Our Resources
A Digital Financial Literacy Program
Too many consumers mismanage their budgets, make uninformed investment decisions, and fail to properly plan for the future. NAFSA is committed to empowering people with the skills they need to change this trend and thrive financially. NAFSA’s Financial Literacy Program offers an assortment of digital modules covering a wide variety of financial topics, including building emergency savings, mortgage education, and retirement planning.
Tribal Online Lending Best Practices
NAFSA has developed Best Practices for the exclusive use of all NAFSA Members as it relates to their Tribal Online Lending businesses. We believe these Best Practices will help ensure consumer protection, quality service, and positive customer and industry interactions during the life of the loans made by tribal lending entities who are NAFSA members. Our Best Practices apply to all stages of the loan, including marketing, origination, servicing, collecting, and ongoing data privacy.
The Latest Financial News
CFPB to Rewrite Open Banking Rule
In a recent court filing, the Consumer Financial Protection Bureau (CFPB) revealed that it plans to rework a U.S. open banking rule aimed at establishing industry-wide standards for data sharing between banks, fintechs, and consumers. The Bureau plans to revise the...
4 in 10 Consumers Would Not Make Purchase if BNPL Were Not Available
A recent PYMNTS Intelligence report, “Decoding BNPL Users: Necessity, Convenience and Risk Signals” examines consumer behavior and preferences regarding buy now, pay later (BNPL), which has become increasingly embedded in the financial lives of U.S. consumers. Among...
46% of Americans Carry Credit Card Balance and 23% Don’t Think They Will Ever Pay it Off
A recent Bankrate survey found that 46 percent of Americans carry a credit card balance month to month, and 23 percent believe they will never get out of credit card debt. A growing number of Americans are holding long-term debt, as 60 percent of credit card debtors...