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
ATM Fees Hit Record High as Overdraft and NSF Fees Drop
Bankrate’s annual Checking Account and ATM Fee Study found that the average combined ATM fee for out-of-network withdrawals was $4.73, which surpassed the previous average high of $4.72 in 2019. Alternatively, overdraft and non-sufficient funds (NSF) fees have...
High-Income Urban Consumers 25% More Likely than Suburban Ones to Live Paycheck-to-Paycheck
A recent study by PYMNTS and LendingClub entitled “New Reality Check: The Regional Divide Edition” found that city dwellers are feeling the financial pressure of increased cost-of-living, despite having higher incomes. Though 36 percent of urban consumers earn more...
CFPB Announces Rule to Limit Types of Consumer Data that Can be Sold by Data Brokers
Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra said last week at a White House roundtable that the agency plans to propose a rule under the Fair Credit Reporting Act (FCRA) to address the actions of data brokers. The Bureau issued FAQs regarding its...