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
U.S. Banks Report Nearly $19 Billion in Loan Losses During Q2
Earlier this month, U.S. banks reported $18.9 billion in loan losses during the second quarter of 2023, according to a report from the Financial Times (FT). That figure is the highest loan-loss rate seen in three years, largely due to an increase in defaults among...
54 Million Adults Have Had Credit Card Balances For More Than a Year
A new Bankrate report found that 60 percent of U.S. adults who carry a balance on their credit card, or 54 million people, have carried a balance for at least a year—a rate that is unchanged from 2022 and up from 50 percent in 2021. Overall, 47 percent of credit...
52% of Gen Z Borrow Money to Make Ends Meet
A recent collaboration between PYMNTS and LendingClub, entitled “New Reality Check: The Paycheck-to-Paycheck Report — The Household Finances Deep Dive Edition,” found that members of Gen Z are the most likely to have borrowed money to meet expenses over the last year...