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
House Financial Services Committee Ranking Member Introduces Protecting Consumer Access to Credit Act
Earlier this month, Representative Patrick McHenry (R-N.C.), who serves as Ranking Member of the House Financial Services Committee (HFSC), once again introduced the Protecting Consumer Access to Credit Act (H.R. 1645). The legislation would reform the Fair Credit...
CFPB Rescinds Policy Statement Regarding Prohibition on Abusive Acts or Practices
Last week, the Consumer Financial Protection Bureau (CFPB) rescinded its “Statement of Policy Regarding Prohibition on Abusive Acts or Practices,” originally issued in January 2020. The Bureau’s rescission claims that the January 2020 statement issued under previous...
New FDIC CIO Sees Fintech as Path to Expand Banking
The Federal Deposit Insurance Corp. (FDIC) recently named Sultan Meghji as its first chief innovation officer. Meghji co-founded the fintech company Neocova in 2016, and is now tasked with heading the FDIC’s efforts to promote innovative technologies throughout the...