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
Fed Consumer Finance Survey Shows Increased Online Banking Usage and Higher Debt Burdens
The Federal Reserve’s most recent Survey of Consumer Finances showed an increased engagement in online banking, an attempt to grow savings, and a higher debt burden held by consumers. The pre-pandemic data showed that from 2016 to 2019, gross domestic product grew at...
Experian Report Shows Lenders Believe Alternative Credit Data Improves Financial Access for Consumers
Last month, Experian released its most recent State of Alternative Data report, highlighting lender and consumer awareness about leveraging alternative credit data in the wake of the COVID-19 pandemic. “There is no question COVID-19 has created a difficult economic...
CFPB Issues Report on Perceived Financial Preparedness, Security, and Saving
A recent report from the Consumer Financial Protection Bureau (CFPB) examines the relationship between saving money and more objective measures of consumers’ financial situations, like difficulty paying bills and past financial shocks. Data from the Bureau’s Making...