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 Drops Enforcement of Nonbank Registry
Last week, the Consumer Financial Protection Bureau (CFPB) announced that it will not prioritize enforcement of a regulation creating a registry for nonbank financial companies that have broken consumer laws and have been subject to government or court orders. The...
CFPB Scraps Credit Card Late Fee Rule
The Consumer Financial Protection Bureau (CFPB) has chosen to abandon its rule imposing an $8 limit on credit card late fees, according to a consent judgment motion filed this week. The agency and other industry groups like the American Bankers Association agreed that...
Debt Causing Nearly Two in Three Americans Carrying Credit Card Debt to Delay or Avoid Other Financial Decisions, Study Finds
According to a new Bankrate report, 64% of U.S. adults carrying credit card debt have delayed or avoided other financial decisions as a result of the debt. 34 percent of credit card debtors have delayed creating an emergency savings fund, 26 percent have delayed...