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
FICO Announces Changes That Could Lower Consumers’ Credit Scores
Fair Isaac Corp., which created the FICO credit score used by many lenders in credit decisions, recently announced a series of changes to its scoring model which the Wall Street Journal reports could lower overall credit scores for many Americans. This is because...
House Financial Services Committee To Hold Eight Hearings in February
During the month of February, the U.S. House Financial Services Committee will hold eight hearings on an array of topics, including bank partnerships with non-banks, public housing, the Consumer Financial Protection Bureau (CFPB), and monetary policy. The Committee’s...
House Passes H.R. 3621, Legislation to Overhaul Credit Reporting System
Yesterday, the House of Representatives passed H.R. 3621, the Comprehensive CREDIT Act, which was introduced by Rep. Ayanna Pressley (D-Mass.) to make changes to the credit reporting system. According to a press release from the House Financial Services Committee, the...