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 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...
OCC Commissioner Says Guidance on Small-Dollar Loans for Banks Coming Soon
Joseph Otting, Comptroller of the Currency, told reporters at a press roundtable last week that bank regulators like the OCC hope to make small dollar loans a simpler alternative to payday lenders and check cashers. Currently, very few banks offer these types of...
HFSC Seeks Information on Role of Alternative Data in Expanding Credit Access
Last week, the House Financial Services Committee (HFSC) sent a letter to the Government Accountability Office requesting information about the benefits and disadvantages of using alternative data in mortgage lending and credit reporting agencies. The lawmakers...