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
FDIC Issues Rule to Codify Permissible Interest on Transferred Loans
The Federal Deposit Insurance Corporation (FDIC) recently issued a final rule to codify guidance that accurate interest rates are determined when loans are made, and not affected by any loan transfers, to reestablish the 200-year-old ‘valid when made’ principle in...
SCOTUS Rules that President Can Remove CFPB Director at Will, But Bureau Can Remain
This morning, the Supreme Court issued its long-awaited decision in Seila Law LLC v. CFPB, ruling that the Consumer Financial Protection Bureau can remain in place, although the President has authority to fire its Director without restraint. Though this will impact...
Fed Adds Coronavirus-Related Scenarios to Annual Bank Stress Tests
As part of the Federal Reserve’s annual stress tests, it is also assessing large banks’ abilities to handle recession scenarios related to the COVID-19 pandemic. According to a press release announcing the results of its 2020 stress tests and additional analyses...