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
Experian Research Finds Having Established Credit History Helps Young Consumers Feel Financially Independent
Recent Experian research found that 54 percent of millennials and Gen Zers consider themselves at least somewhat financially reliant on their parents, with 23 percent being very dependent on their parents. 80 percent said they believe that having established credit...
Americans Paid 14% More for Financial Services in 2022, Spending Nearly $350 Billion on Interest and Fees
A new report from the Financial Health Network found that Americans paid 14 percent more for financial services in 2022 due to increased interest rates on loans, higher borrowing levels, and rising fees on deposit accounts. Consumers spent $347 billion on interest and...
ABA Economic Advisory Committee Forecasts Credit Conditions Softening Over Remainder of Year
The Economic Advisory Committee of the American Bankers Association (ABA), which is made up of bank economists, predicts credit conditions to soften throughout the rest of the year due to higher borrowing costs and a slowing economy. The ABA’s most recent Credit...