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
Senate Banking Committee Holds Hearing on Digital Banking
Earlier this week, the U.S. Senate Committee on Banking, Housing, and Urban Affairs conducted a remote hearing to examine “The Digitization of Money and Payments.” This comes as the COVID-19 pandemic has given the U.S. government another lens to determine the...
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...