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
A 2016 report by the World Bank titled, Identification for Development, calculated that over one-fifth of the world population cannot prove their identity, accounting for nearly 1.5 billion people globally. The inability to prove identity can create significant issues...
The Conference of State Bank Supervisors (CSBS) filed a lawsuit on April 26th seeking declaratory and injunctive relief against the Office of the Comptroller of the Currency’s (OCC) recent FinTech chartering system. In its complaint, the CSBS voiced concerns over the...
CFPB’s Suit Against Four Tribally-Owned Lending Entities Another Troubling Action from Controversial Agency
On Thursday, April 27th, the Consumer Financial Protection Bureau (CFPB) filed a complaint in the U.S. District Court for the Northern District of Illinois alleging violations of the Truth in Lending Act (TILA) and Title X of the Dodd-Frank Wall Street Reform and...