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
State AGs Asking Federal Regulator to Prohibit Debt Collectors from Using Social Media
State Attorneys General (AGs) from 28 states sent a letter to the Consumer Financial Protection Bureau (CFPB) asking the federal regulator to prohibit debt collectors from using social media to contact consumers about an outstanding debt. Announced earlier this year,...
Consumer Complaints Rise over Credit Monitoring Services
According to American Banker, there has been a sudden rise in the number of consumer complaints in the Consumer Financial Protection Bureau’s (CFPB) complaint database over credit monitoring services provided by the three major credit bureaus. In 2019 alone, 86 people...
OCC Announces Appeal to Judge’s Decision on Fintech Charter
The Office of the Comptroller of the Currency (OCC) announced today that it will appeal a district judge’s ruling that the federal regulator cannot issue a special-purpose fintech charter to a nonbank entity that is ineligible for federal deposit insurance. “The...