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
Panelists at CFPB Symposium Urge Guidance on “Abusive Standard”
The Consumer Financial Protection Bureau (CFPB) held its first symposium earlier this week where it focused on the abusive standard of unfair, deceptive, and abusive acts or practices (UDAAP). Lawyers participating in the event urged the CFPB to clarify the standard,...
Credit Union Regulator Delays Higher Capital Requirement to 2022
The National Credit Union Administration (NCUA) proposed last week to delay the effective date of its risk-based capital rule until January 1, 2022. The rule would generally require larger credit unions, with assets more than $500 million, to increase their capital...
Big Banks Easily Pass Federal Stress Tests
The nation’s largest and most complex banks easily passed the Federal Reserve’s annual stress tests, despite undergoing a scenario that simulated the most severe economic downturn yet tested.The simulation projected $410 billion in total losses among the nation’s 18...