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
Last month, the Consumer Financial Protection Bureau (CFPB) issued its Financial Literacy Annual Report for fiscal year 2019, which is part of the Dodd-Frank Act’s requirements that the agency report on its work to provide information to consumers that helps them make...
California Governor Gavin Newsom Announces Plans to Create State Consumer Financial Protection Agency
Last week, while releasing his budget proposal for the state, California Governor Gavin Newsom revealed plans to establish a powerful state agency modeled after the federal Consumer Financial Protection Bureau (CFPB). As part of the proposal, Newsom wants to refocus...
Revenues from Tribal Lending Enterprise and Investments into Economic Enterprises Lead Lac Vieux Desert to Historic Milestone: Payment in Full of Casino Debt
Recently, the Lac Vieux Desert Band of Lake Superior Chippewa Indians (LVD) announced that the Tribe had paid in full a $30 million loan originally taken out in 1995 to finance the construction of the Lac Vieux Desert Northern Waters Casino Resort, an occasion that...