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
NAFCU Asks CFPB to Exempt All Payday Alternative Loans from Payday Lending Rule
Last October, when the agency was still helmed by former Director Richard Cordray, the Consumer Financial Protection Bureau finalized a rule that required lenders to determine up front whether people can afford to repay their loans. This so-called “payday...
CFPB Teams Up With International Regulators to Create Global Financial Innovation Network
Yesterday, the Consumer Financial Protection Bureau (CFPB) announced a new partnership with 11 financial regulators and related organizations to create the Global Financial Innovation Network (GFIN). According to a press release, the GFIN “will seek to...
Sens. Booker, Brown Take Aim at Overdraft Fees
Last week, U.S. Senators Cory Booker (D-N.J.) and Sherrod Brown (D-Ohio) introduced legislation targeting what they see as “exploitative overdraft fees that banks charge consumers when they make a purchase or pay a bill but don’t have sufficient funds in...