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
SEC Moves on Cryptocurrencies with Announcement of Senior Advisor for Digital Assets and Innovation
On Monday, the Securities and Exchange Commission (SEC) announced the appointment of Valerie Szczepanik as Associate Director of the Division of Corporation Finance and Senior Advisor for Digital Assets and Innovation. In the new position, Ms. Szczepanik...
OCC Getting Closer to Decision on Proposed Charter for Fintech
For nearly a year and half, the Office of the Comptroller of the Currency has been exploring the possibility of extending a special purpose national bank charter to fintech companies like online lenders. During a press call on May 24, Comptroller of the...
Fintech Online Lenders Respond to Rising Defaults by Tightening Underwriting Standards
Several years of positive growth have been good for investors in fintech lending companies like Social Finance (SoFi), LendingClub, Prosper, and Avant. But after a wave of defaults across these platforms, investors have gotten spooked, and the firms are...