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
TransUnion Report Finds Consumers Looking to Credit Products to Make Ends Meet
A recent TransUnion report highlighting credit activity in Q4 of 2022 found that credit card balances hit a record $931 billion, which increased 18.5 percent from the fourth quarter of 2021. The number of consumers with a credit card rose to 166 million, up from 159.5...
Banks to CFPB: Rule to Cut Late Fees Requires Small Business Review
Small community banks and credit unions have recently stated that they will be forced to sue the Consumer Financial Protection Bureau (CFPB) if their plan to cut credit card late fees to $8 goes into effect next year. They argue that the CFPB is required to convene a...
Senate Banking Committee Ranking Member Tim Scott Announces Policy Priorities
Last week, U.S. Senator Tim Scott (R-S.C.), the new Ranking Member on the Senate Committee on Banking, Housing, and Urban Affairs, released his oversight and legislative priorities for the 118th Congress, which he says will broaden opportunities for all Americans by...