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
CFPB Aims to Bring Credit Card Protections to Buy Now Pay Later
The Consumer Financial Protection Bureau (CFPB) is considering ways to regulate “buy now, pay later” (BNPL) companies, which have surged in popularity since the pandemic, with the Bureau saying that it would issue guidance to align sector standards to those of credit...
Senate Banking Committee Holds Hearing on New Consumer Financial Products
Last week, the Senate Committee on Banking, Housing, and Urban Affairs convened a hearing to examine “New Consumer Financial Products and the Impacts to Workers.” It proved to be another hearing in which Democrats and Republicans on the panel sparred over whether new...
Credit Card Interest Rates Hit 26-Year High
Last week, the average interest on variable-rate credit cards reached 18.03 percent, the highest rate seen since January 1996, according to recent Bankrate data. Since June 25, rates charged to cardholders have increased by 1.5 percentage points. Since March, the...