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
Consumer Borrowing Slows to More than Two-Year Low
Recent Federal Reserve data showed that in May, U.S. consumer borrowing slowed to a more than two-year low, which is the first decline in non-revolving credit since the beginning of the pandemic. Total credit rose $7.2 billion, which is not adjusted for inflation, and...
Wells Fargo Promotes Head of Native American Banking to Managing Director
Earlier this month, Wells Fargo promoted Dawson Her Many Horses, a member of the Rosebud Sioux Tribe of South Dakota, to managing director, making him one of the first enrolled tribal members to be promoted to Managing Director at a major U.S. bank, according to a...
Experian Research Finds Having Established Credit History Helps Young Consumers Feel Financially Independent
Recent Experian research found that 54 percent of millennials and Gen Zers consider themselves at least somewhat financially reliant on their parents, with 23 percent being very dependent on their parents. 80 percent said they believe that having established credit...