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 Report Details Impacts of Overdraft Fees on Economically Insecure Older Adults
The Consumer Financial Protection Bureau recently released a report highlighting how overdraft fees affect economically insecure older adults. Most financial institutions charge an overdraft fee when a consumer does not have enough funds in their account to cover an...
JPMorgan and Citigroup Say Strict Capital Requirements May Limit Lending Abilities
Some of the biggest U.S. banks recently said that higher capital requirements that were bolstered after the 2008 financial crisis could hurt their lending abilities and amplify a possible recession. The comments came as the Federal Reserve’s new regulatory chief is...
Fifth Circuit Court of Appeals Finds CFPB Funding Mechanism is Unconstitutional
On Wednesday night, the Fifth Circuit Court of Appeals issued a long-awaited ruling which found that the independent funding mechanism Congress established to insulate the Bureau from political interference violated the Constitution’s separation of powers clause....