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
LendingClub CEO: Paycheck-to-Paycheck Living is Akin to the Climate Crisis
PYMNTS recently partnered with LendingClub to produce the “New Reality Check: the Paycheck-to-Paycheck Report,” which tracks how Americans are affording the cost of living. LendingClub CEO Scott Sanborn said that more Americans are living paycheck-to-paycheck, as both...
CFPB to Toughen Caps on Credit Card Late Fees
Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra has set a framework for the CFPB to issue a rule next year to determine if credit card late fees are set at reasonable levels, and whether they should continue to be pegged for inflation, which could...
Report Finds that More Americans Carry Credit Card Debt for Longer Periods of Time
A recent survey conducted by YouGov for CreditCards.com reports a 10 point rise from last year in the number of people who have been in credit card debt for 12 months or more. According to the survey, 60 percent of consumers who carry over credit card debt from month...