The Latest Financial News
Congress Passes Historic Infrastructure Package Which Includes Significant Funding for Native Communities
Late last Friday, after months of delay, the House of Representatives passed the Infrastructure Investment and Jobs Act, a historic, more than $1 trillion spending bill that puts more than $550 billion into transportation projects, the utility grid, and broadband;...
Experian Introduces New Integration Providing Lenders with Access to Payroll Account Data
Experian recently introduced new verification capabilities that provide lenders with access to more than 120 million permissioned consumer payroll accounts from more than 40 of the top payroll providers in the United States. The move will both empower consumers and...
BNPL Lenders Look to Finance Travel Spending
As COVID restrictions continue to ease and more consumers return to traveling, Buy Now/Pay Later (BNPL) lenders are eager to expand from financing purchases of goods to providing financing for travelers—a purchase category that has historically been hugely important...
Featured Resources
Our Digital Financial Literacy Program
Too many consumers mismanage their budgets, make poor 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 Impact of Tribal Financial Services
Coming from a history of staggering unemployment rates, limited opportunities, and lack of access to fundamental resources, Native American tribes began online lending businesses to create real change for the future. Internet commerce has been a vehicle for supporting economic growth, tribal services, and tribal development. These are their stories.
Why NAFSA?
There are more than 570 federally-recognized tribes in the United States, many of whom are spread across in diverse areas. This has left a need for other tribal economic development opportunities to create sustainability and jobs on Native American reservations.
Tribal Financial Services:
Create jobs & economic development on tribal lands
Increase the financial independence of tribes
Deploy sovereignty & bolster tribal self-determination
Our Mission
To advocate for tribal sovereignty, promote responsible financial services, and provide better economic opportunity in Indian Country for the benefit of tribal communities.