The Latest Financial News
Lenders and Consumers Agree on the Benefits of Alternative Data
Credit reporting has changed substantially over the years. Compared to the past when lenders rarely used anything other than traditional credit reports, the majority of lenders today use alternative data when making a lending decision. In addition, most consumers...
CFPB Delays Compliance Date for the Underwriting Provisions of the Small-Dollar Rule
The Consumer Financial Protection Bureau (CFPB) announced earlier today that it would extend the compliance date for the mandatory underwriting provisions (i.e. ability-to-repay standards) of the Small-Dollar Rule, also known as the Payday Rule. Those provisions will...
Consumer Complaints Rise at CFPB
People submitted more complaints to the Consumer Financial Protection Bureau’s (CFPB) Consumer Complaint Database in 2018 than in any previous year, according to a report by the U.S. Public Interest Research Group (U.S. PIRG) Education Fund.The CFPB has published more...
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
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.
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.
To protect and preserve the sovereignty of Native American tribes while offering an unprecedented opportunity for tribal economic growth
Growing opportunity for Indian Country in the financial services industry
Advancing financial literacy in tribal communities
