The Latest Financial News
Buy Now Pay Later Delinquencies on the Rise
As buy now, pay later (BNPL) services have risen in popularity, delinquencies have also increased as inflation is making it more difficult for consumers to pay off debt. BNPL products are typically used by younger borrowers to avoid never-ending credit card debt, as...
Republican Ranking Members on House Oversight and Financial Services Committees Press CFPB Director to Justify His Authority
In a letter sent last week by Reps. Patrick McHenry (R-N.C.) and James Comer (R-Ky.) to CFPB Director Rohit Chopra, the pair of Republican congressmen demanded that Chopra “provide Congress with the clear authorities delegated to the CFPB that justify its current and...
Morning Consult Study Finds 3/5 of Student Loan Borrowers Won’t Be Able to Afford Repayments When Moratorium Ends in January
A recent Morning Consult survey found that with the federal student loan payment moratorium ending next year, a majority of borrowers do not think they will be able to afford their repayments. 30 percent of respondents said they would probably not be able to make...
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
