• OLA Statement on Recent Operation Choke Point Court Findings

    “Operation Choke Point’s failures are yet another reminder that we need a data-driven principle-based approach to consumer lending policy.  For years, Operation Choke Point has caused thousands of legal, licensed US businesses to lose their rights to access the U.S. banking system.  This program dangerously inserted politics into essential banking services and

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  • Understanding the True Cost of Providing Credit to American Consumers

    There is a cost of providing credit. OLA CEO, shares her thoughts in an op-ed in Morning Consult. “Without more research and analysis on the true cost of providing credit that reflects risk-based lending, and a smart principles-based approach, we run the risk of redlining the majority American families; their

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  • Reuters: ‘Fintechs’ sound cautious note on offer of U.S. bank charter

    OLA was featured in a Reuters article, providing comments on the recent OCC bank charter.   Reuters: ‘Fintechs’ sound cautious note on offer of U.S. bank charter WASHINGTON (Reuters) – Financial technology companies that lend online are sounding a cautious note on a U.S. banking regulator’s plan to offer them special

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