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  • OLA Response to Blue Global Media/FTC Settlement

    OLA Response to Blue Global Media/FTC Settlement For immediate release Contact Stephanie Schlesinger at 703-567-0327 or sschlesinger@oladc.org Today the Federal Trade Commission announced a settlement with Blue Global, a lead generator for online loans.  The FTC alleged that Blue Global did not adequately vet its affiliates and customers; sold leads

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  • OLA Applauds Introduction of The Financial Institutions Consumer Protection Act of 2017

    For immediate release Contact Michael Day at 703-567-0327 or mday@oladc.org Online Lenders Alliance Applauds Introduction of The Financial Institutions Consumer Protection Act of 2017  Legislation to End Operation Choke Point WASHINGTON, D.C. – A multi-agency effort initiated under the Obama Administration to deny licensed, legitimate businesses access to the federal

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  • OLA Responds to CFPB RFI on Use of Alternative Data

    On May 19th, OLA submitted a comment letter to the CFPB in response to an RFI issued by the agency in February. OLA members have been leaders in the alternative data field, building new and innovative models to assist in broadening the availability of capital to consumers. The letter focused on

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