• OLA Says CFPB Should Transform Project Catalyst Into Innovation Hub With Real Safe Harbor

    OLA Says CFPB Should Transform Project Catalyst Into Innovation Hub With Real Safe Harbor Lisa McGreevy, President and CEO of OLA Pens Op-ed for American Banker In an American Banker op-ed this morning the Online Lenders Alliance (OLA) called for a transformation of the Bureau’s Project Catalyst, which OLA believes has been a missed opportunity for faster […]

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  • Morning Consult: CFPB Needs a Professional 21st Century Regulator

    Morning Consult: CFPB Needs a Professional 21st Century Regulator By: Lisa McGreevy, president and CEO of OLA We expect President Donald Trump to announce the appointment of a new leader of the Consumer Financial Protection Bureau in the coming weeks. After years of being driven by partisan politics and political agendas, the CFPB now has […]

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  • Now is the time for a professional regulator to lead the Consumer Financial Protection Bureau

    The CFPB needs a professional regulator to take over at the agency.  Many can debate whether or not there should be a CFPB, but until such time as Congress passes legislation to abolish the agency, we need the best possible professional and modern agency.

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  • Huffington Post: Don’t Allow Politics to Rush Credit Access Rules

    The following op-ed on the CFPB and small dollar rule was published in the Huffington Post on August 23 by Lisa McGreevy, President and CEO of Online Lenders Alliance. 

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  • CFPB Proposal Would Hurt Consumers it’s Designed to Help

    The following op-ed was published on The Hill website on April 28: By Samantha Bentson I recently attended the CFPB’s Richmond hearing where the agency released its draft proposal governing short-term credit.  During the public comment period I heard many of the same stories from customers and employees that I hear every week in my […]

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  • Preserving Innovation and Access to Credit Essential in the CFPB’s Small Dollar Rule

    The following op-ed was published on The Hill website on March 3, 2015: By Lisa McGreevy There has been a revolution in financial technology and in the way consumers expect to conduct their personal business online.  The Internet has democratized communications, banking, and commerce in ways that are changing on a daily basis where the limits of […]

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  • Helping Consumers Choose an Online Lender They Can Trust

    Posted by: Kristen Tyagi The Hill website By Lisa McGreevy For millions of American families, the holiday season can be a stressful time. Even the most prudent savers can find themselves needing a little extra cash to complete their holiday list. This season, many Americans will turn to the Internet for a short-term loan. Consumers […]

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  • Give Nonbanks Credit – and More Power to Fill Lending Void

    Posted by: Heather Behrmann American Banker website By Lisa McGreevy Last week the Federal Deposit Insurance Corp. confirmed what we, in the short-term lending industry, have been saying all along: Since the global financial crisis, consumers have increasingly relied on nonbanks to manage their finances. More than one in four households – 28.3% – are […]

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  • CFPB Must Work with Legit Online Lenders, Stop Outlaws

    Posted by: Liz Jones The following op-ed was posted on the American Banker website on January 25, 2012. CFPB Must Work with Legit Online Lenders, Stop Outlaws By Lisa McGreevy Last week in Birmingham, Ala., Richard Cordray, the newly appointed director of the Consumer Financial Protection Bureau, reiterated his agency’s intent to end illegal activity […]

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