• OLA Releases Statement In Response To The CFPB’s Small Dollar Lending Rule

    Lisa McGreevy, President and CEO of the Online Lenders Alliance (OLA), today issued the following statement in response to the CFPB’s Small Dollar Lending Rule: “At a time when consumers are demanding choices for flexible, responsible credit products, we’re very concerned that this initial proposal could severely restrict their options. This proposal is complex and we are concerned that […]

    Continue reading
  • Testimony of CFPB Director Richard Cordray From HFSC Hearing

    Testimony of Richard Cordray Director, Consumer Financial Protection Bureau Before the House Committee on Financial Services March 16, 2016 Click here to view the full hearing  Chairman Hensarling, Ranking Member Waters, and Members of the Committee, thank you for the opportunity to testify today about the Consumer Financial Protection Bureau ‘s Semi-Annual Report to Congress. […]

    Continue reading
  • OLA Submits Testimony To California Hearing On “The State Of Consumer Lending”

    California Senate Assembly Banking and Finance Committee “The State of Consumer Lending in California” Statement of Lisa McGreevy President & CEO Online Lenders Alliance The Online Lenders Alliance (OLA) represents the growing industry of companies offering online consumer loans and related products and services. OLA members include online lenders and vendors and service providers to […]

    Continue reading