News
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Statement from OLA following the signing of AB 539 by the California State Assembly
Following the signing of AB 539 by the California General Assembly on Thursday night, Online Lenders Alliance issued the following statement: “With the stroke of a pen, California has created uncertainty and hardships for those in the state who need credit access the most, who are facing unexpected emergencies, or
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Online Ad Bans’ Unintended Consequences
It’s time for companies like Google and Facebook to rethink their blanket bans on short-term lending products. OLA members are state-licensed, adhere to 18 federal laws, and abide by a set of best practices. By banning these legal and licensed products from advertising on their platforms, these companies put consumers
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Policing the Internet is Critical to Protecting Online Lending Consumers
As the first trade association in fintech, it is OLA’s duty to make online lending a safe and reliable source for consumers. OLA CEO shares her thoughts on Forbes Finance Council. Read the full article here.
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