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The Online Lenders Alliance
Founded in 2005, the Online Lenders Alliance (OLA) is the first trade association in FinTech. The growing online lending industry is providing consumers with more options, and OLA represents a diverse group of innovative companies dedicated to serving the millions of Americans who seek access to credit to meet their financial needs. OLA members are not only required to be compliant with all applicable laws and regulations, they also abide by an extensive set of Best Practices to ensure that customers are fully informed and fairly treated.
Resources
Convenient Loans
for Hard-Working Americans
When Americans need secure and convenient loans, Online Lenders Alliance members take pride in helping out those who need it.
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News
New Online Lenders Alliance Research Demonstrates that Consumers Rely on More Options for Credit – Banks, Credit Unions, and Alternative Lenders
-Demand for Credit Continues to Rise with Consumers Seeking Mainstream and Alternative Lenders Alike- ARLINGTON, Va. (September 11, 2024)—New survey data released today by the…
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Online Lenders Alliance Applauds Court Decision Stopping Colorado’s DIDMCA Opt-Out: Temporary Legal Relief Should Be Made Permanent to Protect Consumers’ Credit Access
ARLINGTON, Va. (June 20, 2024)—After a federal judge temporarily stopped Colorado from opting out of the 1980 Depository Institutions Deregulation and Monetary Control Act (DIDMCA)…
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Online Lenders Alliance Statement on Supreme Court’s CFPB Ruling
ARLINGTON, Va. (May 16, 2024)—After the U.S. Supreme Court reversed a lower court’s ruling that the Consumer Financial Protection Bureau’s (CFPB) funding violated the Constitution,…
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Three Years Into Illinois Rate Cap, Lender Licenses Are Down 64 Percent, Highlighting How Rate Cap Has Significantly Diminished Consumers’ Access to Credit
-Total Licenses Dropped From 1426 in 2021 to Only 512 Today, Leaving Cash-Strapped Consumers With Fewer Options Than Before Rate Cap’s Implementation- ARLINGTON, Va. (March…
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