News
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Juneteenth Message from OLA
June 19th is an important holiday in United States history as we commemorate and celebrate the final and full emancipation of enslaved Americans. As we marked Juneteenth last year, the United States was in the middle of not only a global health and economic crisis, but also a social crisis on issues surrounding race and
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OLA Statement Following the Second Circuit Decision to Overturn Challenge to OCC Fintech Charter
Following the Second Circuit Court of Appeals’ decision to throw out New York’s Department of Financial Services’ legal challenge to the Office of the Comptroller of the Currency’s (OCC) fintech charter program, Online Lenders Alliance Executive Director Andrew Duke issued the following statement: “The Online Lenders Alliance supported the OCC’s
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Statement from Online Lenders Alliance Following Senate Banking Committee Hearing
At a Senate Banking Committee hearing with the nations’ 6 largest bank CEOs, U.S. Senators Sherrod Brown (D-OH) and Jack Reed (D-RI) announced their intent to reintroduce legislation that would eliminate access to credit for millions of Americans by implementing an annual percentage rate (APR) cap of 36 percent on
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