News
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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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Statement from OLA CEO Mary Jackson on California Senate Banking Committee Approval of AB539
The Senate Banking Committee’s approval of AB539 has made this a sad day for California borrowers. Many members of the committee acknowledged that rate caps will lead to great uncertainty and looming hardships for millions of borrowers if enacted. None of them were able to offer realistic solutions for how
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