The Online Lenders Alliance

The Online Lenders Alliance (OLA), the center for lending, technology and innovation, representing the growing online lending industry. OLA members abide by a list of Best Practices and Code of Conduct to ensure their customers are fully informed and fairly treated.

Resources

Consumers

How to report fraud, file a complaint and consumer tips

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Policy

Federal, state and regulatory policy resources

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Media

Latest news and updates from the Online Lenders Alliance

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Members

Online Lenders Alliance membership

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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

January 25, 2023 in Home Page News, OLA in the News, Press Release

Online Lenders Alliance: Colorado Consumer Lending Study Confirms that Rate Caps Reduce Credit Options for Consumers and Fail to Improve Consumers’ Wellbeing

ARLINGTON, Va. (January 25, 2023)—After Colorado Attorney General Phil Weiser released a study of consumer lending undertaken by the Financial Health Network as directed by…
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January 12, 2023 in Home Page News, OLA in the News, Press Release

Recently-Released Academic Study Finds Illinois Rate Cap Decreased Credit Availability and Harmed Borrowers’ Financial Well-Being

ARLINGTON, Va. (January 12, 2022)—According to a recent study released by three leading economists, Illinois’ strict interest rate cap on personal loans has “significantly decreased…
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January 11, 2023 in Home Page News, OLA in the News, Press Release

Online Lenders Alliance Statement on CFPB Proposals to Create Registries for Nonbank Financial Institutions

ARLINGTON, Va. (January 11, 2022)—The Consumer Financial Protection Bureau (CFPB) today released a proposed rule that would create new reporting requirements for supervised, non-depository financial…
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December 30, 2022 in Home Page News, OLA in the News, Press Release

New Mexico Rate Cap Taking Effect January 1 is a Shift in the Wrong Direction For New Mexico Consumers

Small Loan Companies Already Leaving the State In advance of New Mexico’s 36 percent rate cap on small dollar loans taking effect on January 1,…
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