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

September 8, 2023 in Home Page News, Media Resources, OLA in the News, Press Release

Online Lenders Alliance: Senator Durbin’s Latest National 36 Percent Interest Rate Cap Legislation Would Eliminate Vital Credit Products, Harming Consumers

-Illinois Consumers’ Experiences After Rate Cap Clearly Demonstrate Rate Caps’ Negative Impacts-   ARLINGTON, Va. (September 7, 2023)—After Senator Dick Durbin (D-Ill.) introduced his latest…
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June 20, 2023 in Home Page News, Media Resources, OLA in the News, Press Release

New Report Offers Further Evidence About Consumers’ Inability to Access Small Dollar Credit from Banks and Credit Unions

-Southwest Public Policy Institute Investigation Plainly Refutes False Claims that Credit Unions’ Small Dollar Loan Products Will Meet the Needs of Most Consumers-   ARLINGTON,…
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June 8, 2023 in Home Page News, Media Resources, OLA in the News, Press Release

Online Lenders Alliance Statement on New Federal Reserve “Economic Well-Being of U.S. Households” Report: Latest Data Demonstrates Consumers’ Continued Need for Available Credit Options

ARLINGTON, Va. (June 1, 2023)—After the Federal Reserve issued its new Economic Well-Being of U.S. Households in 2022 report last week, based on results from…
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May 17, 2023 in Home Page News, Media Resources, OLA in the News, Press Release

New Online Lenders Alliance Survey Data Finds Many Customers of the Six Largest Banks Offering Small Dollar Loans Continue to Rely on Alternative Lenders to Help Meet Credit Needs

-Nearly Three out of Every Ten Consumers who Recently Used a Small Dollar Online Installment Lending Product were Customers of the Six Banks Touted as…
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