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New Poll Finds Active Duty Military Households Experience Significantly Higher Rates of Financial Hardships than Non-Military Households
New Poll Finds Active Duty Military Households Experience Significantly Higher Rates of Financial Hardships than Non-Military Households -Majority of Military Households Live Paycheck-to-Paycheck Every Month and Have Been Denied Access to Credit Due to Military Lending Act- ARLINGTON, Va. (January 15, 2020)— In a time that our country is preparing
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There’s a better way to regulate small-dollar lending
Innovation in online lending has shifted consumers away from traditional payday lenders. And while that’s a safer bet, the shift has also sparked a misguided policy conversation around online lending that is focused on the wrong thing: capping interest rates. Read the full op-ed on American Banker.
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Online Lenders Alliance Statement on OCC’s Guidance on “Valid When Made” Doctrine
Following the news that the Office of the Comptroller of the Currency released their NNPR on “Valid When Made” doctrine OLA issued the following statement: We applaud the recent actions taken by the OCC to support bank-fintech partnerships through a proposed rule that would mitigate the consequences of the Second
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