News
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OLA Reacts to Former Acting Comptroller of the Currency Brian Brook’s Testimony During House Financial Services Committee Hearing
Today, the House Financial Services Subcommittee on Consumer Protection & Financial Institutions hosted a hearing titled, “Banking Innovation or Regulatory Evasion? Exploring Trends in Financial Institution Charters.” During today’s hearing, former Acting Comptroller of the Currency Brian Brooks was asked about the OCC rule on True Lender and the congressional
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Online Lenders Alliance Applauds Competitive Enterprise Institute’s New Repot on APR and Short-Term Lending
Following the release of The Competitive Enterprise Institute’s new report Online Lenders Alliance issued the following statement from Director of Research and Policy, Justin Fisk “The Competitive Enterprise Institute’s new report on APR and short-term loans reinforces a critical and often misunderstood point: annual rate calculations are irrelevant and misleading
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OLA Announces New Leadership
Since its founding over 15 years ago, the Online Lenders Alliance (OLA) has led the charge to expand access to credit for all consumers – especially those with low or thin credit – to provide them with more tools to meet their unique financial needs and help strengthen their financial
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