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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.
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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
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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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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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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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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