ARLINGTON, Va. (November 15, 2024)—After the Federal Deposit Insurance Corporation (FDIC) released the findings of its latest National Survey of Unbanked and Underbanked Households, Online…
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Media Resources
ARLINGTON, Va. (November 6, 2024)—With major media outlets declaring that Donald Trump has been elected to serve as the United States’ 47th President, Online Lenders…
ARLINGTON, Va. (September 30, 2024)—After former president and current Republican presidential nominee Donald Trump proposed a temporary 10 percent APR cap on credit card interest…
-Demand for Credit Continues to Rise with Consumers Seeking Mainstream and Alternative Lenders Alike- ARLINGTON, Va. (September 11, 2024)—New survey data released today by the…
ARLINGTON, Va. (June 20, 2024)—After a federal judge temporarily stopped Colorado from opting out of the 1980 Depository Institutions Deregulation and Monetary Control Act (DIDMCA)…
OLA In the News
The Online Lenders Alliance criticized both the report and the Woodstock Institute. “Since Illinois’ 36% APR cap was signed into law, data and research show…
The Online Lenders Alliance, a trade group that represents high-cost lenders, cautioned other states against following Colorado’s lead, saying that the new law will be…
Online Lenders Alliance Executive Director Andrew Duke authored an article for the Summer 2023 edition of The Legislator Magazine entitled “Financial Technology Helps Consumers Living…
A new survey — conducted by the Online Lenders Alliance, a trade group whose members offer payday loans and expensive installment loans — finds that…
For decades, federal regulators and policy makers have grappled with how to foster credit inclusion to the financially underserved. Many programs were developed with little…
