Policing the Internet to Protect Consumers: A Decade of Leadership

A new report out by the Online Lenders Alliance, whose members account for 80 percent of online loan volume in the U.S., provides a detailed look into an industry-wide policing effort to protect online borrowers from fraud and abuse.

OLA’s policing efforts include clear Best Practices that all members must comply with; a robust web-crawling initiative aimed at weeding out improper behavior; an active OLA Consumer Hotline; a widely recognized OLA Seal; and a steady flow of reporting to the Federal Trade Commission.

Read the full report here.