-Total Licenses Dropped From 1426 in 2021 to Only 512 Today, Leaving Cash-Strapped Consumers With Fewer Options Than Before Rate Cap’s Implementation- ARLINGTON, Va. (March…
Andrew RicciMarch 21, 2024
-Consumers Seeking Online Loans Should Look for the OLA Seal and Use OLA’s Consumer Hotline To Report Fraud or Get Answers to Any Questions- ARLINGTON,…
Andrew RicciMarch 6, 2024
ARLINGTON, Va. (January 16, 2024)—Responding to the latest Woodstock Institute report on the impact of Illinois’ 36 percent rate cap on consumers in the state,…
Andrew RicciJanuary 17, 2024
ARLINGTON, Va. (January 4, 2024)—Data from the New Mexico Regulation and Licensing Department (NMRLD) collected and analyzed by the Online Lenders Alliance shows that within…
Andrew RicciJanuary 4, 2024
ARLINGTON, Va. (December 15, 2023)—After Sen. Jack Reed (D-R.I.) reintroduced his perennial legislation to force the Military Lending Act’s credit-eliminating restrictions on millions of Americans,…
Andrew RicciDecember 15, 2023
ARLINGTON, Va. (December 13, 2023)—After the Federal Communications Commission (FCC) announced its decision to adopt a new proposal that will restrict consumer choice, Online Lenders…
Andrew RicciDecember 13, 2023
-Rate Cap is Failing the Financial Wellbeing of New Mexico Consumers Since Taking Effect January 1, 2023- ARLINGTON, Va. (November 14, 2023)—In the wake of…
Andrew RicciNovember 14, 2023
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Andrew RicciNovember 14, 2023