ARLINGTON, Va. (May 13, 2025)—After the Consumer Financial Protection Bureau issued a proposed rule rescinding its registry of nonbank entities that have ever been involved…
OLA CommsMay 13, 2025
-Number of Installment Lender Licenses Experienced Another Sharp Decline, Falling 13.4 Percent in the Past Year- ARLINGTON, Va. (March 27, 2025)—Four years after Illinois implemented…
OLA CommsMarch 27, 2025
Online Lenders Alliance Statement on Virginia Governor Glenn Youngkin’s Veto of Rate Cap Legislation
ARLINGTON, Va. (March 25, 2025)—After Virginia Governor Glenn Youngkin vetoed SB 1252, legislation that would severely restrict access to credit and financial products in Virginia,…
OLA CommsMarch 25, 2025
-Consumers Seeking Online Loans Should Know the Signs of Scams and Fraud, Look For OLA Seal, and Use OLA’s Consumer Hotline To Report Issues- ARLINGTON,…
OLA CommsMarch 6, 2025
ARLINGTON, Va. (February 6, 2024)—After Senators Josh Hawley (R-Mo.) and Bernie Sanders (I-Vt.) introduced legislation to cap annual interest rates on credit cards at 10…
OLA CommsFebruary 6, 2025
ARLINGTON, Va. (February 5, 2025)—The Online Lenders Alliance (OLA) today released its latest batch of survey data, covering the entirety of 2024, which revealed that…
OLA CommsFebruary 5, 2025
ARLINGTON, Va. (February 3, 2025)—Following President Donald Trump’s announcement designating Treasury Secretary Scott Bessent as Acting Director of the Consumer Financial Protection Bureau, Online Lenders…
OLA CommsFebruary 3, 2025
ARLINGTON, Va. (January 30, 2025)—This morning, the Online Lenders Alliance (OLA) released its 2025 Policy Priorities white paper, providing a guide for legislators, regulators, and…
OLA CommsJanuary 30, 2025
