But several financial services trade groups disagreed, urging the CFPB not to simply repeal the rules without replacing them. In a joint comment letter last…
OLA CommsJuly 21, 2025
ARLINGTON, Va. (July 11, 2025)—After the U.S. Senate confirmed Jonathan Gould to lead the Office of the Comptroller of the Currency (OCC), Online Lenders Alliance…
OLA CommsJuly 11, 2025
The Online Lenders Alliance, a national trade organization for financial technology groups that offer online banking services, applauded Dunleavy’s veto. “Governor Dunleavy made the right…
OLA CommsJune 28, 2025
Lender advocates like Online Lenders Alliance Chief Executive Officer Andrew Duke celebrated the decision, calling it a win for credit access. "Governor Dunleavy made the…
OLA CommsJune 26, 2025
Opponents of the bill say it would unnecessarily limit consumers’ choices and reduce loan options for borrowers with poor credit. Andrew Duke leads the Online…
OLA CommsJune 26, 2025
ARLINGTON, Va. (June 26, 2025)—After Alaska Governor Mike Dunleavy vetoed the state’s SB39, legislation that would impose new restrictions on credit that would restrict access…
OLA CommsJune 26, 2025
In their comment letters filed this past week, many of those same trade groups doubled down by reiterating their past criticisms, warning that the rules…
OLA CommsJune 13, 2025
ARLINGTON, Va. (May 21, 2025)—Following the House Financial Services Committee’s passage of the Financial Integrity and Regulation Management (FIRM) Act earlier today, Online Lenders Alliance…
OLA CommsMay 21, 2025
In a Tuesday statement, fintech trade group the Online Lenders Alliance identified the prospective closure of the nonbank enforcement registry as a particularly "welcome development,"…
OLA CommsMay 13, 2025
