ARLINGTON, Va. (March 15, 2023)—This morning, the Online Lenders Alliance (OLA) released its 2023 Policy Priorities white paper, providing a guide for legislators, regulators, and…
OLA StaffMarch 15, 2023
Representatives Glenn Grothman (WI-06) and Jesus “Chuy” Garcia (IL-04) today introduced companion legislation to S.2508 (the Veterans and Consumers Fair Credit Act) that would eliminate…
CommunicationsNovember 16, 2021
Proposed Third-Party Risk Management Guidelines The Federal Reserve, FDIC and OCC jointly issued proposed guidance on banking organizations’ risk management of third-party relationships. The goal…
CommunicationsOctober 20, 2021
ARLINGTON, VA. (July 28, 2021)—A new report required under on the National Defense Authorization Act (NDAA) for Fiscal Year 2021 ‘on a Military Annual Percentage…
OLA StaffJuly 28, 2021
“Today’s action by the Office of the Comptroller of the Currency brings much-needed and long-overdue clarity to the financial system. While the pandemic has accelerated…
OLA StaffOctober 27, 2020
The House Financial Services Committee is attempting to pass a bill setting a national rate cap at 36% APR. There are 100 million consumers at…
OLA StaffNovember 12, 2019
"Operation Choke Point's failures are yet another reminder that we need a data-driven principle-based approach to consumer lending policy. For years, Operation Choke Point has…
OLA StaffOctober 16, 2018
OLA Provides Comments to Treasury Department in Advance of Fintech Report As a follow up to a meeting with Senior Treasury Department staff regarding an…
OLA StaffApril 9, 2018
New Legislation Reaffirms Longstanding Legal Precedent, Increases Access to Credit for Small Businesses and Consumers WASHINGTON, DC – Lisa McGreevy, President and CEO of the…
OLA StaffFebruary 14, 2018
