The New Mexico House of Representatives passed HB.132 - a bill that will eliminate access to credit for hundreds of thousands of New Mexicans by implementing a 36% annual percentage rate cap on small-dollar consumer…
CommunicationsFebruary 8, 2022
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
After U.S. Senators Jack Reed (D-R.I.), Jeff Merkley (D-Ore.), Sherrod Brown (D-Ohio), and Chris Van Hollen (D-Md.) introduced legislation that would eliminate access to credit…
OLA StaffJuly 29, 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
ARLINGTON, Va. (July 20, 2021)—According to new data from a survey conducted by Morning Consult on behalf of the Online Lenders Alliance (OLA), Black and…
OLA StaffJuly 20, 2021
After the U.S. Senate voted to overturn the OCC’s True Lender Rule under the Congressional Review Act, Online Lenders Alliance Executive Director Andrew Duke issued…
OLA StaffMay 11, 2021
After the Consumer Financial Protection Bureau released its 2020 Consumer Response Annual Report, Online Lenders Alliance CEO Mary Jackson issued the following statement: “In a…
OLA StaffMarch 25, 2021
“The Online Lenders Alliance has long held the position that increased competition in the financial services marketplace benefits consumers by spurring innovation, increasing access, and…
OLA StaffJanuary 26, 2021
After the OCC finalized a rule requiring large banks to provide fair access to bank services, capital, and credit, Online Lenders Alliance CEO Mary Jackson…
OLA StaffJanuary 15, 2021
