It wasn’t long ago that consumers seeking short-term, small-dollar credit had only the options that were locally accessible, and this often limited their choices to…
The Online Lenders Alliance criticized both the report and the Woodstock Institute. “Since Illinois’ 36% APR cap was signed into law, data and research show…
The Online Lenders Alliance, a trade group that represents high-cost lenders, cautioned other states against following Colorado's lead, saying that the new law will be…
Online Lenders Alliance Executive Director Andrew Duke authored an article for the Summer 2023 edition of The Legislator Magazine entitled "Financial Technology Helps Consumers Living…
For decades, federal regulators and policy makers have grappled with how to foster credit inclusion to the financially underserved. Many programs were developed with little…
Innovation in online lending has shifted consumers away from traditional payday lenders. And while that’s a safer bet, the shift has also sparked a misguided…
For some Native American tribes, online lending has become a critical part of their economic development efforts. Unlike the federal, state and local governments, which…
It's time for companies like Google and Facebook to rethink their blanket bans on short-term lending products. OLA members are state-licensed, adhere to 18 federal…