ARLINGTON, Va. (September 30, 2024)—After former president and current Republican presidential nominee Donald Trump proposed a temporary 10 percent APR cap on credit card interest…
-Demand for Credit Continues to Rise with Consumers Seeking Mainstream and Alternative Lenders Alike- ARLINGTON, Va. (September 11, 2024)—New survey data released today by the…
ARLINGTON, Va. (June 20, 2024)—After a federal judge temporarily stopped Colorado from opting out of the 1980 Depository Institutions Deregulation and Monetary Control Act (DIDMCA)…
ARLINGTON, Va. (May 16, 2024)—After the U.S. Supreme Court reversed a lower court’s ruling that the Consumer Financial Protection Bureau’s (CFPB) funding violated the Constitution,…
-Total Licenses Dropped From 1426 in 2021 to Only 512 Today, Leaving Cash-Strapped Consumers With Fewer Options Than Before Rate Cap’s Implementation- ARLINGTON, Va. (March…
-Consumers Seeking Online Loans Should Look for the OLA Seal and Use OLA’s Consumer Hotline To Report Fraud or Get Answers to Any Questions- ARLINGTON,…
ARLINGTON, Va. (January 16, 2024)—Responding to the latest Woodstock Institute report on the impact of Illinois’ 36 percent rate cap on consumers in the state,…
ARLINGTON, Va. (January 4, 2024)—Data from the New Mexico Regulation and Licensing Department (NMRLD) collected and analyzed by the Online Lenders Alliance shows that within…
ARLINGTON, Va. (December 15, 2023)—After Sen. Jack Reed (D-R.I.) reintroduced his perennial legislation to force the Military Lending Act’s credit-eliminating restrictions on millions of Americans,…
ARLINGTON, Va. (December 13, 2023)—After the Federal Communications Commission (FCC) announced its decision to adopt a new proposal that will restrict consumer choice, Online Lenders…