ARLINGTON, Va. (January 11, 2022)—The Consumer Financial Protection Bureau (CFPB) today released a proposed rule that would create new reporting requirements for supervised, non-depository financial…
After the Fifth Circuit Court of Appeals issued a ruling on Wednesday night finding that the Consumer Financial Protection Bureau’s funding mechanism violated the U.S.…
-Still, Millions of Americans Still Lack Access to Credit Despite Recent Advancements- ARLINGTON, Va. (October 3, 2022)—A new market research report unveiled at the…
ARLINGTON, Va. (September 27, 2022)—In response to a new “research report” released by the Center for Responsible Lending (CRL), Online Lenders Alliance Executive Director Andrew…
Online Lenders Alliance (OLA) Executive Director Andrew Duke issued the following statement in response to the letter issued by the Center for Responsible Lending (CRL)…
ARLINGTON, Va. (September 1, 2022)—In response to a Better Business Bureau Report issued today entitled “Payday Loan Scams and Predatory Lending,” Online Lenders Alliance Executive…
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…
After the U.S. Senate confirmed Rohit Chopra to be the Director of the Consumer Financial Protection Bureau by a vote of 50-48, Online Lenders Alliance…
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…
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…