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…
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…
U.S. Senators Dick Durbin (D-IL), Jeff Merkley (D-OR), Richard Blumenthal (D-CT), and Sheldon Whitehouse (D-RI) today introduced legislation to impose national caps on fees and…
After the U.S. House voted to overturn the OCC’s True Lender Rule under the Congressional Review Act, Online Lenders Alliance Executive Director Andrew Duke issued…
Following the Second Circuit Court of Appeals’ decision to throw out New York's Department of Financial Services’ legal challenge to the Office of the Comptroller…
At a Senate Banking Committee hearing with the nations’ 6 largest bank CEOs, U.S. Senators Sherrod Brown (D-OH) and Jack Reed (D-RI) announced their intent…
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…