By: Barry Ridges, Bankrate Consumers lost a total of $1.48 billion collectively to fraudulent practices in 2018 according to the Federal Trade Commission. Debt consolidation,…
Following the news that the Office of the Comptroller of the Currency released their NNPR on “Valid When Made” doctrine OLA issued the following statement:…
WASHINGTON, DC (November 12, 2019) — Following the news that Rep. Jesus “Chuy” Garcia (D-IL) and Rep. Glen Grothman (R-WI) introduced legislation that would eliminate…
Today, the Online Lenders Alliance (OLA) released its latest white paper, which highlights how innovation in the financial technology space is playing a role in…
Following the recent news of Google banning certain consumer loan services from its app store the Online Lenders Alliance issued the following statement: “By banning…
Following the signing into law yesterday of AB539, legislation that limits the interest rates on installment loans in the state of California, the Online Lenders…
Following the passage of AB 539 by the California General Assembly on Friday night, the Online Lenders Alliance issued the following statement: "Today, the California…
The Senate Banking Committee’s approval of AB539 has made this a sad day for California borrowers. Many members of the committee acknowledged that rate caps…