ARLINGTON, Va. (November 15, 2024)—After the Federal Deposit Insurance Corporation (FDIC) released the findings of its latest National Survey of Unbanked and Underbanked Households, Online…
OLA CommsNovember 15, 2024
-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…
OLA CommsMarch 21, 2024
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…
OLA CommsJanuary 4, 2024
-Rate Cap is Failing the Financial Wellbeing of New Mexico Consumers Since Taking Effect January 1, 2023- ARLINGTON, Va. (November 14, 2023)—In the wake of…
OLA CommsNovember 14, 2023
-Nearly Three out of Every Ten Consumers who Recently Used a Small Dollar Online Installment Lending Product were Customers of the Six Banks Touted as…
OLA StaffMay 17, 2023
-Small Dollar Lending Licenses Have Dropped By Nearly 60% Since March 23, 2021- ARLINGTON, Va. (March 22, 2023)—On the second anniversary of Illinois Governor…
OLA StaffMarch 22, 2023
ARLINGTON, Va. (January 12, 2022)—According to a recent study released by three leading economists, Illinois’ strict interest rate cap on personal loans has “significantly decreased…
OLA StaffJanuary 12, 2023
-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…
OLA StaffOctober 3, 2022
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…
OLA StaffSeptember 27, 2022
