Logo Logo

  • Home
  • About
    • About OLA
    • Best Practices
    • Products and Services
    • Policing Efforts
    • Board of Directors
  • COVID-19 Resources
    • Updates
    • Solutions
  • Research
  • Consumer Resources
    • OLA Seal & Hotline
    • Consumer Tips
    • Financial Health
    • Reviews
  • Best Practices
    • OLA Best Practices
    • Industry Laws
  • Policy
    • Federal Affairs
    • Regulatory Affairs
    • State Affairs
    • Summary of State Laws
  • Membership
    • How To Join OLA
  • Events
    • Executive Policy Summit
    • Compliance University
    • Tribal Lending Conference
    • How to Take Your Business Online
  • Media
    • Press Releases
    • Op-Eds
    • OLA in the News
    • Media Resources
  • Advocacy
    • My Government
    • News
    • Voting
    • Call to Action
    • OLA PAC

  • OLA Sends Letter in Opposition to IL Rate Cap Legislation

    Posted on January 26, 2021

    Today, the Online Lenders Alliance sent a letter to Illinois Governor J.B. Pritzker to express concerns with Senate Bill 1792 and urge a veto on the bill. This bill creates the Predatory Loan Prevention Act and would establish a 36 percent rate cap and a Predominant Economic Interest (PEI) test. SB 1792 was passed in […]

    Continue reading
  • OLA Opposes California AB 784 Limiting Consumer Credit Options

    Posted on May 17, 2017

    The Online Lenders Alliance sent a letter to Members of the California Assembly Apparitions Committee expressing strong opposition to AB 784. This legislation seeks to impose an interest rate cap for consumer loans between $300 and $5,000, greatly limiting an important source of funds for millions of underbanked consumers in California. If enacted, AB 784 […]

    Continue reading
  • OLA Submits Testimony To California Hearing On “The State Of Consumer Lending”

    Posted on February 18, 2016

    California Senate Assembly Banking and Finance Committee “The State of Consumer Lending in California” Statement of Lisa McGreevy President & CEO Online Lenders Alliance The Online Lenders Alliance (OLA) represents the growing industry of companies offering online consumer loans and related products and services. OLA members include online lenders and vendors and service providers to […]

    Continue reading
  • OLA Submits Comment Letter To CFPB Regarding Small Dollar Lending Rule

    Posted on August 10, 2015

    In March 2015, the Consumer Financial Protection Bureau announced its intention to make rules regulating the market for payday, vehicle title and similar loans. OLA submitted a letter for the record. You can view it by clicking here.

    Continue reading
  • Mississippi Short-term Lending Rule

    Posted on November 5, 2012

    Final rule issued by the Mississippi Banking and Consumer Finance Department (November 2012). The rule updates and clarifies the changes to the payday statute that was amended in 2011. MS Final Payday Rule-_Nov2012 PDF

    Continue reading
  • Proposed Rule on Short-term Lending in Wisconsin

    Posted on September 17, 2012

    Statement of Scope

    Continue reading
  • Scope of Proposed Rule on Short-term Lending in WI

    Posted on September 17, 2012

    Proposed Order of the WI Dept of Financial Institutions

    Continue reading
  • Nevada Revised Proposed Regulation

    Posted on March 4, 2012

    Read official documentation here: 4-2010-04-07_LCB_R_130-08RP1_NAC_604A PDF

    Continue reading
Facebooktwitterlinkedin



Online Lenders Alliance, 1235 South Clark Street, Suite 605, Arlington, VA 22202
© 2020 Online Lenders Alliance. All Rights Reserved. Privacy Policy.

Contact Us

Fields marked with an * are required
OLA Seal

Protect Yourself From Fraud

Fields marked with an * are required