-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…
Andrew RicciNovember 14, 2023
-Most Short-Term, Small-Dollar Loan Users Report They Have Struggled to Pay Bills or Access Credit Since Rate Cap Took Effect- ARLINGTON, Va. (February 23, 2022)—A…
CommunicationsFebruary 23, 2022
ARLINGTON, Va. (February 16, 2022)—After the New Mexico Legislature passed H.B. 132, legislation that would eliminate credit options for hundreds of thousands of New Mexico…
CommunicationsFebruary 16, 2022
The New Mexico House of Representatives passed HB.132 - a bill that will eliminate access to credit for hundreds of thousands of New Mexicans by implementing a 36% annual percentage rate cap on small-dollar consumer…
CommunicationsFebruary 8, 2022
The Online Lenders Alliance (OLA) represents the online lending industry and companies that provide services to online lenders. We appreciate the invitation to provide comments…
CommunicationsSeptember 20, 2021
The Online Lenders Alliance (OLA) represents the online lending industry and companies that provide services to those online lenders. We appreciate the invitation to provide…
CommunicationsSeptember 17, 2021
The Online Lenders Alliance (OLA) represents the online lending industry and companies that provide services to those online lenders. We appreciate the invitation to provide…
CommunicationsSeptember 17, 2021
OLA submits this letter as a comment to the proposal to adopt new regulations (Proposal) under the Debt Collection Licensing Act (DCLA) issued by the…
CommunicationsJune 7, 2021
OLA comments on forthcoming regulations to implement the California Consumer Financial Protection Law (CCFPL) under Division 24 of the Financial Code. Read the full comment…
CommunicationsMarch 8, 2021
