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…
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…
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…