OLA curated several state factsheets (AZ, CA, HI, IA, IL, NE, NM, NV, TX, WI) that provide data around consumers and financial services during COVID-19….
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COVID-19: Updates
The Online Lenders Alliance understands that this is a time of extreme uncertainty. As it is our mission to protect consumers and ensure safe access to credit, we are consistently urging our members to be sympathetic to consumers current situations and alter their business operations to suit their needs during these trying times. We are constantly monitoring the economy and providing weekly snapshots to our members, as well as monitoring any legislation coming out of DC.
The Internal Revenue Service Communications and Liaison Division is working with OLA to share some important messaging about the stimulus payments. The main message they…
March 27, 2020 Today, President Trump signed the CARES Act, providing relief to the American economy. This is the third aid package from Congress meant…
March 23, 2020 Over the weekend, U.S. Senators Chris Van Hollen (D-Md.) and Sherrod Brown (D-Ohio) released legislation capping consumer lending rates at 36% during…
