Andrew Duke, CEO of the Online Lenders Alliance and a former policy associate director at the CFPB, said the rule is outdated. “We applaud the…
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OLA in the News
Andrew Duke, CEO of the Online Lenders Alliance and a former policy associate director at the CFPB, said the payday rule holds small dollar lenders…
It wasn’t long ago that consumers seeking short-term, small-dollar credit had only the options that were locally accessible, and this often limited their choices to…
The Online Lenders Alliance criticized both the report and the Woodstock Institute. “Since Illinois’ 36% APR cap was signed into law, data and research show…
