ARLINGTON, Va. (February 6, 2024)—After Senators Josh Hawley (R-Mo.) and Bernie Sanders (I-Vt.) introduced legislation to cap annual interest rates on credit cards at 10…
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Media Resources
ARLINGTON, Va. (February 5, 2025)—The Online Lenders Alliance (OLA) today released its latest batch of survey data, covering the entirety of 2024, which revealed that…
ARLINGTON, Va. (February 3, 2025)—Following President Donald Trump’s announcement designating Treasury Secretary Scott Bessent as Acting Director of the Consumer Financial Protection Bureau, Online Lenders…
ARLINGTON, Va. (January 30, 2025)—This morning, the Online Lenders Alliance (OLA) released its 2025 Policy Priorities white paper, providing a guide for legislators, regulators, and…
-Move Comes After OLA Successfully Pushed FCC to Extend Original Compliance Deadline by Six Months- ARLINGTON, Va. (January 24, 2025)—Earlier today, in response to a…
OLA In the News
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…
The Online Lenders Alliance, a trade group that represents high-cost lenders, cautioned other states against following Colorado’s lead, saying that the new law will be…
Online Lenders Alliance Executive Director Andrew Duke authored an article for the Summer 2023 edition of The Legislator Magazine entitled “Financial Technology Helps Consumers Living…
A new survey — conducted by the Online Lenders Alliance, a trade group whose members offer payday loans and expensive installment loans — finds that…
