ARLINGTON, Va. (January 10, 2025)—After the Consumer Financial Protection Bureau (CFPB) signaled in a recent letter its intent to develop a proposed rule to define…
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Media Resources
ARLINGTON, Va. (December 12, 2024)—After the Republican Steering Committee selected Rep. French Hill (R-Ark.) to become Chairman of the House Financial Services Committee when the…
ARLINGTON, Va. (November 15, 2024)—After the Federal Deposit Insurance Corporation (FDIC) released the findings of its latest National Survey of Unbanked and Underbanked Households, Online…
ARLINGTON, Va. (November 6, 2024)—With major media outlets declaring that Donald Trump has been elected to serve as the United States’ 47th President, Online Lenders…
ARLINGTON, Va. (September 30, 2024)—After former president and current Republican presidential nominee Donald Trump proposed a temporary 10 percent APR cap on credit card interest…
OLA In the News
A new survey — conducted by the Online Lenders Alliance, a trade group whose members offer payday loans and expensive installment loans — finds that…
For decades, federal regulators and policy makers have grappled with how to foster credit inclusion to the financially underserved. Many programs were developed with little…
Innovation in online lending has shifted consumers away from traditional payday lenders. And while that’s a safer bet, the shift has also sparked a misguided…
For some Native American tribes, online lending has become a critical part of their economic development efforts. Unlike the federal, state and local governments, which…
It’s time for companies like Google and Facebook to rethink their blanket bans on short-term lending products. OLA members are state-licensed, adhere to 18 federal…
