ARLINGTON, Va. (May 16, 2024)—After the U.S. Supreme Court reversed a lower court’s ruling that the Consumer Financial Protection Bureau’s (CFPB) funding violated the Constitution,…
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Media Resources
-Total Licenses Dropped From 1426 in 2021 to Only 512 Today, Leaving Cash-Strapped Consumers With Fewer Options Than Before Rate Cap’s Implementation- ARLINGTON, Va. (March…
-Consumers Seeking Online Loans Should Look for the OLA Seal and Use OLA’s Consumer Hotline To Report Fraud or Get Answers to Any Questions- ARLINGTON,…
ARLINGTON, Va. (January 16, 2024)—Responding to the latest Woodstock Institute report on the impact of Illinois’ 36 percent rate cap on consumers in the state,…
ARLINGTON, Va. (January 4, 2024)—Data from the New Mexico Regulation and Licensing Department (NMRLD) collected and analyzed by the Online Lenders Alliance shows that within…
OLA In the News
A 36% rate cap is unfeasible in the short-term, small-dollar lending market. OLA CEO shares her thoughts on Forbes Finance Council. “Forcing price controls on…
The CFPB should focus on reworking the small dollar rule. OLA CEO shares her thoughts on Morning Consult. “It is welcome news to see the…
OLA was featured in an American Banker article, providing comments on the Bureau of Consumer Protections Small Dollar Rule. American Banker: CFPB’s payday rollback plans…
There is a cost of providing credit. OLA CEO, shares her thoughts in an op-ed in Morning Consult. “Without more research and analysis on the…
OLA was featured in a Reuters article, providing comments on the recent OCC bank charter. Reuters: ‘Fintechs’ sound cautious note on offer of U.S. bank…
