-Illinois Consumers’ Experiences After Rate Cap Clearly Demonstrate Rate Caps’ Negative Impacts- ARLINGTON, Va. (September 7, 2023)—After Senator Dick Durbin (D-Ill.) introduced his latest…
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Media Resources
-Southwest Public Policy Institute Investigation Plainly Refutes False Claims that Credit Unions’ Small Dollar Loan Products Will Meet the Needs of Most Consumers- ARLINGTON,…
ARLINGTON, Va. (June 1, 2023)—After the Federal Reserve issued its new Economic Well-Being of U.S. Households in 2022 report last week, based on results from…
-Nearly Three out of Every Ten Consumers who Recently Used a Small Dollar Online Installment Lending Product were Customers of the Six Banks Touted as…
ARLINGTON, Va. (April 17, 2023)—In response to the latest article from the Pew Charitable Trusts’ Consumer Finance Team (“Credit Union Small-Dollar Loan Volume Hit New…
OLA In the News
Posted by: Jeff Brownlee Carter Dougherty September 25, 2013 Bloomberg The Federal Deposit Insurance Corporation will clarify how banks should do business under U.S. rules…
Posted by: Jeff Brownlee Joe Adler and Kevin Wack American Banker September 20, 2013</> Intense government scrutiny of online lenders has set off a vigorous…
Posted by: Jeff Brownlee By Alan Zibel The Wall Street Journal August 22, 2013 The head of a federal consumer regulator conceded his agency has…
From Bloomberg Two American Indian tribes sued New York state’s financial regulatory agency and its head over his crackdown on Internet lending businesses, some of…
The group that runs the Automatic Clearing House (ACH) system is asked to clarify its letter to banks and processors The Online Lenders Alliance (OLA)…
