-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…
Media Resources
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…
-Small Dollar Lending Licenses Have Dropped By Nearly 60% Since March 23, 2021- ARLINGTON, Va. (March 22, 2023)—On the second anniversary of Illinois Governor…
ARLINGTON, Va. (March 15, 2023)—This morning, the Online Lenders Alliance (OLA) released its 2023 Policy Priorities white paper, providing a guide for legislators, regulators, and…
ARLINGTON, Va. (March 8, 2023)—With March 5-11 designated National Consumer Protection Week in the United States, one of the Online Lenders Alliance (OLA)’s core missions…
OLA In the News
Posted by: Jeff Brownlee By Mary Wisniewski American Banker August 9, 2013 When Benjamin Lawsky, New York State’s Superintendent of Financial Services, sent a letter…
Posted by: Jeff Brownlee By Carter Dougherty Bloomberg August 9, 2013 The Department of Justice and the Federal Deposit Insurance Corp. are pressuring banks to…
Posted by: Jeff Brownlee By Alan Zibel and Brent Kendall The Wall Street Journal The Justice Department is targeting banks that service a broad range…
Posted by: Heather Behrmann American Banker website By Lisa McGreevy Last week the Federal Deposit Insurance Corp. confirmed what we, in the short-term lending industry,…
Posted by: Liz Jones By Jim Puzzanghera, Los Angeles Times February 22, 2012, 5:43 a.m. Reporting from Washington— Federal regulators warned of a new scam in…