ARLINGTON, Va. (January 11, 2022)—The Consumer Financial Protection Bureau (CFPB) today released a proposed rule that would create new reporting requirements for supervised, non-depository financial…
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Media Resources
Small Loan Companies Already Leaving the State In advance of New Mexico’s 36 percent rate cap on small dollar loans taking effect on January 1,…
After the Fifth Circuit Court of Appeals issued a ruling on Wednesday night finding that the Consumer Financial Protection Bureau’s funding mechanism violated the U.S….
ARLINGTON, Va. (October 7, 2022)— One of the Online Lenders Alliance’s core missions is to protect consumers by ensuring that the companies they choose for…
ARLINGTON, Va. (October 4, 2022)—Responding to an attack on a previous survey of small dollar loan borrowers and a recent poll commissioned by the Woodstock…
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…
