After the U.S. House voted to overturn the OCC’s True Lender Rule under the Congressional Review Act, Online Lenders Alliance Executive Director Andrew Duke issued…
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…
It wasn’t long ago that consumers seeking short-term, small-dollar credit had only the options that were locally accessible, and this often limited their choices to…
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…
-Demand for Credit Continues to Rise with Consumers Seeking Mainstream and Alternative Lenders Alike- ARLINGTON, Va. (September 11, 2024)—New survey data released today by the…
ARLINGTON, Va. (June 20, 2024)—After a federal judge temporarily stopped Colorado from opting out of the 1980 Depository Institutions Deregulation and Monetary Control Act (DIDMCA)…
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,…