OLA submits this letter as a comment to the proposal to adopt new regulations (Proposal) under the Debt Collection Licensing Act (DCLA) issued by the…
CommunicationsJune 7, 2021
Online Lenders Alliance News
Company news & random thoughts
Following the Second Circuit Court of Appeals’ decision to throw out New York's Department of Financial Services’ legal challenge to the Office of the Comptroller…
OLA StaffJune 4, 2021
At a Senate Banking Committee hearing with the nations’ 6 largest bank CEOs, U.S. Senators Sherrod Brown (D-OH) and Jack Reed (D-RI) announced their intent…
OLA StaffMay 26, 2021
After the U.S. Senate voted to overturn the OCC’s True Lender Rule under the Congressional Review Act, Online Lenders Alliance Executive Director Andrew Duke issued…
OLA StaffMay 11, 2021
Today, the Senate Banking Committee hosted a hearing titled, “The Reemergence of Rent-a-Bank?” Online Lenders Alliance (OLA) Executive Director Andrew Duke issued the following statement after the…
OLA StaffApril 28, 2021
Today, the House Financial Services Subcommittee on Consumer Protection & Financial Institutions hosted a hearing titled, “Banking Innovation or Regulatory Evasion? Exploring Trends in Financial…
OLA StaffApril 15, 2021
Following the release of The Competitive Enterprise Institute’s new report Online Lenders Alliance issued the following statement from Director of Research and Policy, Justin…
OLA StaffApril 7, 2021
Since its founding over 15 years ago, the Online Lenders Alliance (OLA) has led the charge to expand access to credit for all consumers –…
OLA StaffMarch 31, 2021
After the Consumer Financial Protection Bureau released its 2020 Consumer Response Annual Report, Online Lenders Alliance CEO Mary Jackson issued the following statement: “In a…
OLA StaffMarch 25, 2021
