News - Online Lenders Alliance

Federal Policy Press Press Release

OLA Responds to Democratic Senators Plans to Reverse “True Lender”

Following reports that U.S. Democratic Senators will introduce a resolution to undo the OCC’s true lender rule, Online Lenders Alliance CEO Mary Jackson provided the…

OLA StaffMarch 25, 2021

Press Release State Policy Press

Statement from Online Lenders Alliance CEO Mary Jackson on Passage of Illinois Rate Cap Legislation

After Illinois Governor J.B. Pritzker signed SB 1792 into law, thereby limiting interest rates on various forms of credit in the state of Illinois, the…

OLA StaffMarch 23, 2021

Comment Letters - State

OLA Comments on California Consumer Financial Protection Law (CCFPL) under Division 24 of the Financial Code

OLA comments on forthcoming regulations to implement the California Consumer Financial Protection Law (CCFPL) under Division 24 of the Financial Code. Read the full comment…

CommunicationsMarch 8, 2021

Uncategorized

A Guide to Combating Racism

Although media coverage has decreased over the last few months that does not mean the problems are solved. Now more than ever it is important…

OLA StaffFebruary 16, 2021

Press Release

Statement from Online Lenders Alliance CEO Mary Jackson on Walmart’s Fintech Startup

“The Online Lenders Alliance has long held the position that increased competition in the financial services marketplace benefits consumers by spurring innovation, increasing access, and…

OLA StaffJanuary 26, 2021

Press Release State Policy Press

OLA Sends Letter in Opposition to IL Rate Cap Legislation

Today, the Online Lenders Alliance sent a letter to Illinois Governor J.B. Pritzker to express concerns with Senate Bill 1792 and urge a veto on…

OLA StaffJanuary 26, 2021

Federal Policy Press Press Release

Statement from Online Lenders Alliance CEO Mary Jackson on OCC’s “Fair Access” Rule

After the OCC finalized a rule requiring large banks to provide fair access to bank services, capital, and credit, Online Lenders Alliance CEO Mary Jackson…

OLA StaffJanuary 15, 2021

Comment Letters

OLA Comment: Office of the Comptroller of the Currency Notice of Proposed Rulemaking to ensure that national banks and Federal savings associations offer and provide fair access to financial services. Docket ID OCC-2020-0042

OCC rule on Fair Access to Banking Services The OCC announced a final rule to ensure that all legitimate businesses have fair access to banking…

CommunicationsJanuary 4, 2021

Comment Letters

OLA Comment: Request for Information on the Equal Credit Opportunity Act and Regulation B Docket No. CFPB-2020-0026

OLA Comments in response to CFPB Request For Information (RFI) regarding preventing credit discrimination and building a more inclusive financial system. OLA filed comments with…

CommunicationsDecember 1, 2020

Online Lenders Alliance News