Online Lenders Alliance News
Company news & random thoughts
-Total Licenses Dropped From 1426 in 2021 to Only 512 Today, Leaving Cash-Strapped Consumers With Fewer Options Than Before Rate Cap’s Implementation- ARLINGTON, Va. (March…
OLA CommsMarch 21, 2024
-Consumers Seeking Online Loans Should Look for the OLA Seal and Use OLA’s Consumer Hotline To Report Fraud or Get Answers to Any Questions- ARLINGTON,…
OLA CommsMarch 6, 2024
The Online Lenders Alliance criticized both the report and the Woodstock Institute. “Since Illinois’ 36% APR cap was signed into law, data and research show…
OLA CommsJanuary 23, 2024
ARLINGTON, Va. (January 16, 2024)—Responding to the latest Woodstock Institute report on the impact of Illinois’ 36 percent rate cap on consumers in the state,…
OLA CommsJanuary 17, 2024
ARLINGTON, Va. (January 4, 2024)—Data from the New Mexico Regulation and Licensing Department (NMRLD) collected and analyzed by the Online Lenders Alliance shows that within…
OLA CommsJanuary 4, 2024
The Online Lenders Alliance submitted comments to the Consumer Financial Protection Bureau's Notice of Proposed Rulemaking on Personal Financial Data Rights.
OLA CommsDecember 29, 2023
ARLINGTON, Va. (December 15, 2023)—After Sen. Jack Reed (D-R.I.) reintroduced his perennial legislation to force the Military Lending Act’s credit-eliminating restrictions on millions of Americans,…
OLA CommsDecember 15, 2023
ARLINGTON, Va. (December 13, 2023)—After the Federal Communications Commission (FCC) announced its decision to adopt a new proposal that will restrict consumer choice, Online Lenders…
OLA CommsDecember 13, 2023
