Online Lenders Alliance News

ARLINGTON, Va. (March 8, 2023)—With March 5-11 designated National Consumer Protection Week in the United States, one of the Online Lenders Alliance (OLA)’s core missions…

ARLINGTON, Va. (February 27, 2023)—Following the Supreme Court’s decision to hear an appeal to the Fifth Circuit Court of Appeals’ October 19 ruling that the…

ARLINGTON, Va. (January 25, 2023)—After Colorado Attorney General Phil Weiser released a study of consumer lending undertaken by the Financial Health Network as directed by…

ARLINGTON, Va. (January 12, 2022)—According to a recent study released by three leading economists, Illinois’ strict interest rate cap on personal loans has “significantly decreased…

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…

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…