OLA filed comments to the Consumer Financial Protection Bureau regarding its Proposed Rule to establish and maintain a registry that would collect information about certain…
-Small Dollar Lending Licenses Have Dropped By Nearly 60% Since March 23, 2021- ARLINGTON, Va. (March 22, 2023)—On the second anniversary of Illinois Governor…
ARLINGTON, Va. (March 15, 2023)—This morning, the Online Lenders Alliance (OLA) released its 2023 Policy Priorities white paper, providing a guide for legislators, regulators, and…
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…
The trade group, Online Lenders Alliance, said it too hopes the Supreme Court’s decision to hear the case will result in increased accountability at the…
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…
The Online Lenders Alliance submitted Comments to the Federal Trade Commission (FTC)'s advance notice of proposed rulemaking "Request for Information Regarding Unfair or Deceptive Fees".…
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…