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 Department of Financial Protection and Innovation (Department) on April 8, 2021. We appreciate the opportunity to comment and provide preliminary feedback.
Read the full comment here.
OLA California Comments on Department of Financial Protection and Innovation’s (DFPI) proposal to amend the Pilot Program for Increased Access to Responsible Small Dollar Loans (PRO 04-21).