The head of the Online Lenders Alliance, a fintech trade group, welcomed the decision in a Tuesday statement to Law360, calling the registry “unnecessary and…
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OLA in the News
Trade groups praised the elimination of the registry by claiming it was duplicative of the CFPB’s consumer complaint portal and of the Nationwide Multistate Licensing…
A trade group for companies offering loans online is asking the Office of the Comptroller of the Currency to require public reporting of customer account…
But several financial services trade groups disagreed, urging the CFPB not to simply repeal the rules without replacing them. In a joint comment letter last…
