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The Online Lenders Alliance
Founded in 2005, the Online Lenders Alliance (OLA) is the first trade association in FinTech. The growing online lending industry is providing consumers with more options, and OLA represents a diverse group of innovative companies dedicated to serving the millions of Americans who seek access to credit to meet their financial needs. OLA members are not only required to be compliant with all applicable laws and regulations, they also abide by an extensive set of Best Practices to ensure that customers are fully informed and fairly treated.
Resources
Convenient Loans
for Hard-Working Americans
When Americans need secure and convenient loans, Online Lenders Alliance members take pride in helping out those who need it.
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News
Online Lenders Alliance Statement on House Financial Services Committee Passage of FIRM Act
ARLINGTON, Va. (May 21, 2025)—Following the House Financial Services Committee’s passage of the Financial Integrity and Regulation Management (FIRM) Act earlier today, Online Lenders Alliance…
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Online Lenders Alliance Statement on CFPB’s Proposed Rule Rescinding Nonbank Registry
ARLINGTON, Va. (May 13, 2025)—After the Consumer Financial Protection Bureau issued a proposed rule rescinding its registry of nonbank entities that have ever been involved…
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Online Lenders Alliance Statement on CFPB’s Announcement Regarding the 2017 Small Dollar Rule
ARLINGTON, Va. (March 28, 2025)—After the Consumer Financial Protection Bureau announced that it would not prioritize enforcement or supervision actions related to the 2017 Small…
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Only 43 Percent of Installment Loan Licenses Remain in Illinois After Statewide Rate Cap Took Effect, As Numbers Continue to Drop Year-over-Year
-Number of Installment Lender Licenses Experienced Another Sharp Decline, Falling 13.4 Percent in the Past Year- ARLINGTON, Va. (March 27, 2025)—Four years after Illinois implemented…
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