The Online Lenders Alliance (“OLA”) submitted this comment letter in response to the Proposed Guidance on Deposit Advance Products. For the reasons outlined in the letter, OLA opposes the Proposed Guidance and urges that the Proposed Guidance be withdrawn.
Comment Letter to Proposed Guidance on Deposit Advance Products 5-30-2013 PDF
OLA Comment: Small Business Lending Data Collection Under the Equal Credit Opportunity Act (Regulation B) Docket No. CFPB 2021-0015