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…
OLA works in states on both a proactive and reactive basis, supporting legislation favorable to more financial options for consumers through online lending and combatting legislation that would eliminate credit access or negatively impact OLA members’ ability to serve their customers. OLA also maintains active engagement in a number of state trade groups.