Tag: Online Lenders Alliance (OLA)

Online Lenders Alliance (OLA) is focused on credit inclusion, bringing together a diverse group of innovative companies to serve hardworking Americans who deserve access to credit.

The center for lending, technology and innovation, OLA represents the growing online lending industry. OLA members abide by a list of Best Practices and Code of Conduct to ensure their customers are fully informed and fairly treated.

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Pew Charitable Trust Scraps “Consumer Finance” Project After SPPI Debunks Pew’s Findings

Albuquerque, NM — The Pew Charitable Trusts has “archived” their Consumer Finance project and reassigned Alex Horrowitz as Project Manager of their Housing Policy Initiative. Earlier this year, the Pew Charitable Trusts released a study that claimed that six of the eight largest banks now offer affordable small loans. In another study, Horowitz wrote: “Pew’s […]

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Santa Fe New Mexican: Here’s What Rate Caps Really Do To Consumers

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Originally published at Santa Fe New Mexican on June 11, 2022. Earlier this year, as New Mexico debated legislation limiting to 36 percent the annual percentage rate for consumer loans in the state, the primary witness testified in support of the bill before the Consumer and Public Affairs Committee. Claims were made that do not hold […]