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

Consumers

How to report fraud, file a complaint and consumer tips

View Consumers

Policy

Federal, state and regulatory policy resources

View Policy

Media

Latest news and updates from the Online Lenders Alliance

View Media

Members

Online Lenders Alliance membership

View Membership

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.

Learn More

News

March 21, 2024 in Home Page News, Media Resources, OLA in the News, Press Release, State Affairs, State Affairs, State Policy

Three Years Into Illinois Rate Cap, Lender Licenses Are Down 64 Percent, Highlighting How Rate Cap Has Significantly Diminished Consumers’ Access to Credit

-Total Licenses Dropped From 1426 in 2021 to Only 512 Today, Leaving Cash-Strapped Consumers With Fewer Options Than Before Rate Cap’s Implementation- ARLINGTON, Va. (March…
Read More
March 6, 2024 in Consumer Alerts, Home Page News, Media Resources, OLA in the News, Press Release

Online Lenders Alliance Marks National Consumer Protection Week By Highlighting Year-Round Efforts to Combat Scams and Fraud in Online Lending

-Consumers Seeking Online Loans Should Look for the OLA Seal and Use OLA’s Consumer Hotline To Report Fraud or Get Answers to Any Questions-  ARLINGTON,…
Read More
January 17, 2024 in Home Page News, Media Resources, OLA in the News, Press Release, State Affairs, State Affairs, State Policy

Latest Woodstock Institute “Study” Seeks to Hide the Harsh Reality of the Illinois Rate Cap’s Impact on Consumers: Less Access to Credit for Those Who Need it Most

ARLINGTON, Va. (January 16, 2024)—Responding to the latest Woodstock Institute report on the impact of Illinois’ 36 percent rate cap on consumers in the state,…
Read More
January 4, 2024 in Home Page News, Media Resources, OLA in the News, Press Release, State Affairs, State Affairs

New Data Shows One Year After New Mexico Implemented Its Rate Cap, Credit Options Are Sharply Lower

ARLINGTON, Va. (January 4, 2024)—Data from the New Mexico Regulation and Licensing Department (NMRLD) collected and analyzed by the Online Lenders Alliance shows that within…
Read More
Read More News

Interested in Becoming a Member?