Legislative

As the voice of the online consumer loan industry, one of OLA’s primary objectives is to track and affect change on legislative issues related to the online consumer loan industry at both the Federal and State levels of government.

The Online Lenders Alliance support consumer friendly legislation that protects the consumer’s right to short-term credit solutions and access to cash. Our members also support legislation that protects the customer’s right to full financial disclosure that makes practical sense.

Click Here for legislative proposals.

Regulatory

The Online Lenders Alliance works with various Federal and State regulatory agencies such as the FDIC and FTC, to provide input on how lending institutions are regulated and interact with consumers.

OLA also helps its members stay informed of changes in regulations at the Federal and State levels to ensure compliance with regulatory guidelines, in addition to working with States’ Attorney General on enforcement issues pertaining to the industry.