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Press Releases
Wednesday, March 26, 2014
OLA Statement : The U.S. Senate Banking Subcommittee Hearing on Alternative Financial Produc »
March 26, 2013 (Washington, D.C.) -- The Online Lenders Alliance (OLA) today issued the following statement regarding the...
Wednesday, October 30, 2013   (0 Comments - view/add)
OLA Responds to Pew Charitable Trusts’ Report on Payday Lending »
OLA Responds to Pew Charitable Trusts’ Report on Payday Lending  October 30, 2013 (Washington, D.C.) – Lisa McGreev...
Thursday, October 24, 2013   (0 Comments - view/add)
OLA Applauds FTC’s Action Against Phony Debt Collection Companies »
OLA Applauds FTC’s Action Against Phony Debt Collection Companies October 24, 2013 (Washington, D.C.) – Lisa McGreevy,...
Friday, October 11, 2013   (0 Comments - view/add)
OLA Applauds FDIC’s Confirmation that Banks Can Process Payments for Online Lenders »
OLA Applauds FDIC’s Confirmation that Banks Can Process Payments for Online Lenders           &...
Wednesday, September 04, 2013   (0 Comments - view/add)
Online Lenders Alliance Commends FTC’s Action Against Industry Bad Actors »
Online Lenders Alliance Commends FTC’s Action Against Industry Bad Actors             &nbs...
Tuesday, September 03, 2013   (0 Comments - view/add)
OLA to NACHA: Online Lenders and Loans are Legal »
OLA to NACHA:  Online Lenders and Loans are Legal The group that runs the Automatic Clearing House (ACH) system i...
Wednesday, August 21, 2013   (0 Comments - view/add)
OLA Supports NAFSA and Native American Tribal Lawsuit Against New York State »
The Online Lenders Alliance (OLA) issued the following statement supporting the complaint filed today by Native American T...
Tuesday, August 13, 2013   (0 Comments - view/add)
OLA Fights Government Effort to Pressure Banks and Processors into Denying Online, Short-Term Credit »
OLA Fighting Government Efforts to Pressure Banks and Processors into Denying Consumers Online, Short-Term Credit August...
Tuesday, August 06, 2013   (0 Comments - view/add)
OLA Responds to New York State Department of Finance Cease and Desist Letter’s to Online Lenders »
Online Lenders Alliance Responds to New York State Department of Finance Cease and Desist Letter’s to Online Lenders A...
Thursday, August 01, 2013   (0 Comments - view/add)
OLA Applauds FTC Ruling Against Payday Loan Bad Actors »
Online Lenders Alliance Applauds FTC Ruling Against Payday Loan Bad Actors August 1, 2013 (Washington, D.C.) -- Lisa M...
Thursday, July 25, 2013   (0 Comments - view/add)
Statement from Lisa McGreevy in Response to the US Senate Special Committee on Aging Hearing »
Statement from Lisa McGreevy in Response to the United States Senate Special Committee on Aging Hearing  July 24, 2...
Wednesday, July 17, 2013   (0 Comments - view/add)
Statement from Lisa McGreevy on Richard Cordray’s Confirmation as the Director of the CFPB »
July 16, 2013 (Washington, D.C.) -- The Online Lenders Alliance (OLA) today issued the following statement after the U.S....
Thursday, April 25, 2013   (0 Comments - view/add)
OLA's Lisa McGreevy Responds to CFPB Payday White Paper »
CFPB has released a White Paper on "Payday Loans and Deposit Advance Products."  The paper does not address online le...
Wednesday, February 20, 2013
OLA Response to Pew Charitable Trusts Report on Payday Lending »
"The Pew study findings are consistent with what recent studies by the American Bankers Association and the FDIC have al...
Thursday, December 13, 2012   (0 Comments - view/add)
Banks and Nonbanks Must Meet Needs of Underbanked and Unbanked Populations »
  Online Lenders Alliance member companies continue to respond to growing demand   December 13,...
Monday, October 15, 2012
OLA Recognizes MicroBilt as 2012 Innovator of the Year »
Adaptive Payments and ConnectMedia Ventures named runners up   The Online lenders Alliance (OLA) is pleased t...
Wednesday, September 12, 2012
OLA Unveils Improved Marketing Best Practices »
Updated best practices provide clearer boundaries for members and greater transparency for consumers As part of an ongoi...
Monday, August 06, 2012   (0 Comments - view/add)
OLA Statement On Merkley Bill »
"OLA believes consumers should have access to more credit options when they need it and in the safest, most convenient w...
Thursday, July 19, 2012   (0 Comments - view/add)
OLA Supports HR 6139 "Consumer Credit Access, Innovation and Modernization Act" »
A federal charter will allow nonbanks to provide more credit options to meet consumer demand   July 19, 2...
Wednesday, June 27, 2012   (0 Comments - view/add)
OLA Launches Anti-Fraud Consumer Awareness Campaign »
Washington, D.C. June 27, 2012 - The Online Lenders Alliance (OLA) launched Wednesday an anti-fraud awareness campaign d...
Wednesday, April 11, 2012
OLA Praises FTC Successful Halt to Fraudulent Debt Collector »
Washington, D.C., April 11, 2012 – "The Online Lenders Alliance (OLA) is pleased to see that actions taken today by t...
Tuesday, February 21, 2012
OLA Praises FTC’s Actions Against Fraudulent Debt Collector »
Washington, D.C., February 21, 2012 – The Online Lenders Alliance (OLA) today praised the Federal Trade Commission’s (FTC)...

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