Online Lenders Alliance OLA Convention Followup – Denver

By | Oct 13, 2011

I just returned home from the payday loan Internet convention put on by OLA in Denver. My initial reaction? OPTIMISTIC! POSITIVE!! OUR FUTURE IS SECURE!!! I’ve been riding this payday loan roller coaster since 1997. From a legislative and regulatory perspective, it’s been challenging to say the least. Our industry, the business of loaning money, […]

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Tales from the Payday Loan Trenches

By | Feb 25, 2011

Bob’s two stores are netting $50,000 a month before taxes. He’s got a default rate of less than 3%. (Bob’s a little maniacal. He visits his late payers at their home! 3 years on the job are required to qualify for a loan from him.)

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OLA-Online Lenders Alliance Internet Payday Loan Lenders Association

By | Jan 25, 2010

As the Online Lenders Association OLA web site states, “All member companies have agreed to a List of Best Practices and Code of Conduct developed by OLA to ensure that consumers are fully informed and fairly treated and are using all lending products and practices responsibly.”

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