HUTCHINSON, KS – National Credit Adjusters, LLC, an accounts receivable management and purchasing firm headquartered in Hutchinson, KS, is pleased to announce its membership with the Online Lenders Alliance (OLA).
Online Lenders Alliance
The Online Lenders Alliance (OLA) represents the growing industry of companies offering loans online and is composed of various lenders, software providers, lead generators, credit bureaus, and more connecting the entire landscape of the online lending industry. The mission of the organization is to promote a diverse and responsible marketplace for access to innovative online financial services through education, communication, collaboration and advocacy with policymakers and opinion leaders. Beyond its role in serving and leading members, OLA informs borrowers about online lending and provides resources including a consumer hotline, a portal to report fraud and consumer tips.
OLA members abide by a list of Best Practices and a Code of Conduct to ensure their customers are fully informed and fairly treated. OLA’s Code of Conduct is to treat people fairly and with respect, and its board monitors members for compliance with extensive Best Practices. The overarching guiding principles apparent throughout the best practices are fairness and transparency for consumers, good standing with all regulatory bodies relevant to member companies, consumer privacy and data protection, and appropriate third-party service provider management to ensure consistent consumer protection and high standards.
As a member, NCA will have an additional pulse on fintech regulation and have access to educational, networking, and advocacy opportunities common to many trade associations and specifically designed for the online lending community. In light of continually expanding expertise and experience in the acquisition and management of online lending portfolios, NCA is proud to take another step toward progressing its mission to bring integrity, professionalism, and the highest standards of compliance to debt servicing, driving bottom-line results for creditor clients including online lenders in the fintech marketplace.
About National Credit Adjusters, LLC
Founded in 2002, National Credit Adjusters specializes in purchasing and servicing distressed, non-performing, and delinquent accounts receivables. NCA’s primary area of acquisition is consumer installment and online lending. NCA also has extensive experience in credit card, lease-to-own, consumer loans, fintech finance, short-term loans, and retail lines of credit. NCA is an RMAI Certified Receivables Business and has offices in Kansas, Arizona, and Jamaica.