Regulated consumer loans are made at rates of interest greater than 10%. Non-depository lenders who engage in making, transacting, or collecting loans with a rate of interest greater than 10% must be licensed by the OCCC. The most common types of regulated loans are made under one of two rate structures described in Chapter 342 of the Texas Finance Code

Resources

 

Licensing Forms

Advisory Bulletins

Reporting

Examination Process

Contract Submission 

Approved Regulated Loan Software Vendors

 

Administrative Action Report

Regulated Lender Administrative Action Report

Statutes & Rules

These are the primary statutes and rules that apply to regulated lenders. This is not a complete list of laws that regulated lenders are required to comply with.

Primary State Statute
Chapter 342, Texas Finance Code: Consumer Loans

OCCC's Rules
Title 7, Chapter 83, Texas Administrative Code

Other State Statutes
Texas Legislature Online 

Federal Statutes & Rules
U.S. Government Publishing Office