Interest rates

The following publications and rates are issued by the OCCC

Use the link below to access Current and Archived Texas Credit Letters

• Current and Archived Texas Credit Letter

Rates and Rate Summaries

The Texas Credit Letter is published each Tuesday by the Office of Consumer Credit Commissioner and reports rate ceilings for future weeks. On a quarterly basis (March, June, September, December), the rates below are calculated on the first of the month by the Consumer Credit Commissioner using the formulas found in the Texas Finance Code, and reported in the first issue of the month in the Texas Credit Letter.

• Postjudgment Interest Rate (current)
• Future Rate (published after the 15th each month)
• Historical Interest Rate Summaries

Rate Bracket Adjustments

The interest rate brackets used by the OCCC licensees are adjusted each year to reflect changes in the Consumer Price Index.  These revised ceilings and brackets are published in the Texas Credit Letter, typically in February or March, and go into effect in July.

Historical data for maximum ceilings and bracket amounts for Title 4, Subtitle B can be found in the Archived Texas Credit Letters.

• Current Rate Bracket Adjustments
• Archived Texas Credit Letters.

Market Rate Ceiling

This rate ceiling applies to open-ended retail charge agreements. This rate ceiling structure may be used as an alternative to the maximum rate/amount authorized for a time price differential under Section 345.103

• Market Competitive Rate Ceiling

Rate Charts

The rate charts can be found on the respective industry pages.