Credit Access Businesses

Credit Access Businesses

Credit access businesses obtain credit for a consumer from an independent third-party lender in the form of a deferred presentment transaction or a motor vehicle title loan, more commonly referred to as “payday loans” or “title loans.”

In Texas, the actual third-party lender is not licensed, rather the credit access business that serves as the broker is the licensee in this regulated industry. The credit access business charges a fee to the consumer for obtaining the third-party loan; this fee is usually calculated as a percentage of the loan amount.

The borrower will sign a promissory note with the lender for the actual loan and a separate credit service agreement with the credit access business. Generally, all documents are signed at the credit access business location and payments are made directly to the credit access business.

New Application Process Notice

All applications for a new license or registration must be submitted through the online system "ALECS" (Application, Licensing, Examination, Compliance System). Any paper application received that is postmarked September 1, 2015 or later will be returned to the applicant with instructions for re-filing.

Acquiring Licensing & Existing Licensees 

Advisory Bulletins & Disclosures


Published Reports

Examination Accommodations

Additional Resources


Administrative Action Report

CAB Administrative Action Report - Fiscal Year 2018

Statutes & Rules

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

Primary State Statute
Chapter 393,Texas Finance Code: Credit Services Organizations

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

Other State Statutes
Texas Constitution and Statutes

Federal Statutes & Rules
U.S. Government Publishing Office