Introduction to Creditor Registration

Some retailers act as creditors, financing the sales of their goods and services by allowing their customers to make payments over time.

Texas law requires creditors  who originate, service, or collect on retail installment agreements to register with the Office of Consumer Credit Commissioner (OCCC) within 60 days from the time they begin financing. 

Retailers that provide financing through third-party lenders are also required to register.

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.

If you have specific legal questions, please seek the advice of an attorney.

Registration, Changes, and Renewal

Register, make changes, and renew online with ALECS

If you are paying the late filing fee of $250 for not registering before you began acting as a creditor, you will also need to pay the renewal fee for each year your business  provided financing without being registered.

Renewal Information

Renew online with ALECS 

Click on  “Manage My Business” and then "Renew Registration". Follow remaining prompts.


$15 for manufactured housing :
Creditors whose financing is governed by Chapter 347 of the Texas Finance Code.

$10 for all others
Creditors whose financing is governed by Chapter 345 of the Texas Finance Code.

Renewals will also be mailed in October.

Step by Step How to Guide- Online Renewal

Advisory Bulletins

OCCC Notice on Retail Installment Contracts (Jan. 15, 2016)
Motorcycle Dealers: Registration and Documentary Fees (July 22, 2014)
Increased Documentary Fee (Aug. 27, 2013)

Debt Cancellation Agreements

Form Submission Information and Resources

Statutes & Rules

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

Primary State Statutes
Chapter 345, Texas Finance Code: Retail Installment Sales
Chapter 347, Texas Finance Code: Manufactured Home Credit Transactions

OCCC's Rules
Title 7, Chapter 86, Texas Administrative Code

Other State Statutes
Texas Legislature Online

Federal Statutes & Rules
U.S. Government Publishing Office