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
Acquiring Licensing & Existing Licensees
Advisory Bulletins & Disclosures
Reporting
Examination Process
Contract Submission
Reviewed Regulated Loan Software Vendors
Accepted Regulated Loan Non-Standard Contracts
Administrative Action Report
Regulated Lender Administrative Action Report - Fiscal Year 2018
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
Title 7, Chapter 90, Texas Administrative Code (plain language contract provisions)
Other State Statutes
Texas Constitution and Statutes
Federal Statutes & Rules
U.S. Government Publishing Office