Chapter 342.E Loans: Secured Consumer Installment Loans
The following computer software products have been reviewed for use by licensed lenders making loans in the State of Texas under the provisions of Chapter 342, Subchapter E (formerly Art 3.15 and Art. 3A, Subchapter E) of the Texas Finance Code.
| Company | Address | Version Number | Notes |
|---|---|---|---|
| ALLIED BUSINESS SYSTEMS, LLC | 4848 Mercer University Drive, Macon, Georgia 31210 | 7.0.15.5 | Reviewed for Sections 342.201(e) and 342.201(e-1)(2) rate loans Scheduled Installment Earnings Method |
| CONSUMER FINANCE SYSTEMS, INC. | 3301 W Airport Freeway, Suite 10, Bedford, TX 76021 | Not Provided | Reviewed for Section 342.201(e) rate loans Scheduled Installment Earnings Method |
| CREDEX SYSTEMS, INC. | 1109 E Park Drive, Ste 100B, Birmingham, AL 35235 | 1.14.21 | Reviewed for Section 342.201 (d) and (e) rate loans Scheduled Installment Earnings Method |
| FINANCE & INSURANCE SYSTEMS INC | 1201 w. Van Buren, Harlingen, TX 78550 | 2.1 | Reviewed for Section 342.201(e) rate loans Scheduled Installment Earnings Method |
| FINANCIAL SOFTWARE SYSTEMS | 1605 Tower Drive, Moore, OK 73160 | Not Provided | Reviewed for Section 342.201(d) and (e) rate loans Scheduled Installment Earnings Method |
| GOLDPoint SYSTEMS | 1525 W 820 N, Provo, UT 84601 | Not Provided | Reviewed for Section 342.201(e) rate loans, Scheduled Installment Earnings Method, and Section 342.201(e-1)(2) rate loans, Scheduled Installment Earnings Method, True Daily Earnings Method |
| LOANTEC FINANCIAL SOFTWARE | 107 S. River St., Seguin, TX 78155 | Not Provided | Reviewed for Section 342.201 (e) True Daily Earnings Method |
| MeridianLink DecisionLender | 3560 Hyland Ave., Suite #200, Costa Mesa, CA 92626 | Not Provided | Reviewed for Section 342.201(e-1)(2) rate loans Scheduled Installment Earnings Method |
| NORTRIDGE SOFTWARE COMPANY | 27422 Portola Parkway, Suite #360, Foothill Ranch, CA 92610 | Not Provided | Reviewed for Section 342.201(e-1)(2) rate loans Scheduled Installment Earnings Method – Servicing System Only |
Chapter 342.F Loans: Unsecured or Payday Loans
The following computer software products have been reviewed for use by licensed lenders making loans in the State of Texas under the provisions of Chapter 342, Subchapter F (formerly Art 3.16 and Art. 3A, Subchapter F) of the Texas Finance Code. Except as otherwise noted below, none of the computer systems are approved for deferred presentation transactions under 7 Texas Administrative Code §83.604.
| Company | Address | Version | Notes |
|---|---|---|---|
| ALLIED BUSINESS SYSTEMS, LLC. | 4848 Mercer University Drive, Macon, GA 31210 | Not Provided | |
| FINANCIAL CONTROL SYSTEM: B & B CONTROL SYSTEMS INC | 3301 W Airport Freeway, Suite 100, Bedford, TX 76021 | Not Provided | |
| ADVANCED FINANCIAL SOFTWARE LTD. CO. | P.O. Box 701688, San Antonio, TX 78270-1688 | Not Provided | |
| FINANCIAL SOFTWARE SYSTEMS | 1605 Tower Drive, Moore, OK 73160 | Not Provided | |
| CONSUMER FINANCE SYSTEMS INC | 3301 W Airport Freeway, Suite 100, Bedford, TX 76021 | Not Provided | |
| LOANTEC FINANCIAL SOFTWARE | 107 S. River St., Seguin, TX 78155 | Not Provided | |
| CREDEX SYSTEMS, INC | 1109 E Park Drive, Ste 100B, Birmingham, AL 35235 | Not Provided | |
| NEXTECH | 111 N Old Robinson Rd, Robinson, TX 76706 | Not Provided | |
| NORTRIDGE SOFTWARE COMPANY | 27422 Portola Parkway, Suite #360, Foothill Ranch, CA 92610 | Not Provided | |
| GOLDPoint Systems | 1525 W 820 N, Provo, UT 84601 | Not Provided | |
| MeridianLink DecisionLender | 3560 Hyland Ave., Suite #200, Costa Mesa, CA 92626 | Not Provided |
Software ONLY for Installment Loan
| Company | Adress | Version | Notes |
|---|---|---|---|
| MUNZ COMPUTER SERVICES | 12373 Scarsdale Blvd, Ste A, Houston, TX 77089-6027 | Not Provided |
Software ONLY for Payday Loans
| Company Name | Address | Version Number | Note |
|---|---|---|---|
| MUNZ COMPUTER SERVICES | 12373 Scarsdale Blvd, Ste A, Houston, TX 77089-6027 | Not Provided | This company's payday loan software is available only as part of the company's approved pawnshop software program. |
| RESOURCE SYSTEMS | 618 S Broadway, #200, Tyler, TX 75702 | Not Provided |
Other systems have been approved for in-house use only.