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 | Vendor Website | Notes |
|---|---|---|---|---|
| ALLIED BUSINESS SYSTEMS, LLC | 4848 Mercer University Drive, Macon, Georgia 31210 | 7.0.15.5 | Allied Biz | 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 | Small Loan Software | 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 | Finance & Insurance Systems | Reviewed for Section 342.201(e) rate loans Scheduled Installment Earnings Method |
| FINANCIAL SOFTWARE SYSTEMS | 1605 Tower Drive, Moore, OK 73160 | Financial Software Systems | Reviewed for Section 342.201(d) and (e) rate loans Scheduled Installment Earnings Method | |
| GOLDPoint SYSTEMS | 1525 W 820 N, Provo, UT 84601 | GOLDPoint Systems | 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 | Reviewed for Section 342.201 (e) True Daily Earnings Method | ||
| MeridianLink DecisionLender | 3560 Hyland Ave., Suite #200, Costa Mesa, CA 92626 | Decision Lender | 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 | Nortridge Software | 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 | Vendor Website | Notes |
|---|---|---|---|---|
| ALLIED BUSINESS SYSTEMS, LLC. | 4848 Mercer University Drive, Macon, GA 31210 | Allied Biz | ||
| FINANCIAL CONTROL SYSTEM: B & B CONTROL SYSTEMS INC | 3301 W Airport Freeway, Suite 100, Bedford, TX 76021 | Small Loan Software | ||
| ADVANCED FINANCIAL SOFTWARE LTD. CO. | P.O. Box 701688, San Antonio, TX 78270-1688 | |||
| FINANCIAL SOFTWARE SYSTEMS | 1605 Tower Drive, Moore, OK 73160 | Financial Software Systems | ||
| CONSUMER FINANCE SYSTEMS INC | 3301 W Airport Freeway, Suite 100, Bedford, TX 76021 | Small Loan Software | ||
| LOANTEC FINANCIAL SOFTWARE | 107 S. River St., Seguin, TX 78155 | |||
| CREDEX SYSTEMS, INC | 1109 E Park Drive, Ste 100B, Birmingham, AL 35235 | |||
| NEXTECH | 111 N Old Robinson Rd, Robinson, TX 76706 | |||
| NORTRIDGE SOFTWARE COMPANY | 27422 Portola Parkway, Suite #360, Foothill Ranch, CA 92610 | Nortridge Software | ||
| GOLDPoint Systems | 1525 W 820 N, Provo, UT 84601 | GOLDPoint Systems | ||
| MeridianLink DecisionLender | 3560 Hyland Ave., Suite #200, Costa Mesa, CA 92626 | Decision Lender |
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.