Advisory Bulletins for OCCC Licensees

Regulated Lenders: Coronavirus Emergency Measures (revised March 25, 2020)

Pawnshops: Coronavirus Emergency Measures (revised March 26, 2020)

Credit Access Businesses: Coronavirus Emergency Measures (revised March 26, 2020)

Property Tax Lenders: Coronavirus Emergency Measures (revised March 27, 2020)

Motor Vehicle Sales Finance: Coronavirus Emergency Measures (revised March 26, 2020)

Home Equity Lending: Coronavirus Emergency Measures (April 1, 2020)

Additional Links and Resources

For Consumers: Protecting Your Finances During the Coronavirus Pandemic (Consumer Financial Protection Bureau)

Local Emergency Orders

Several Texas cities and counties have issued emergency "shelter in place" orders, requiring certain businesses to shut down while the orders are in effect. The OCCC urges licensees to carefully review any local orders that apply to them, and to work with local health authorities to comply with any social-distancing recommendations and requirements. The text of these orders may differ by jurisdiction.

These orders typically have exceptions for essential businesses, including certain financial institutions. However, some local jurisdictions differ on which businesses are considered "financial institutions" or essential businesses for purposes of these orders. The OCCC encourages licensees to monitor orders from local authorities, as well as any amendments or clarifications to these orders.

The Department of the Treasury and the Department of Homeland Security have also issued guidance identifying financial services as critical infrastructure.