Legal Status
Legal
Citation
Tex. Fin. Code §§ 393.001 et seq.
Loan Terms
Loan Term: 7-180 days
Maximum Finance Rate and Fees: No limit. Although some municipalities may be more restrictive.
Finance Charge for 14-day $100 Loan: No limit.
APR for 14-day $100 Loan: No limit.
Collection Limits
Collection Fees: This is a credit relationship and all fees may be obtained by collections process. 7 TAC § 83.604.