Legal Status
Legal
Debt Limits
Maximum Number of Outstanding Loans at One Time: Silent
Rollovers Permitted: Yes, but the loan must be converted to a declining balance installment loan. OR, it can be renewed forever as long it would not put the lendee over the statutory limit. 7 Tex. Ann. Code § 83.604
Cooling-off Period: Silent
Repayment Plan: Silent
Collection Limits
Collection Fees: This is a credit relationship and all fees may be obtained by collections process. 7 TAC § 83.604.