Personal loans in Texas
Consumer lending in Texas is regulated by the Texas Office of Consumer Credit Commissioner. Below are the sourced rules that affect what a lender can charge you, followed by the cities we cover.
Lending rules in Texas
| Payday lending | Permitted and regulated — maximum loan amount: The maximum cash advance of a loan made under this subchapter is an amount computed under Subchapter C, Chapter 341, using the reference base amount of $100, except that for loans that are subject to §342.259 the reference base amount is $200; maximum loan term: The maximum scheduled term of a loan made under this subchapter is: (1) for a loan of $100 or less, the lesser of: (A) one month for each multiple of $10 of cash advance; or (B) six months; and (2) for a loan of more than $100, one month for each multiple of $20 of cash advance. Finance charges: A loan contract to which §342.251 applies and that is payable in a single installment may provide for an acquisition charge and an interest charge on the cash advance that does not exceed a rate or amount that would produce the same effective return, determined as a true daily earnings rate, as allowed under §342.252 considering the amount and term of the loan. If a loan that has a term in excess of one month under this section is prepaid in full, the lender may earn a minimum of the acquisition charge and interest charge for one month. If a loan under this section has an initial term of less than one month, the lender may earn a minimum of the acquisition charge and an interest charge that produces the same effective return as the installment account handling charge computed at a daily rate for the term the loan is outstanding. (a) Instead of the charges authorized by §§342.201 and 342.252, a loan made under this subchapter with a maximum cash advance computed under Subchapter C, Chapter 341, using a reference base amount that is more than $100 but not more than $200, may provide for: (1) an acquisition charge that is not more than $10; and (2) an installment account handling charge that is not more than the ratio of $4 a month for each $100 of cash advance. (b) An acquisition charge under this section is considered to be earned at the time a loan is made and is not subject to refund. On the prepayment of a loan that is subject to this section, the installment account handling charge is subject to refund in accordance with Subchapter H. (c) Except as provided by this section, provisions of this chapter applicable to a loan that is subject to §342.252 also apply to a loan that is subject to this section. (a) A loan contract under this subchapter may provide for an interest charge computed using the true daily earnings method or the scheduled installment earnings method that does not exceed the equivalent rate or effective return of the installment account handling charge for the original scheduled term of the loan. (b) The principal balance of a loan contract authorized by this section may not include the acquisition charge, installment account handling charge, default charges, or deferment charges or the return check fees authorized by §3.506, Business & Commerce Code. (c) Interest may accrue on the principal balance from time to time unpaid at the rate provided for by the contract until the date of payment in full or demand for payment in fullSource: National Conference of State Legislatures · as of 2023 |
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| Small-loan / installment licensing | Consumer lenders must obtain a state license (Yes; if interest rate is greater than 10% per year). Statutory basis: Tex. Fin. Code Ann. §§ 342 et seq. Licensing administered through NMLS: No.Source: Conference of State Bank Supervisors · as of 2026 |
| Interest rate cap (usury limit) | Usury limit: 10% max (Tex. Fin. Code § 302.001); 6% when rate not otherwise specified (Tex. Fin. Code § 302.001 (2019)). Finance rates and fees for licensed lenders: Chapter 342, Subchapter E add-on rate: Loan amount up to $2,130: $18 per $100 per year Above $2,130 up to $17,750: $8 per $100 per year Sub. E alternative rate: Any loan amount: 18% simple interest rate Sub. E three-tiered rate: Loan amount up to $3,550: 30% simple interest rate Amount above $3,550 up to $7,455: 24% simple interest rate Amount above $7,455 up to $17,750: 18% simple interest rate Sub. F add-on rate Loan amount above $100 up to $1,420: $4 per $100 per month (Rate bracket amounts adjusted annually). CSBS 50-state survey of consumer finance laws; state-verified usury catalog.Source: Conference of State Bank Supervisors · as of 2026 |
| Consumer lending regulator | Consumer lenders in Texas are licensed and supervised by the Texas Office of Consumer Credit Commissioner.Source: Conference of State Bank Supervisors · as of 2026 |
| Debt collection rules | Third-party debt collectors must comply with the federal Fair Debt Collection Practices Act (FDCPA), 15 U.S.C. § 1692 et seq.; state consumer-protection and debt-collection enforcement is handled by the Texas Office of the Attorney General. The FDCPA expressly authorizes state attorneys general to enforce it (15 U.S.C. § 1692l). Some states also require collection agencies to be licensed.Source: Texas Office of the Attorney General · as of 2026 |
| Military lending protections | The federal Military Lending Act (MLA) caps the Military Annual Percentage Rate (MAPR) at 36% for consumer credit extended to active-duty service members, their spouses and certain dependents, and bars mandatory arbitration and prepayment penalties on covered loans. Federal protection that applies nationwide, including in this state.Source: Consumer Financial Protection Bureau · as of 2024 |
| Complaint / licensing lookup | Check whether a lender holds a state license through NMLS Consumer Access (nmlsconsumeraccess.org) or the Texas Office of Consumer Credit Commissioner; consumers can file complaints with the Texas Office of Consumer Credit Commissioner or the CFPB at consumerfinance.gov/complaint.Source: Nationwide Multistate Licensing System (NMLS) Consumer Access · as of 2026 |
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Cities in Texas
DallasHoustonSan AntonioAustinFort WorthMcAllenEl PasoDentonArlingtonCorpus ChristiThe WoodlandsPlanoLubbockLaredoIrvingMcKinneyGarlandKilleenBrownsvilleCollege StationAmarilloGrand PrairieFriscoWacoPort ArthurPasadenaMesquiteHarlingenTylerBeaumontOdessaCarrolltonMidlandAbilenePearlandTexas CityRound RockRichardsonTempleLeague CitySugar LandLewisvilleAllenWichita FallsSan AngeloEdinburgLongviewConroeNew BraunfelsMissionBryanAtascocitaBaytownTexarkanaPharrFlower MoundCedar ParkMissouri CityLake JacksonMansfieldSan MarcosNorth Richland HillsShermanGeorgetownVictoriaPflugervilleRowlettSpringEulessLeanderDeSotoWylieGalvestonGrapevineBedfordCedar HillBurlesonRockwallHaltom CityHuntsvilleKellerKyleLittle ElmThe ColonyCoppellChannelviewSchertzLancasterFriendswoodDuncanvilleWeslacoHurstWaxahachieMission BendRosenbergFarmers BranchLa PorteCopperas CoveSan JuanDel RioSocorroLufkinDeer ParkMidlothianTimberwood ParkNacogdochesHarker HeightsWest OdessaCiboloCleburneSouthlakeCanyon LakeWeatherfordSeguinProsperEagle PassGreenvilleBalch SpringsConverseAlvinHuttoSachseBig SpringColleyvilleCloverleafKingsvilleUniversity ParkSan BenitoFort HoodCorsicanaParisDenisonBenbrookKerrvilleFresnoSaginawWataugaBrushy CreekBeltonMarshallForneyCorinthHorizon CityKatyDickinsonMurphyStephenvillePlainviewPecan GroveEnnisPortlandUniversal CityAlamoAngletonOrangeBrownwoodPalestineNederlandLakewayCinco RanchSeagovilleSteiner RanchLa MarqueWhite SettlementAliceAltonCrowleyBay CityFateBrenhamBoerneBellaireFulshearStaffordGainesvilleTerrellGrovesPampaAnnaDonnaPrincetonHumbleCelinaAddisonSouth HoustonMercedesTaylorMount PleasantGatesvilleAldineSulphur SpringsHighland VillageGlenn HeightsHewittLive OakRio Grande CityUvaldeHerefordWest University PlaceMineral WellsCanyonPalmviewRendonDumasLockhartBudaFort BlissJacksonvilleRed OakHidalgoManorWells BranchForest HillBeevilleMelissaPort NechesRoyse CityHendersonSeabrookLumbertonKilgoreAndrewsAzleLevellandSanta FeAthensTrophy ClubBorgerPecosRobinsonTomballWebsterEl CampoLa HomaRichmondPort LavacaLantanaLeon ValleyRomaSnyderFour CornersFredericksburgFreeportBurkburnettGalena ParkCluteSweetwaterSelmaRaymondvilleBacliffPleasantonBellmeadGranburyRobstownBonhamRockportVernonManvelFairviewSan ElizarioFair Oaks RanchVidorHornsby BendEidson RoadJacinto CityInglesideBastropElginBridge CityHeathWoodwayRoanokeScenic OaksAransas PassBrownfieldMurilloHelotesHighland ParkPerrytonLago VistaSangerGrahamLamesaCommerceWhartonDaytonBee CaveRichland HillsFort StocktonDalhartKennedaleHondoWhitehouseLibertyTravis RanchCueroHillsboroIowa ColonyKirbyLos FresnosHomestead Meadows SouthJersey VillagePaloma Creek SouthPearsallBelterraJoshuaHighlandsSunnyvaleRiver OaksMonahansNavasotaLake DallasClevelandLucasLackland AFBAlamo HeightsProvidence VillageHitchcockMont BelvieuWest LivingstonLampasasOlivarezFloresvilleGonzalesHeartlandJasperMila DoceLacy-LakeviewMexiaKingslandSeminoleCamp SwiftLa FeriaMarble FallsSilsbeeKaufmanSealySonterraPecan PlantationSavannahDecaturHomestead Meadows NorthCarthageCrystal CityIowa ParkPrairie ViewCrockettWillisBurnetCanutilloKeeneDoolittleWhite OakPenitasGladewaterGun Barrel CityEvermanKermitLindaleLittlefieldWake VillageEdnaSlatonAlpineWindcrestNolanvilleYoakumElsaMuleshoeBridgeportChildressHempsteadBriarHutchinsLivingstonBulverdeSintonMarlinRuskLakehillsCameron ParkFabensWolfforthSalida del Sol EstatesKrumAtlantaLulingDoffingRockdaleSansom ParkBowieParkerCameronMcGregorNorthlakeBreckenridgeAubreyPort IsabelCenterNassau Bay
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