State reference · TX
Texas lending rules
Texas has 1,224 Census places covered on Paydayloaning, with a combined estimated population of 22,006,049. Payday and small-loan terms in Texas are set by licensed lenders under state law; the sourced rules below apply to every borrower in the state.
Advertising disclosure: Paydayloaning may receive a referral fee if you apply through the link above. That fee does not change the rate you are offered, and it does not change our content. We are not a lender. The lowest rates are only available to the most qualified applicants. Read the full disclosure.
The verdict
Legal via licensed credit access businesses (payday/title-loan brokers)
Source: Texas Office of Consumer Credit Commissioner (OCCC) · as of 2026-09-16
- Licensing
- License required for non-depository lenders charging more than 10% interest
- Texas Office of Consumer Credit Commissioner (OCCC)
- Regulator
- Texas Office of Consumer Credit Commissioner (OCCC)
- Texas Office of Consumer Credit Commissioner (OCCC)
Rules are quoted from the cited sources. How payday lending is regulated.
Key rules for borrowers in Texas
Quoted from the statute, regulator or agency named in each row.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 10% per year maximum; a greater rate is usurious unless otherwise provided by law (Tex. Fin. Code § 302.001) Source says: The maximum rate or amount of interest is 10 percent a year except as otherwise provided by law. |
Texas Legislature (Texas Constitution and Statutes) as of 2026-09-16 |
| Payday lending status | Legal via licensed credit access businesses (payday/title-loan brokers); the third-party lender itself is not licensed (Tex. Fin. Code ch. 393) Source says: the credit access business that serves as the broker is the licensee in this regulated industry |
Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
| Small-loan / installment lender licensing | License required for non-depository lenders charging more than 10% interest; Chapter 342 governs consumer loans (Tex. Fin. Code § 342.051) Source says: Non-depository lenders who engage in making, transacting, or collecting loans with a rate of interest greater than 10% must be licensed by the OCCC. |
Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
| State lending regulator | Texas Office of Consumer Credit Commissioner (OCCC) Source says: The OCCC licenses and regulates non-depository lenders in the state of Texas. |
Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
Cities in Texas
All Texas citiesWe cover 1,224 Census places in Texas.
Advertising disclosure: Paydayloaning may receive a referral fee if you apply through the link above. That fee does not change the rate you are offered, and it does not change our content. We are not a lender. The lowest rates are only available to the most qualified applicants. Read the full disclosure.