Texas consumer installment lending license research

We build LicensingPath™ by RegulatoryPath™ reports line by line from published agency pages, statutes and rules. Every Verified item carries a source cite and a checked date. Where published sources don't answer a point, the paid report keeps the sourced facts and labels that item “Unpublished, confirm with agency” or “Consult an attorney.” We do not draw a licensing conclusion.

LicensingPath™ by RegulatoryPath™ covers consumer installment licensing for every jurisdiction shown as live at checkout on regulatorypath.app (today: all 50 U.S. states and DC — 51 jurisdictions). Specialty Lending is a separate module; checkout lists the states it covers today.

Research and filing preparation only. Not legal advice. Licensing determinations belong to the client's counsel.

How we researched this page

The facts below come from our Texas Finance Code chapter 342 research. Each shows its Verified label and checked date of Oct 22, 2026. Fees, filing steps, bonds, net worth, rate tables and bank-partner open points stay in the paid report.

What Texas regulates

Verified · Last checked Oct 22, 2026

A person must hold a license to (1) engage in the business of making, transacting or negotiating loans subject to ch. 342, or (2) contract for, charge or receive charges authorized by ch. 342 that in total exceed what other law allows. No device, subterfuge or pretense may be used to evade this. OCCC: non-depository lenders that make, transact or collect loans at rates above 10% must be licensed. A lender using the ch. 303 optional ceiling on consumer loans also needs a ch. 342 license (§303.201).

Cite: Tex. Fin. Code §342.051(a),(b); §303.201; OCCC Regulated Lenders page
Sources: https://statutes.capitol.texas.gov/GetStatute.aspx?Code=FI&Value=342.051 ; https://statutes.capitol.texas.gov/GetStatute.aspx?Code=FI&Value=303.201 ; https://occc.texas.gov/industry/regulated-lenders/

Whether any particular program needs that license is for the client's counsel. We do not make that call.

Agency and statute

Agency · Verified · Last checked Oct 22, 2026

Texas Office of Consumer Credit Commissioner (OCCC), Finance Commission Building, 2601 N. Lamar Blvd, Austin, TX 78705

Cite: OCCC site footer
Source: https://occc.texas.gov/industry/regulated-lenders/

Statute · Verified · Last checked Oct 22, 2026

Texas Finance Code ch. 342 (Consumer Loans): license Subch. B-C (§§342.051-342.163); rates Subch. E (§342.201); small loans Subch. F (§342.251 et seq.); administration Subch. L (§§342.551-342.560). Related: ch. 14 (OCCC powers, fees, criminal history), ch. 303 (optional rate ceilings), §341.503 (remote work). Rules: 7 TAC ch. 83, Subch. A (licensing §§83.301-83.404); 7 TAC ch. 90 (plain-language contract provisions).

Cite: OCCC Regulated Lenders page “Statutes & Rules”; Texas Constitution and Statutes (official)
Sources: https://occc.texas.gov/industry/regulated-lenders/ ; https://statutes.capitol.texas.gov/Docs/FI/htm/FI.342.htm

License name used in published sources

Verified · Last checked Oct 22, 2026

Regulated Lender License (a Chapter 342 consumer loan license). The first license is the company license in NMLS; each additional location needing a 342 license is a branch license.

Cite: OCCC Regulated Lenders page; OCCC licensing page; NMLS checklist title
Sources: https://occc.texas.gov/industry/regulated-lenders/ ; https://occc.texas.gov/industry/regulated-lenders/licensing-forms/ ; https://occc.texas.gov/wp-content/uploads/2026/09/Regulated-Lender-Company-License.pdf

Carve-outs named in the statute (counsel review)

Verified · Last checked Oct 22, 2026

§342.051(c)-(e) excludes banks, savings banks and savings and loan associations; persons subject to Insurance Code ch. 651; ch. 156/157 licensees for residential mortgage loans; certain insurance agents arranging bank loans; and IRS e-file providers arranging refund loans for banks or credit unions. Whether an applicant qualifies for an exemption under §342.051 is a question for counsel.

Cite: Tex. Fin. Code §342.051(c),(c-1),(d),(e)
Source: https://statutes.capitol.texas.gov/GetStatute.aspx?Code=FI&Value=342.051

What this free page covers — and what stays in the paid report

Free (this page)	Paid LicensingPath™ Texas report
What ch. 342 regulates (sourced)	Application, license, renewal and assessment fee details
OCCC + statute cites with checked dates	Bond, net assets, filing channel, timelines, fingerprints
License name as published	Rate and charge tables; bank-partner / true-lender open points
Statute carve-outs named (no applicant call)	Every item labeled Verified, "Unpublished, confirm with agency" or "Consult an attorney"

Get the free Oklahoma sample · See report options · State Penalty Lookup

Related tools and neighbor states

Specialty Lending sample: Texas C-PACE (separate product module; not a substitute for the consumer installment report)
Nearby state: Oklahoma
More states: State licenses

FAQ

Is this legal advice?
No. Research and filing preparation only. Not legal advice. Licensing determinations belong to the client's counsel.

Which Texas agency publishes this consumer loan licensing regime?
The Texas Office of Consumer Credit Commissioner (OCCC), verified against the agency's own source and last checked Oct 22, 2026.

Which statute does our verified research cite for the consumer loan license?
Texas Finance Code chapter 342 (and related chapters noted in the statute details), checked Oct 22, 2026.

Does a statutory carve-out mean my company is exempt?
We do not apply carve-outs to applicants. Whether an applicant qualifies for an exemption under §342.051 is a question for counsel.