TX OCCC Consumer Credit

Commercial Sales-Based Financing Rules Proposal and Adopted Rules

The Texas Office of Consumer Credit Commissioner published proposed rules for commercial sales-based financing providers and brokers implementing Chapter 398 of the Texas Finance Code and HB 700 (2025). The rules require registration through NMLS, specific disclosures, recordkeeping, and prohibit unfair, deceptive, abusive practices and certain automatic debits. The OCCC is authorized to investigate and take enforcement actions including injunctions, penalties, and revocations. A separate pawnshop rule review accepts comments until May 3, 2026.