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Tex. Finance Code § 342.255

MAXIMUM LOAN TERM

Texas · Texas Finance Code · Status: effective

Banking, Finance & Insurance
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Tex. Finance Code § 342.255, MAXIMUM LOAN TERM, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647251
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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.