Single Payment Payday Loan Fee Schedule
"An advance of money obtained through a payday loan or auto title loan is not intended to
meet long-term financial needs. A payday loan or auto title loan should only be used to meet
immediate short-term cash needs. Refinancing the loan rather than paying the debt in full
when due will require the payment of additional charges."
Credit Access Business Charges
(CAB)
Lender Charges
TERM CAB
RATE
APR
Additional
Fees
Term of
Loan
NSF
Late Fees
Lender Interest
NSF Fees
Late Fees
$30.00
APR Range
NO
Add’l
Fees
7-30
Days
$30 NSF
Fee
Contract Rate
of
10%
or
0.0273 cents per
day per hundred
dollars
$30 NSF
Fee
Late Fee
5% of
payment if
more than
10 days
late
Per
Hundred
739%
to
792%
No Late
Fees
Typical Loan Examples
Borrowed
Amount
TERM
CAB Rate
APR
Add’l
Fees
Term of
Loan
Days
$300
$90.00
739.98%
No
15
$30 NSF
No Late Fees
$1.23
$300
$90.00
792.13%
No
14
$30 NSF
No Late Fees
$1.15
$500
$150.00
739.98%
No
15
$30 NSF
No Late Fees
$2.05
$500
$150.00
792.10%
No
14
$30 NSF
No Late Fees
$1.91
$700
$210.00
739.98%
No
15
$30 NSF
No Late Fees
$2.86
$700
$210.00
792.13%
No
14
$30 NSF
No Late Fees
$2.68
NSF FEE
Late Fee
Lender
Interest
This business is licensed and examined by the State of Texas - Office of the
Consumer Credit Commissioner. Call the Consumer Credit Hotline or write for
credit information or assistance with credit problems. Office of the Consumer
Credit Commissioner, 2601 North Lamar Boulevard, Austin, Texas 78705-4207,
1-800-538-1579
consumer.complaints@occc.state.tx.us
www.occc.state.tx.us.