Refund Anticipation Loans
Pursuant to HB 1344, any facilitator of Tax Refund Anticipation Loans in Texas must register with the Office of Consumer Credit Commissioner (OCCC) by January 1, 2008. A facilitator is defined as a person who processes, receives, or accepts for delivery of an application for a refund anticipation loan, delivers a check in payment of refund anticipation loan proceeds, or in any other manner acts to allow the making of a refund anticipation loan.
Rules are available on the Secretary of State's website. HB1344 is available here.
To assist in preparing for this registration, the Agency has prepared the following list of information that will be needed to register online. Registrants will need the following information to complete the online application:
- Federal Employment Identification Number (FEIN)
- Business Structure - i.e. Proprietor, Corporation, General Partnership, etc.
- Company's physical and mailing address (es);
- for company’s with multiple locations, applicants will need physical and mailing address (es) for each of its locations that requires registration. (In the electronic submission, this information may be typed in for each location individually, or a text delimited or Excel spreadsheet may be uploaded with the information for each location.)
- Individual primarily responsible for daily operations for each location(s)
- Name, title, and contact information for the individual to contact about this application
- Payment of a $50.00 fee for each registered location.
- Payments may be made via check (submitted electronically), or credit card (American Express, Discover Card, MasterCard, Visa).
Click here to begin the Registration/Renewal Process
