{"data":{"id":"us-tx/tex.-finance-code-342.257","jurisdiction":"us-tx","citation":"Tex. Finance Code § 342.257","heading":"DEFAULT CHARGE; DEFERMENT OF PAYMENT.","body":"The provisions of Subchapter E relating to additional interest for default and additional interest for the deferment of installments apply to a loan made under this subchapter. Provided, that on a loan contract in which the cash advance is $100 or more, instead of additional interest for default under Subchapter E, the contract may provide for a delinquency charge if any part of an installment remains unpaid after the 10th day after the date on which the installment is due, including Sundays and holidays. The delinquency charge on a loan with a cash advance of $100 or more may not exceed the greater of $10 or five cents for each $1 of the delinquent installment.\nAdded by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.\nAmended by:\nActs 2005, 79th Leg., Ch. 1018 (H.B. 955), Sec. 2.23, eff. September 1, 2005.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 342. CONSUMER LOANS","SUBCHAPTER F. ALTERNATE CHARGES FOR CERTAIN LOANS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.342.htm#342.257","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"09d3122ea3e0157f88f483cbb489be01f53dfc0f58baffdeb677d0e0ef4d1855","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-342.256","next":"us-tx/tex.-finance-code-342.258"},"notice":"GroundRules: Original legal text. Not legal advice."}