A Texas lender passed this along…. Texas is adding new rules for CABs. You can see them HERE.
This is totally out of left field. I thought this was interesting:
“The Finance Commission adopted these amendments at its October 16 meeting. Final amended figures are available here. The amendments will be effective November 5, 2015. See the rule’s preamble for information about the delayed implementation period, allowing creditors to continue using certain contracts until December 31, 2016.”
