Texas CAB CSO Licensing Update
ATTN: Texas CAB Licensing Update – Transition to NMLS Published February 27, 2026 Author: Jer The Texas Office of Consumer Credit Commissioner (OCCC) has officially shut down Credit Access Business (CAB) functionality in the ALECS system as part of the transition to the Nationwide Multistate Licensing System & Registry (NMLS). CABs will begin the official […]
Subprime Lenders Lose More Money to Caution Than They Ever Lose to Default
They just never see it on a spreadsheet. Quick answer:Most subprime lenders do not get crushed by default. They get crushed by caution. When your “book” is undercapitalized, you start making cash decisions that look like risk decisions. You tighten, you stall, and the biggest loss never hits the P&L. It walks out the door […]
The USA wide ‘Predatory Lending Elimination Act’ Doesn’t Eliminate Predatory Lending. It Eliminates Lending.
170 organizations just asked Congress to make it illegal for you to serve the borrower no one else will touch. Senate Bill S3793, the “Predatory Lending Elimination Act,” would slam a 36% APR cap on virtually every consumer credit product in America. Credit cards, installment loans, car title loans, payday loans… All of it. Senator […]
Car Title Lending in 2026: Best States, Biggest Traps
Car title lending is still profitable in 2026, but enforcement is tighter. See the best states, the catches, and a compliance-first operator checklist.
New York STOP Act Kills Tip-Based Lending Models and Told the Entire “Tip-Based Lending” Industry to Drop Dead
The STOP Act is coming. And it’s not just New York’s problem. Here’s what happened: New York legislators introduced a bill that treats every dollar a consumer pays for a wage advance, tips, expedited fees, and membership charges as a finance charge. Slap those numbers into the APR formula, and suddenly the “no-interest” earned wage apps […]
Payday Loan Demand 2026: A 10% Credit Card APR Cap Would Be the Best Thing That Ever Happened to Subprime Lenders
Payday loan industry trends If Washington squeezes pricing power out of revolving credit, banks will not absorb the hit. They will change the rules. That is not speculation. That is how unsecured lending works. When you cannot price for risk, you stop taking it. President Trump has floated a one-year 10% cap on credit card […]
The Rule That Was Supposed to Save the Poor But Made Them Poorer
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2026: Navigating the Texas Credit Access Business CAB & CSO: A Comprehensive Guide for CABs, CSOs, 3rd-Party Lenders, Regulators & Consumers
The personal lending landscape can be complex, filled with various regulations and guidelines that lenders must navigate. Texas, known for its robust economic environment, is no exception. Get your copy delivered immediately to your Inbox One option available to lenders in Texas is to operate under the Credit Access Business (CAB) / Credit Services Organization […]
Payday, Title, and Installment Loan Demand in 2026: Where Profits Are Headed
Is small-dollar loan demand still strong in 2026? See what the latest public data suggests about payday, title, installment, and line-of-credit loans, plus the underwriting and acquisition shifts that protect net profit.