Section 393.627 - Quarterly Report to Commissioner A credit access business shall file a quarterly report with the commissioner on a form prescribed by the commissioner that provides the following information relating to extensions of consumer credit described by Section 393.602(a) during the preceding quarter:
(1) the number of consumers for whom the business obtained or assisted in obtaining those extensions of consumer credit;(2) the number of those extensions of consumer credit obtained by the business or that the business assisted consumers in obtaining;(3) the number of refinancing transactions of the extensions of consumer credit described by Subdivision (2);(4) the number of consumers refinancing the extensions of consumer credit described by Subdivision (2);(5) the number of consumers refinancing more than once the extensions of consumer credit described by Subdivision (2);(6) the average amount of the extensions of consumer credit described by Subdivision (2);(7) the total amount of fees charged by the business for the activities described by Subdivision (1);(8) the number of vehicles surrendered or repossessed under the terms of an extension of consumer credit in the form of a motor vehicle title loan obtained by the business or that the business assisted a consumer in obtaining;(9) the mean, median, and mode of the number of extensions of consumer credit obtained by consumers as a result of entering into the extensions of consumer credit described by Subdivision (2); and(10) any related information the commissioner determines necessary.Added by Acts 2011, 82nd Leg., R.S., Ch. 1302, Sec. 2, eff. 1/1/2012.