Texas Schedule of All Fees

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Texas Schedule of All Fees
Effective June 2019

Thank you for your interest in TitleMax of Texas, Inc. d/b/a TitleMax (“CSO”). CSO provides credit services – it helps consumers obtain loans from a third-party lender and issues a credit enhancement to the third-party lender to back up consumer’s promise to pay the loan. CSO is not a lender.

CSO Credit Services and Fee Schedule – Secured Loans

Lender Interest and Fee Schedule – Secured Loans:

CSO Credit Services and Fee Schedule – Personal (Unsecured) Loans

Lender Interest and Fee Schedule – Personal (Unsecured) Loans

Loan/CSO Fee Examples – Personal (Unsecured) Loans

Bi-Weekly Payment Examples: The following examples have a 10 payment, 140-day term with payments due every 14 days:

Loan Amount $ 500.00
Daily CSO Fee %
(without recurring electronic payments)
1.780%
Finance Charge
CSO Fee (payable in 10 Payments) $ 1,246.00
Lender Interest $ 19.08
Total of Payments $ 1,765.08
APR 650.90%
Payments #1-9
9 CSO Fee Payments of $ 124.60
Payment #10
CSO Fee Payment 10 $ 124.60
Payment to Lender $ 519.08
$ 643.68
Loan Amount $ 500.00
Daily CSO Fee %
(with recurring electronic payments)
1.424%
Finance Charge
CSO Fee (payable in 10 Payments) $ 996.80
Lender Interest $ 19.08
Total of Payments $ 1,515.88
APR 522.14%
Payments #1-9
9 CSO Fee Payments of $ 99.68
Payment #10
CSO Fee Payment 10 $ 99.68
Payment to Lender $ 519.08
$ 618.76
Loan Amount $ 1,500.00
Daily CSO Fee %
(without recurring electronic payments)
1.780%
Finance Charge
CSO Fee (payable in 10 Payments) $ 3,738.00
Lender Interest $ 57.25
Total of Payments $ 5,295.25
APR 650.90%
Payments #1-9
9 CSO Fee Payments of $ 373.80
Payment #10
CSO Fee Payment 10 $ 373.80
Payment to Lender $ 1,557.25
$ 1,931.05
Loan Amount $ 1,500.00
Daily CSO Fee %
(with recurring electronic payments)
1.424%
Finance Charge
CSO Fee (payable in 10 Payments) $ 2,990.40
Lender Interest $ 57.25
Total of Payments $ 4,547.65
APR 522.14%
Payments #1-9
9 CSO Fee Payments of $ 299.04
Payment #10
CSO Fee Payment 10 $ 299.04
Payment to Lender $ 1,557.25
$ 1,856.29

Semi-Monthly (twice monthly) Payment Examples: The following examples have a 10 payment, 150-day term with the first payment due 14 days from the origination date and payments due on the 1st and 15th of each month:

Loan Amount $ 500.00
Daily CSO Fee %
(without recurring electronic payments)
1.780%
Finance Charge
CSO Fee (payable in 10 Payments) $ 1,335.00
Lender Interest $ 20.45
Total of Payments $ 1,855.45
APR 655.55%
Payments #1
1 CSO Fee Payment of $ 124.60
Payments #2-9
8 CSO Fee Payments of $ 134.49
Payment #10
CSO Fee Payment 10 $ 134.48
Payment to Lender $ 520.45
$ 654.93
Loan Amount $ 500.00
Daily CSO Fee %
(with recurring electronic payments)
1.424%
Finance Charge
CSO Fee (payable in 10 Payments) $ 1,068.00
Lender Interest $ 20.45
Total of Payments $ 1,588.45
APR 525.35%
Payments #1
1 CSO Fee Payment of $ 99.68
Payments #2-9
8 CSO Fee Payments of $ 107.59
Payment #10
CSO Fee Payment 10 $ 107.60
Payment to Lender $ 520.45
$ 628.05
Loan Amount $ 1,500.00
Daily CSO Fee %
(without recurring electronic payments)
1.780%
Finance Charge
CSO Fee (payable in 10 Payments) $ 4,005.00
Lender Interest $ 61.34
Total of Payments $ 5,566.34
APR 655.55%
Payments #1
1 CSO Fee Payment of $ 373.80
Payments #2-9
8 CSO Fee Payments of $ 403.47
Payment #10
CSO Fee Payment 10 $ 403.44
Payment to Lender $ 1,561.34
$ 1,964.78
Loan Amount $ 1,500.00
Daily CSO Fee %
(with recurring electronic payments)
1.424%
Finance Charge
CSO Fee (payable in 10 Payments) $ 3,204.00
Lender Interest $ 61.34
Total of Payments $ 4,765.34
APR 525.35%
Payments #1
1 CSO Fee Payment of $ 299.04
Payments #2-9
8 CSO Fee Payments of $ 322.77
Payment #10
CSO Fee Payment 10 $ 322.80
Payment to Lender $ 1,561.34
$ 1,884.14

Monthly Payment Examples: The following examples have a 5-month term with payments due on the same date each month:

Loan Amount $ 500.00
Daily CSO Fee %
(without recurring electronic payments)
1.780%
Finance Charge
CSO Fee (payable in 10 Payments) $ 1,361.70
Lender Interest $ 20.85
Total of Payments $ 1,882.55
APR 659.21%
Payments #1
1 CSO Fee Payment of $ 275.90
Payments #2-4
3 CSO Fee Payments of $ 271.45
Payment #5
CSO Fee Payment 5 $ 271.45
Payment to Lender $ 520.85
$ 792.30
Loan Amount $ 500.00
Daily CSO Fee %
(with recurring electronic payments)
1.425%
Finance Charge
CSO Fee (payable in 10 Payments) $ 1,089.36
Lender Interest $ 20.85
Total of Payments $ 1,610.21
APR 528.54%
Payments #1
1 CSO Fee Payment of $ 220.72
Payments #2-4
3 CSO Fee Payments of $ 217.16
Payment #5
CSO Fee Payment 5 $ 217.16
Payment to Lender $ 520.85
$ 738.01
Loan Amount $ 1,500.00
Daily CSO Fee %
(without recurring electronic payments)
1.780%
Finance Charge
CSO Fee (payable in 10 Payments) $ 4,085.10
Lender Interest $ 62.56
Total of Payments $ 5,647.66
APR 659.21%
Payments #1
1 CSO Fee Payment of $ 827.70
Payments #2-4
3 CSO Fee Payments of $ 814.35
Payment #5
CSO Fee Payment 5 $ 814.35
Payment to Lender $ 1,562.56
$ 2,375.91
Loan Amount $ 1,500.00
Daily CSO Fee %
(with recurring electronic payments)
1.425%
Finance Charge
CSO Fee (payable in 10 Payments) $ 3,268.08
Lender Interest $ 62.56
Total of Payments $ 4,830.64
APR 528.54%
Payments #1
1 CSO Fee Payment of $ 662.16
Payments #2-4
3 CSO Fee Payments of $ 651.48
Payment #5
CSO Fee Payment 5 $ 651.48
Payment to Lender $ 1,562.56
$ 2,214.04

TEXAS CONSUMER CREDIT NOTICE

CSO is a credit services organization registered with the Texas Secretary of State. This business is licensed and examined under Texas law by the Office of Consumer Credit Commissioner (OCCC), a state agency. If a complaint or question cannot be resolved by contacting the business, consumers can contact the OCCC to file a complaint or ask a general credit-related question. OCCC address: 2601 N. Lamar Blvd., Austin, Texas 78705. Phone: (800) 538-1579. Fax: (512) 936-7610. Website: www.occc.texas.gov. Email: consumer.complaints@occc.texas.gov.

CSO’s agent in Texas authorized to receive service of process is CT Corporation, 1999 Bryan Street, Suite 900, Dallas, Texas 75201.

Individual retail location licenses and registrations are available for review in each location.

An advance of money obtained through a payday loan or auto title loan is not intended to meet long-term financial needs. A payday loan or auto title loan should only be used to meet immediate short-term cash needs. Refinancing the loan rather than paying the debt in full when due will require the payment of additional charges.