| (a) Limitation on fees. The maximum fees for debt management
services are described by Texas Finance Code, §394.210. A provider
may not impose a fee or other charge, or receive payment from a consumer
or other person on behalf of a consumer, except as allowed under Texas
Finance Code, §394.210.
(b) Fees for unrelated services. A provider may not
charge a consumer for or provide credit or other insurance, coupons
for goods or services, membership in a club, access to computers or
the Internet, or any other matter not directly related to debt management
services or educational services concerning personal finance.
(c) Adjustment of fee amounts. As provided by Texas
Finance Code §394.2101, the OCCC will periodically compute and
publish dollar amounts of fees specified in Texas Finance Code, §394.210,
to reflect inflation as measured by the Consumer Price Index for All
Urban Consumers. These adjustments will be published on the OCCC's
website. For purposes of these adjustments, the OCCC has adopted 2011
as a base year.
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| Source Note: The provisions of this §88.306 adopted to be effective September 6, 2007, 32 TexReg 5662; amended to be effective September 8, 2011, 36 TexReg 5673; amended to be effective March 10, 2022, 47 TexReg 1085 |
