Texas § 347.502 LIABILITY FOR CHARGE EXCEEDING AMOUNT AUTHORIZED.

Texas Statutes

§ 347.502 — LIABILITY FOR CHARGE EXCEEDING AMOUNT AUTHORIZED.

Texas § 347.502

Code FIFinance Code

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Bluebook

Tex. Finance Code Code Ann. § 347.502 (2026).

Text

Sec. 347.502. LIABILITY FOR CHARGE EXCEEDING AMOUNT AUTHORIZED.

(a)Notwithstanding Chapter 349 , a creditor who contracts for, charges, or receives a charge relating to a credit transaction, other than interest or time price differential, that is more than that authorized by this chapter is liable to the consumer as provided by Section 349.003 .

(b)For purposes of this section, a late fee, default charge, or delinquency charge is included as a charge relating to a credit transaction.

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Sec. 347.502. LIABILITY FOR CHARGE EXCEEDING AMOUNT AUTHORIZED. (a) Notwithstanding Chapter 349 , a creditor who contracts for, charges, or receives a charge relating to a credit transaction, other than interest or time price differential, that is more than that authorized by this chapter is liable to the consumer as provided by Section 349.003 .
(b) For purposes of this section, a late fee, default charge, or delinquency charge is included as a charge relating to a credit transaction.