TIME PRICE DIFFERENTIAL COMPUTATION AND AMOUNT.

Tex. FIN Code § 345.155.
in effect
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(a) A time price differential authorized under Subchapter C shall be computed using the average daily balance method. (b) If the amount of a time price differential otherwise authorized under Subchapter C for a billing cycle in which a balance is due is less than 75 cents a month, the holder may charge an amount that does not exceed 75 cents a month. Acts 2011, 82nd Leg., R.S., Ch. 1182 (H.B. 3453 ), Sec. 7, eff. September 1, 2011.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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