What has changed with the OCCC Annual Report System in 2026?
The Texas Office of Consumer Credit Commissioner (OCCC) introduced a new annual report system in 2026 for regulated lenders. This change affects how lenders submit their annual financial and operational information to the OCCC. Starting March 1, 2026, regulated lenders are required to use the new online reporting system instead of the previous ALECS system. The new process requires lenders to provide financial information, loan activity, and other required details through the online portal. Lenders should pay close attention to the accuracy and consistency of the information submitted. Financial information reported through the new system should align with the lender’s accounting records and audited financial statements. Some important areas lenders should review include: Annual report requirements: Understand what information must be submitted through the new system. Financial statements: Make sure financial statements are properly prepared and supported by accounting records....