COVID Attorney General Opinion. Pawnshops & Interest Rates.

The Attorney General Office: Texas

What question will Texas Attorney General Opinion answer? Whether or not Dallas County Commission has authority to change interest rates charged by pawn shops

What limitations did Dallas County Commissioners impose on pawn shops?

• Limit customers to 1 in the facility at a time
• maximum 15% APR
• extend how long a pawn shop must hold property
• with penalties of up to 180 days in jail and a $1000 fine

RQ- 0347- KP (2020)