(a) Purpose. The purpose of this subchapter is to assist in the administration and enforcement of Texas Finance Code, Chapter 342.(b) Scope.(1) This subchapter applies to all persons engaged in the business of making, transacting, or negotiating loans subject to Texas Finance Code, Chapter 342. As such, this subchapter only applies to lenders and brokers in the business of making, transacting, or negotiating loans that:(A) contract for, charge, or receive interest in excess of 10% per year;(B) are loans extended primarily for personal, family, or household use to a person located in Texas at the time the loan is made; and(C) are either:(i) unsecured;(ii) secured under a secondary mortgage loan; or(iii) secured by personal property.(2) This subchapter applies to term loans extended primarily for personal, family, or household purposes.(3) This subchapter also applies to a loan broker who arranges, negotiates, or brokers loans for a lender that funds the loan. This subchapter does not apply to any loans made under Texas Finance Code, Chapters 301 - 308 or Chapter 339, including commercial and agricultural loans.