Recordkeeping and Disclosure Requirements in Connection with Regulation B (Equal Credit Opportunity)

ICR 200508-7100-004

OMB: 7100-0201

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
ICR Details
7100-0201 200508-7100-004
Historical Active 200303-7100-005
FRS
Recordkeeping and Disclosure Requirements in Connection with Regulation B (Equal Credit Opportunity)
No material or nonsubstantive change to a currently approved collection   No
Delegated
Approved without change 08/16/2005
Retrieve Notice of Action (NOA) 08/16/2005
  Inventory as of this Action Requested Previously Approved
10/31/2005 10/31/2005 10/31/2005
6,853,224 0 6,143,512
186,207 0 175,711
0 0 0

Regulation B prohibits creditors from discriminating against credit applicants on any of the basis specifically mentioned in the Equal Credit Opportunity Act, establishes guidelines for gathering and evaluating credit information and requires creditors to retain records as evidence of compliance.

None
None


No

1
IC Title Form No. Form Name
Recordkeeping and Disclosure Requirements in Connection with Regulation B (Equal Credit Opportunity) REGULATION-B

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 6,853,224 6,143,512 0 709,712 0 0
Annual Time Burden (Hours) 186,207 175,711 0 10,496 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
08/16/2005


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