Fair Credit Reporting Affiliate Marketing Regulations

ICR 200711-1550-001

OMB: 1550-0112

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2007-11-15
IC Document Collections
IC ID
Document
Title
Status
19984
Modified
ICR Details
1550-0112 200711-1550-001
Historical Active 200407-1550-002
TREAS/OTS
Fair Credit Reporting Affiliate Marketing Regulations
Revision of a currently approved collection   No
Regular
Approved without change 02/01/2008
Retrieve Notice of Action (NOA) 11/16/2007
  Inventory as of this Action Requested Previously Approved
02/28/2011 36 Months From Approved 01/31/2008
217,392 0 235,200
28,955 0 36,010
0 0 0

This collection is required by section 214 of the Fair and Accurate Credit Transaction Act of 2003 (FACT Act) and found in 12 CFR Part 571 of the OTS regulations. This rulemaking generally prohibits a person from using information received from an affiliate to make a solicitation for marketing purposes to a consumer, unless the consumer is given notice and an opportunity to opt out of the making of such solicitations.

US Code: 15 USC 1681-1681x Name of Law: Fair Credit Reporting Act
  
None

1557-AC88 Final or interim final rulemaking 72 FR 215 11/07/2007

  72 FR 33505 06/18/2006
Yes

1
IC Title Form No. Form Name
Fair Credit Reporting Affiliate Marketing Regulations

  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 217,392 235,200 0 -17,808 0 0
Annual Time Burden (Hours) 28,955 36,010 0 -7,055 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
The burden reduction is due to more accurate burden estimates.

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Suzanne McQueen 202 906-6459

  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.
11/16/2007


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