Report of Terms of Credit Card Plans (FR 2572)

ICR 201303-3170-003

OMB: 3170-0001

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2013-06-26
IC Document Collections
IC ID
Document
Title
Status
36266 Modified
ICR Details
3170-0001 201303-3170-003
Historical Active 201207-3170-001
CFPB CFPB-2013-0017
Report of Terms of Credit Card Plans (FR 2572)
Extension without change of a currently approved collection   No
Regular
Approved without change 07/26/2013
Retrieve Notice of Action (NOA) 06/26/2013
  Inventory as of this Action Requested Previously Approved
07/31/2016 36 Months From Approved 07/31/2013
300 0 300
75 0 75
0 0 0

Form FR 2572 collects data on credit card pricing and availability from a sample of at least 150 financial institutions that offer credit cards. The data enable the the Bureau to present information to the public on terms of credit card plans.

US Code: 15 USC 1646(b) Name of Law: Truth in Lending Act (TILA)
   PL: Pub.L. 111 - 24 505 Name of Law: Credit Card Accountability Responsibility and Disclosure Act of 2009
  
None

Not associated with rulemaking

  78 FR 20899 04/08/2013
78 FR 38298 06/26/2013
Yes

1
IC Title Form No. Form Name
Report of Terms of Credit Card Plans FR 2572 Report of Terms of Credit Card Plans

  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 300 300 0 0 0 0
Annual Time Burden (Hours) 75 75 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$31,700
No
No
No
Yes
No
Uncollected
Darrin King 202-693-4129 [email protected]

  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.
06/26/2013


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