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
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.