CARD Act Reporting Requirements

NOTE: This email is sent out annually and the dates herein are updated each time it is sent
out to reflect collection of the current year’s data only

From: Bentovim, Max (CFPB)
Sent: Monday, February 13, 2017 9:52 AM
To: CFPB_CollegeCardAgreements
Subject: 2016 College Credit Card Agreement Collection from Consumer Financial Protection Bureau
Importance: High

Good morning,

Thank you for your participation in last year’s college credit card agreement information collection. If
you are new to this reporting, you can also find the Bureau’s previous reports to Congress here:
http://www.consumerfinance.gov/credit-cards/college-agreements/.

The annual submission of college credit card agreements and accompanying data is due by Friday,
March
31, 2017. This collection has been approved by the Office of Management and Budget, and bears OMB
approval number 3170-0052. While the substantive terms of the collection remain unchanged, the
Bureau now allows the attached Excel template to be completed as an alternative to .txt file. Several
issuers reported that the .txt file requirement generated confusion, so our hope is that this option will
reduce burden for you. Please do not make adjustments to the Excel form.

Please continue to use the field definitions found in the attached Federal Reserve guidance (relevant
definitions begin on page 21). Your submission must include: (1) a completed metadata file, and (2) a
PDF of each agreement in effect at any point in 2016. Please send your submission by the deadline to
[email protected].

If you need to send your submission via physical mail, or if you have any questions, please contact us at
[email protected].

Thank you and best regards,

Max Bentovim
Financial Analyst
Card, Payments, and Deposits Markets
Research, Markets, and Regulations
Consumer Financial Protection Bureau
1275 First St NE
Washington, DC 20002
[email protected]
202-550-3497 (mobile)

Paperwork Reduction Act
According to the Paperwork Reduction Act of 1995, an agency may not
conduct or sponsor, and a person is not required to respond to a collection of information unless it
displays a valid OMB control number. The OMB control number for this collection is 3170-0052. It
expires on XX/XX/XXXX. The time required to complete this information collection is estimated to
average approximately 1 hour per response. The obligation to respond to this collection of information
is mandatory. (12 CFR § 1026.57(d); and 15 U.S.C. § 1637(r)). Comments regarding this collection of
information, including the estimated response time, suggestions for improving the usefulness of the
information, or suggestions for reducing the burden to respond to this collection should be submitted to
Bureau at the Consumer Financial Protection Bureau (Attention: PRA Office), 1700 G Street NW,
Washington, DC 20552, or by email to [email protected].

Confidentiality Notice: If you received this email by mistake, you should notify the sender of
the mistake and delete the e-mail and any attachments. An inadvertent disclosure is not
intended to waive any privileges.

Attachments: Technical Specifications Document College Credit card Agreement Metadata Template