Domestic Finance Company Report of Consolidated Assets and Liabilities

ICR 202203-7100-001

OMB: 7100-0005

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Form
Modified
Form
Modified
Supporting Statement A
2022-03-25
IC Document Collections
IC ID
Document
Title
Status
35980 Modified
185888 Modified
185887 Modified
ICR Details
7100-0005 202203-7100-001
Active 201903-7100-012
FRS FR 2248
Domestic Finance Company Report of Consolidated Assets and Liabilities
Extension without change of a currently approved collection   No
Delegated
Approved without change 03/25/2022
Retrieve Notice of Action (NOA) 03/25/2022
  Inventory as of this Action Requested Previously Approved
03/31/2025 36 Months From Approved 03/31/2022
2,100 0 2,100
750 0 750
0 0 0

The FR 2248 is collected monthly as of the last calendar day of the month from a stratified sample of finance companies. Each monthly report collects balance sheet data on major categories of consumer and business credit receivables and on major short-term liabilities. For quarter-end months (March, June, September, and December), additional asset and liability items are collected to provide a full balance sheet. A supplemental section collects data on securitized assets. Board staff may ask either quantitative or qualitative questions through the use of a special addendum section no more than twice per year. The data are used to construct universe estimates of finance company holdings, which are published in the monthly statistical releases Finance Companies (G.20) and Consumer Credit (G.19), and in the quarterly statistical release Financial Accounts of the United States (Z.1).

US Code: 12 USC 225a Name of Law: Federal Reserve Act
   US Code: 12 USC 263 Name of Law: Federal Reserve Act
  
None

Not associated with rulemaking

  86 FR 60819 11/04/2021
87 FR 9053 02/17/2022
No

  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 2,100 2,100 0 0 0 0
Annual Time Burden (Hours) 750 750 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$110,500
No
    Yes
    No
No
No
No
No
Richard Palmer 202 502-8438 [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.
03/25/2022


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