Electronic Consent Based
Social Security Number Verification
material or nonsubstantive change to a currently approved
The eCBSV process is a fee-based SSN
verification service that will allow permitted entities to verify
an individual’s SSN based on the SSN holder’s signed, including
electronic, consent in connection with a credit transaction or any
circumstance described in Section 604 of the Fair Credit Reporting
Act (15 USC 1681b). The respondents to the eCBSV collection are the
permitted entities; members of the public who consent to the
disclosure of SSN verifications; and CPAs who provide compliance
review services. We are completing a Non-Substantive Change Request
to transition eCBSV registration over to the EAZE Management
Portal. This transition will not impact the eCBSV customers or our
Pub.L. 115 - 174 2155 Name of Law: Economic Growth, Regulatory
Relief, and Consumer Protection Act of 2018
When we last cleared this
information collection in 2020, the burden was 20,468,687 hours.
However, we are currently reporting a burden of 73,356,159 hours.
This change stems from an increase in the number of responses from
614,000,040 to 2,200,000,452. There is no change to the burden time
per response. These figures represent current Management
Information data for the full release of the eCBSV service.