Debt Collection Quantitative Disclosure Testing

The Dodd-Frank Wall Street Reform and Consumer Protection Act and other federal consumer financial laws authorize the Consumer Financial Protection Bureau (BCFP or Bureau) to engage in consumer protection rule writing. This PRA clearance request seeks approval from the Office of Management and Budget (OMB) to conduct a web survey of 8,000 individuals as part of the Bureau’s research on debt collection disclosures. The survey will explore consumer comprehension and decision making in response to debt collection disclosure forms. The survey will oversample respondents who have had experience with debt collection in the past.

The latest form for Debt Collection Quantitative Disclosure Testing expires 2022-05-31 and can be found here.