82 FR 51822 - Agency Information Collection Activities: Comment Request

BUREAU OF CONSUMER FINANCIAL PROTECTION

Federal Register Volume 82, Issue 215 (November 8, 2017)

In accordance with the Paperwork Reduction Act of 1995 (PRA), the Bureau of Consumer Financial Protection (Bureau) is requesting to renew the Office of Management and Budget (OMB) approval for an existing information collection, titled ``Financial Coaching Program for Veterans and Low-income Consumers.''

[Federal Register Volume 82, Number 215 (Wednesday, November 8, 2017)]
[Notices]
[Pages 51822-51823]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-24326]


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BUREAU OF CONSUMER FINANCIAL PROTECTION

[Docket No. CFPB-2017-0032]


Agency Information Collection Activities: Comment Request

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice and request for comment.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA), 
the Bureau of Consumer Financial Protection (Bureau) is requesting to 
renew the Office of Management and Budget (OMB) approval for an 
existing information collection, titled ``Financial Coaching Program 
for Veterans and Low-income Consumers.''

DATES: Written comments are encouraged and must be received on or 
before January 8, 2018 to be assured of consideration.

ADDRESSES: You may submit comments, identified by the title of the 
information collection, OMB Control Number (see below), and docket 
number (see above), by any of the following methods:
     Electronic: http://www.regulations.gov. Follow the 
instructions for submitting comments.
     Mail: Consumer Financial Protection Bureau (Attention: PRA 
Office), 1700 G Street NW., Washington, DC 20552.
     Hand Delivery/Courier: Consumer Financial Protection 
Bureau (Attention: PRA Office), 1700 G Street NW., Washington, DC 
20552.
    Please note that comments submitted after the comment period will 
not be accepted. In general, all comments received will become public 
records, including any personal information provided. Sensitive 
personal information, such as account numbers or Social Security 
numbers, should not be included.

FOR FURTHER INFORMATION CONTACT: Documentation prepared in support of 
this information collection request is available at 
www.regulations.gov. Requests for additional information should be 
directed to the Consumer Financial Protection Bureau, (Attention: PRA 
Office), 1700 G Street NW., Washington, DC 20552, (202) 435-9575, or 
email: [email protected]. Please do not submit comments to this 
mailbox.

SUPPLEMENTARY INFORMATION:
    Title of Collection: Financial Coaching Program for Veterans and 
Low-income Consumers.
    OMB Control Number: 3170-0051.
    Type of Review: Extension with change of a currently approved 
collection.
    Affected Public: Individuals.
    Estimated Number of Respondents: 7,200.
    Estimated Total Annual Burden Hours: 3,600.
    Abstract: In early 2015, the Bureau launched a Financial Coaching 
project to provide direct financial coaching services to transitioning 
veterans and economically vulnerable consumers nationwide. In order for 
the Bureau to

[[Page 51823]]

understand whether the program is effective and for the financial 
coaches to be able to deliver efficient services and track clients over 
time, the Bureau will need to take steps to monitor program performance 
and to evaluate the program. This includes collecting administrative 
data about clients for programmatic purposes. The information will be 
collected from the coaches and include a combination of personal 
information (basic contact and demographic information), performance 
metrics (outputs), client-level outcomes (progress towards financial 
goals or other relevant outcomes) and programmatic and organizational 
outcomes.
    The initial information collection request for the administrative 
data collected by coaches from financial coaching clients for 
programmatic and performance monitoring purposes was approved in 2015 
and expires on February 28, 2018. The Financial Coaching project has 
received funding and has now been extended through 2019. As a result, 
this is a request for an extension for administrative data collection. 
In addition, this information request includes a modification, adding 
five questions to the administrative data collection. The five 
questions are part of the Financial Well-being Survey, which received 
approval under OMB Control Number 3170-0063 in order to measure the 
level of financial well-being of American adults and key sub-
populations. This will help us understand the progress clients are 
making and is also in line with the Bureau's overall efforts to be more 
consistent in the information we are collecting.
    Request for Comments: Comments are invited on: (a) Whether the 
collection of information is necessary for the proper performance of 
the functions of the Bureau, including whether the information will 
have practical utility; (b) The accuracy of the Bureau's estimate of 
the burden of the collection of information, including the validity of 
the methods and the assumptions used; (c) Ways to enhance the quality, 
utility, and clarity of the information to be collected; and (d) Ways 
to minimize the burden of the collection of information on respondents, 
including through the use of automated collection techniques or other 
forms of information technology. Comments submitted in response to this 
notice will be summarized and/or included in the request for OMB 
approval. All comments will become a matter of public record.

    Dated: November 2, 2017.
Darrin A. King,
Paperwork Reduction Act Officer, Bureau of Consumer Financial 
Protection.
[FR Doc. 2017-24326 Filed 11-7-17; 8:45 am]
 BILLING CODE 4810-AM-P