Agency Information Collection Activities: Comment Request.
In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (Bureau or CFPB) requests the revision of the Office of Management and Bud...
In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (Bureau or CFPB) requests the revision of the Office of Management and Budget's (OMB's) approval of an existing information collection titled “Report of Terms of Credit Card Plans (Form FR 2572) and Consumer and College Credit Card Agreements” approved under OMB Number 3170-0001.
DATES:
Written comments are encouraged and must be received on or before October 30, 2026 to be assured of consideration.
ADDRESSES:
Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to
www.reginfo.gov/public/do/PRAMain.
Find this particular information collection by selecting “Currently under 30-day Review—Open for Public Comments” or by using the search function. 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:
Requests for additional information should be directed to Anthony May, Paperwork Reduction Act Officer, at (202) 435-7278, or email:
CFPB_PRA@cfpb.gov.
If you require this document in an alternative electronic format, please contact
CFPB_Accessibility@cfpb.gov.
Please do not submit comments to these email boxes.
SUPPLEMENTARY INFORMATION:
Title of Collection:
Report of Terms of Credit Card Plans (Form FR 2572) and Consumer and College Credit Card Agreements.
OMB Control Number:
3170-0001.
Type of Review:
Revision of a currently approved collection.
Affected Public:
Private sector.
Estimated Number of Respondents:
520.
Estimated Total Annual Burden Hours:
987.
Abstract:
The Bureau intakes different forms of credit card data from credit card issuers, as required by the Truth in Lending Act (TILA), 15 U.S.C. 1601et seq.,
and implementing regulations.
Information Collection
The Bureau implements three credit card data information collections:
(a)
Terms of Credit Card Plans Survey:
TILA section 136(b) requires the Bureau to collect data on credit card pricing and availability from a broad sample of at least 150 issuers, including the 25 largest issuers of credit cards and not less than 125 additional financial institutions selected by the Bureau.[1]
(b)
Credit Card Quarterly Agreement Submission:
section 204 of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act), amending TILA,[2]
and 12 CFR 1026.58 requires card issuers with 10,000 or more open accounts to submit to the Bureau agreements between the issuer and a consumer under a credit card account for an open-end consumer credit plan.
(c)
College Credit Card Annual Agreement Submission:
section 305 of the CARD Act, amending TILA,[3]
and 12 CFR 1026.57(d) require card issuers to submit to the Bureau any college credit card agreements to which the issuer is a party and certain additional information regarding those agreements.
The data collections enable the Bureau to provide Congress and the public with a centralized and searchable repository for terms of credit card plans, consumer credit card agreements, college credit card agreements, and information regarding the arrangements between financial institutions and institutions of higher education.
Request for Comments:
The Bureau published a 60-day
Federal Register
notice on February 6, 2026 (91 FR 5436) under Docket Number CFPB-2026-0006. The Bureau is publishing this notice and soliciting comments 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 reviewed by OMB as part of its review of this request. All comments will become a matter of public record.
www.reginfo.gov/public/do/PRAMain
15 U.S.C. 1601
12 CFR 1026.58