[Federal Register Volume 81, Number 173 (Wednesday, September 7, 2016)]
[Notices]
[Pages 61671-61672]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-21389]
=======================================================================
-----------------------------------------------------------------------
BUREAU OF CONSUMER FINANCIAL PROTECTION
[Docket No: CFFPB-2016-0044]
Agency Information Collection Activities: Submission for OMB
Review; Comment Request
AGENCY: Bureau of Consumer Financial Protection.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA),
the Consumer Financial Protection Bureau (Bureau) is proposing a new
generic information collection plan titled, ``Generic Information
Collection Plan for Surveys Using the Consumer Credit Panel.''
DATES: Written comments are encouraged and must be received on or
[[Page 61672]]
before October 7, 2016 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.
OMB: Office of Management and Budget, New Executive Office
Building, Room 10235, Washington, DC 20503 or fax to (202) 395-5806.
Mailed or faxed comments to OMB should be to the attention of the OMB
Desk Officer for the Bureau of Consumer Financial Protection.
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.reginfo.gov
(this link active on the day following publication of this notice).
Select ``information Collection Review,'' under ``Currently under
review, use the dropdown menu ``Select Agency'' and select ``Consumer
Financial Protection Bureau'' (recent submissions to OMB will be at the
top of the list). The same documentation is also available at http://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 email box.
SUPPLEMENTARY INFORMATION:
Title of Collection: Generic Information Collection Plan for
Surveys Using the Consumer Credit Panel.
OMB Control Number: 3170-XXXX.
Type of Review: Request for a new OMB Control Number.
Affected Public: Individuals and Households.
Estimated Number of Respondents: 8,500.
Estimated Total Annual Burden Hours: 4,250.
Abstract: Under the Dodd-Frank Wall Street Reform and Consumer
Protection Act, the Consumer Financial Protection Bureau is charged
with researching, analyzing, and reporting on topics relating to the
Bureau's mission, including consumer behavior, consumer awareness, and
developments in markets for consumer financial products and services.
In order to improve its understanding of how consumers engage with
financial markets, the CFPB has successfully used the Consumer Credit
Panel (CCP), a proprietary sample dataset from one of the national
credit reporting agencies, as a frame to survey people about their
experiences in consumer credit markets. The Bureau seeks to obtain
approval for a generic information collection plan for these types of
surveys. Surveys conducted under this generic information collection
plan will support the Bureau's research agenda to monitor developments
in consumers' financial situations, related changes in their use of
financial products, and the impacts that these decisions have on their
balance sheets. All research under this plan will be for general,
formative, and informational research on consumer financial markets and
consumers' use of financial products and will not directly provide the
basis for specific policymaking at the Bureau.
REQUEST FOR COMMENTS: The Bureau issued a 60-day Federal Register
notice on March 3, 2015 (80 FR 15194). Comments were solicited and
continue to be 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. Upon submission of this request to OMB the Bureau issued a
30-day Federal Register notice on June 25, 2015 (80 FR 36521). After
further consultation with OMB, the Bureau revised this request to
include additional 30 day public notices for each study submitted to
OMB for review under this information collection plan. Therefore, upon
submission of each study submitted to OMB under this information
collection plan, the Bureau will publish a notice in the Federal
Register proving the public 30 days to comment on each study. Comments
will be directed to OMB to inform its review of each request made under
this information collection plan. All comments will become a matter of
public record.
Dated: August 31, 2016.
Darrin A. King,
Paperwork Reduction Act Officer, Bureau of Consumer Financial
Protection.
[FR Doc. 2016-21389 Filed 9-6-16; 8:45 am]
BILLING CODE 4810-AM-P