Agency Information Collection Activities: Comment Request
Primary source
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Issuing agencies
Abstract
In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (CFPB) requests the extension of the Office of Management and Budget's (OMB's) approval for an existing information collection titled "Payday, Vehicle Title, and Certain High-Cost Installment Loans" approved under OMB Control Number 3170-0071.
Full Text
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<title>Federal Register, Volume 88 Issue 191 (Wednesday, October 4, 2023)</title>
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[Federal Register Volume 88, Number 191 (Wednesday, October 4, 2023)]
[Notices]
[Pages 68588-68589]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-21910]
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CONSUMER FINANCIAL PROTECTION BUREAU
[Docket No. CFPB-2023-0050]
Agency Information Collection Activities: Comment Request
AGENCY: Consumer Financial Protection Bureau.
ACTION: Notice and request for comment.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA),
the Consumer Financial Protection Bureau (CFPB) requests the extension
of the Office of Management and Budget's (OMB's) approval for an
existing information collection titled ``Payday, Vehicle Title, and
Certain High-Cost Installment Loans'' approved under OMB Control Number
3170-0071.
DATES: Written comments are encouraged and must be received on or
before November 3, 2023 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 <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. 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: <a href="/cdn-cgi/l/email-protection#92d1d4c2d0cdc2c0d3d2f1f4e2f0bcf5fde4"><span class="__cf_email__" data-cfemail="8dcecbddcfd2dddfcccdeeebfdefa3eae2fb">[email protected]</span></a>. If you require this
document in an alternative electronic format, please contact
<a href="/cdn-cgi/l/email-protection#6724213725382604040214140e050e0b0e131e270401170549000811"><span class="__cf_email__" data-cfemail="96d5d0c6d4c9d7f5f5f3e5e5fff4fffaffe2efd6f5f0e6f4b8f1f9e0">[email protected]</span></a>. Please do not submit comments to these
email boxes.
SUPPLEMENTARY INFORMATION:
Title of Collection: Payday, Vehicle Title, and Certain High-Cost
Installment Loans.
OMB Control Number: 3170-0071.
Type of Review: Extension without change of a currently approved
collection.
Affected Public: State, Local, and Tribal Governments.
Estimated Number of Respondents: 9,887.
Estimated Total Annual Burden Hours: 3,189,587.
Abstract: 12 Code of Federal Regulations (CFR) part 1041 applies to
non-depository institutions and loan brokers engaged in consumer
lending, credit intermediation activities, or activities related to
credit intermediation. Additionally, banks and credit unions that make
loans are subject to the regulation. The purpose of this regulation is
to identify certain unfair and abusive acts or practices in connection
with certain consumer credit transactions, to set forth requirements
for preventing such acts or practices, and to provide certain partial
conditional exemptions from aspects of this regulation. This regulation
also contains requirements to ensure that the features of those
consumer credit transactions are fully, accurately, and effectively
disclosed to consumers.
Request for Comments: The Bureau published a 60-day Federal
Register notice on June 23, 2023, (88 FR 41086) under Docket Number:
CFPB-2023-0036 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
[[Page 68589]]
comments will become a matter of public record.
Anthony May,
Paperwork Reduction Act Officer, Consumer Financial Protection Bureau.
[FR Doc. 2023-21910 Filed 10-3-23; 8:45 am]
BILLING CODE 4810-25-P
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</html>This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.