Notice2026-02456
Agency Information Collection Activities: Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
February 6, 2026
Issuing agencies
Consumer Financial Protection Bureau
Abstract
In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (CFPB or Bureau) is requesting to revise 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 Control Number 3170-0001.
Full Text
<html>
<head>
<title>Federal Register, Volume 91 Issue 25 (Friday, February 6, 2026)</title>
</head>
<body><pre>
[Federal Register Volume 91, Number 25 (Friday, February 6, 2026)]
[Notices]
[Pages 5436-5437]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-02456]
=======================================================================
-----------------------------------------------------------------------
CONSUMER FINANCIAL PROTECTION BUREAU
[Docket No. CFPB-2026-0006]
Agency Information Collection Activities: Comment Request
AGENCY: Consumer Financial Protection Bureau.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA),
the Consumer Financial Protection Bureau (CFPB or Bureau) is requesting
to revise an existing
[[Page 5437]]
information collection titled ``Report of Terms of Credit Card Plans
(Form FR 2572) and Consumer and College Credit Card Agreements''
approved under OMB Control Number 3170-0001.
DATES: Written comments are encouraged and must be received on or
before April 7, 2026 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:
<bullet> Federal eRulemaking Portal: <a href="http://www.regulations.gov">http://www.regulations.gov</a>.
Follow the instructions for submitting comments.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#1a4a485b45597577777f746e695a797c6a78347d756c"><span class="__cf_email__" data-cfemail="fbaba9baa4b89496969e958f88bb989d8b99d59c948d">[email protected]</span></a>. Include Docket No. CFPB-
2026-0006 in the subject line of the email.
<bullet> Mail/Hand Delivery/Courier: Comment Intake, Consumer
Financial Protection Bureau (Attention: PRA Office), 1700 G Street NW,
Washington, DC 20552. Because paper mail in the Washington, DC area and
at the CFPB is subject to delay, commenters are encouraged to submit
comments electronically.
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: Requests for additional information
should be directed to Anthony May, PRA Officer, at (202) 435-7278, or
email: <a href="/cdn-cgi/l/email-protection#55161305170a05071415363325377b323a23"><span class="__cf_email__" data-cfemail="296a6f796b76797b68694a4f594b074e465f">[email protected]</span></a>. If you require this document in an
alternative electronic format, please contact
<a href="/cdn-cgi/l/email-protection#fbb8bdabb9a4ba98989e888892999297928f82bb989d8b99d59c948d"><span class="__cf_email__" data-cfemail="e4a7a2b4a6bba587878197978d868d888d909da487829486ca838b92">[email protected]</span></a>. 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: 665.
Estimated Total Annual Hours: 564.
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. 1601 et seq. and implementing regulations.
1. 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 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.
(b) Credit Card Quarterly Agreement Submission: section 204 of the
Credit Card Accountability Responsibility and Disclosure Act of 2009
(CARD Act), amending TILA, 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, 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.
2. Modifications to the TCCP Survey
Beginning with the January 1-June 30, 2025 TCCP Survey, the Bureau
developed a new sampling approach to be more consistent with the tenets
of the Restoring Gold Standard Science Executive Order (E.O.14303).
First, the CFPB expanded the sampling frame beyond the approximately
700 credit card issuers already in its Collect system to about 2,200
banks and credit unions with credit card balances exceeding $1 million
as reported in the issuer's most recent Call Report. Second, the CFPB
employed a stratified random sampling procedure to select firms that
would be asked to participate in the survey.
Previously, sampling frames were limited to the population of
financial institutions with 10,000 or more open accounts that are
required to submit credit card agreements to the CFPB through the
Collect system. The new approach added credit card issuers with fewer
than 10,000 open accounts that had not previously participated in the
CFPB's credit card agreement or survey collections.
The Bureau is considering a number of options for future survey
cycles to meet the requirements of TILA, adhere to tenets of Gold
Standard Science, and minimize unnecessary burden on financial
institutions. The options include:
(a) Making no additional changes;
(b) Modifying the sample selection methodology to make the
likelihood of selecting a financial institution proportional to the
size of its credit card balances; or
(c) Selecting a new survey panel each biannual cycle, rather
retaining some financial institutions across cycles, and increasing the
number of annual respondents from 225 to 450.
Comments are invited on the Bureau's approach to selecting
institutions to participate in the survey and the burden considerations
for smaller credit card issuers.
The Bureau will consider revising the Estimated Number of
Respondents and Estimated Total Annual Hours higher to reflect changes
to the sampling approach.
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's
approval. All comments will become a matter of public record.
Anthony May,
Paperwork Reduction Act Officer, Consumer Financial Protection Bureau.
[FR Doc. 2026-02456 Filed 2-5-26; 8:45 am]
BILLING CODE 4810-AM-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on February 6, 2026.
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.