Alert August 06, 2013

CFPB Seeks Public Comment on Information Collections

The CFPB solicited comments on a proposed information collection titled, “Fair Credit Reporting Act (Regulation V).” The information collection seeks public input on: (1) whether the collection of information is necessary for the performance of the CFPB’s functions; (2) whether the CFPB’s estimated burden of collecting information is accurate; (3) ways to enhance the information being collected; and (4) ways to minimize the burden on respondents. Comments are due by September 23, 2013.

The CFPB is also renewing its proposed information collection, titled “Truth in Savings (Regulation DD).”  Comments are due August 30, 2013.