Agency Information Collection Activities: Comment Request
By Consumer Financial Protection Bureau
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The brief below is a reading aid. The original source material and source link remain the governing reference.
Operational Brief
The Consumer Financial Protection Bureau (CFPB) is seeking public comments on revising the 'Report of Terms of Credit Card Plans (Form FR 2572) and Consumer and College Credit Card Agreements' information collection. The existing approval under OMB Control Number 3170-0001 will be revised.
Why It Matters for Texas Credit Unions
The article does not mention Texas, TCUD, or any Texas-specific entities. It is a general federal regulation applicable to all credit unions.
Who this most likely affects
Bounded site guidance: This item is most likely relevant for credit unions with retail consumer programs, deposit products, or frontline member-service exposure.
Why this fit: The source language points to consumer treatment, product, or disclosure practices.
This is site guidance, not a formal determination. Federal Register - CFPB and the original source material remain the governing reference.
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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.