[Federal Register Volume 73, Number 104 (Thursday, May 29, 2008)]
[Proposed Rules]
[Pages 30814-30818]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-11961]

Proposed Rules
                                                Federal Register

This section of the FEDERAL REGISTER contains notices to the public of 
the proposed issuance of rules and regulations. The purpose of these 
notices is to give interested persons an opportunity to participate in 
the rule making prior to the adoption of the final rules.


Federal Register / Vol. 73, No. 104 / Thursday, May 29, 2008 / 
Proposed Rules

[[Page 30814]]


12 CFR Part 222

[Regulation V; Docket No. R-1316]


16 CFR Part 698

RIN 3084-AA94

Fair Credit Reporting Risk-Based Pricing Regulations; Correction

AGENCIES: Board of Governors of the Federal Reserve System (Board) and 
Federal Trade Commission (Commission).

ACTION: Notice of proposed rulemaking; correction.


SUMMARY: This document contains corrections to proposed rules published 
in the Federal Register on May 19, 2008 (73 FR 28966) implementing the 
risk-based pricing provisions in section 311 of the Fair and Accurate 
Credit Transactions Act of 2003 (FACT Act).

FOR FURTHER INFORMATION CONTACT: Board: Amy E. Burke, Senior Attorney, 
Division of Consumer and Community Affairs, (202) 452-3667 or (202) 
452-2412; or Andrea K. Mitchell, Senior Attorney, Legal Division, (202) 
452-2458, Board of Governors of the Federal Reserve System, 20th and C 
Streets, NW., Washington, DC 20551. For users of a Telecommunications 
Device for the Deaf (TDD) only, contact (202) 263-4869.
    Commission: Kellie Cosgrove Riley, Senior Attorney, or Stacey 
Brandenburg, Attorney, Division of Privacy and Identity Protection, 
Bureau of Consumer Protection, (202) 326-2252, Federal Trade 
Commission, 600 Pennsylvania Avenue, NW., Washington, DC 20580.



    On May 19, 2008, the Board and the Commission published in the 
Federal Register proposed rules (73 FR 28966) to implement the risk-
based pricing provisions in section 311 of the FACT Act. The proposal 
includes model forms that creditors can use to comply with the 
requirements of the proposed rules.

Need for Correction

    Due to a technical error, the second page of Model form H-4 of the 
Board's proposal and Model form B-4 of the Commission's proposal, as 
published, erroneously included a row entitled ``Key factors that 
adversely affected your credit score.'' As discussed in the preamble to 
the proposed rules, the notice provided in connection with the credit 
score disclosure exception for non-mortgage credit is not required to 
include the key factors that affected the credit score (73 FR 28983). 
This document corrects this error by amending Model forms H-4 and B-4 
to delete this row.

Correction of Publication

    The proposed rule, FR Doc. E8-10640, published in the Federal 
Register on May 19, 2008 (73 FR 28966) is corrected as follows:


    1. On pages 29004-29005, Model form H-4 is corrected to read as 

[[Page 30815]]


[[Page 30816]]



    2. On pages 29018-29019, Model form B-4 is corrected to read as 

[[Page 30817]]


[[Page 30818]]


    By order of the Secretary of the Board acting under delegated 
authority, May 22, 2008.
Robert deV. Frierson,
Deputy Secretary of the Board, Federal Reserve System.
    By direction of the Commission.
Donald S. Clark,
Secretary, Federal Trade Commission.
[FR Doc. E8-11961 Filed 5-28-08; 8:45 am]
BILLING CODE 6210-01-P, 6750-01-C