[Federal Register Volume 84, Number 231 (Monday, December 2, 2019)]
[Notices]
[Page 65973]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-26021]


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BUREAU OF CONSUMER FINANCIAL PROTECTION

[Docket No. CFPB-2019-0059]


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice and request for comment.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA), 
the Bureau of Consumer Financial Protection (Bureau) is requesting, to 
renew the Office of Management and Budget (OMB) approval for an 
existing information collection titled, ``Generic Information 
Collection Plan for Surveys Using the Consumer Credit Panel.''

DATES: Written comments are encouraged and must be received on or 
before January 2, 2020 to be assured of consideration.

ADDRESSES: Comments in response to this notice are to be directed 
towards OMB and to the attention of the OMB Desk Officer for the 
Bureau. 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:
     Electronic: http://www.regulations.gov. Follow the 
instructions for submitting comments.
     Email: [email protected].
     Fax: (202) 395-5806.
     Mail: Office of Management and Budget, New Executive 
Office Building, Room 10235, Washington, DC 20503.
    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: Documentation prepared in support of 
this information collection request is available at www.reginfo.gov 
(this link becomes active on the day following publication of this 
notice). Select ``Information Collection Review,'' under ``Currently 
under Review,'' use the dropdown menu ``Select Agency'' and select 
``Consumer Financial Protection Bureau'' (recent submissions to OMB 
will be at the top of the list). The same documentation is also 
available at http://www.regulations.gov. Requests for additional 
information should be directed to Darrin King, PRA Officer, at (202) 
435-9575, or email: [email protected]. If you require this document in 
an alternative electronic format, please contact 
[email protected]. Please do not submit comments to these 
email boxes.

SUPPLEMENTARY INFORMATION: 
    Title of Collection: Generic Information Collection Plan for 
Surveys Using the Consumer Credit Panel.
    OMB Control Number: 3170-0066.
    Type of Review: Reinstatement without change of an existing 
information collection.
    Affected Public: Individuals and households.
    Estimated Number of Annual Respondents: 6,000.
    Estimated Total Annual Burden Hours: 3,000.
    Abstract: Under the Dodd-Frank Wall Street Reform and Consumer 
Protection Act (Dodd-Frank Act), the Bureau is charged with 
researching, analyzing, and reporting on topics relating to the 
Bureau's mission, including consumer behavior, consumer awareness, and 
developments in markets for consumer financial products and services. 
In order to improve its understanding of how consumers engage with 
financial markets, the Bureau has used the Consumer Credit Panel (CCP), 
a proprietary sample dataset from one of the national credit reporting 
agencies, as a frame to survey people about their experiences in 
consumer credit markets. The Bureau seeks to obtain approval for a 
generic information collection plan for these types of surveys. Surveys 
conducted under this generic information collection plan will support 
the Bureau's mission to conduct research in areas related to consumer 
finance including research to monitor developments in consumers' 
financial situations, related changes in their use of financial 
products, and the impacts that these decisions have on their balance 
sheets. All research under this plan will be for general, formative, 
and informational research on consumer financial markets and consumers' 
use of financial products and will not directly provide the basis for 
specific policymaking at the Bureau. The Bureau requests approval from 
OMB for a generic information collection plan which will allow the 
Bureau to collect data by administering surveys which use the CCP as a 
survey frame.
    Request for Comments: The Bureau issued a 60-day Federal Register 
notice on September 3, 2019, 84 FR 45998, Docket Number: CFPB-2019-
0049. Comments were solicited and continue to be 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 reviewed by OMB 
as part of its review of this request. All comments will become a 
matter of public record.

    Dated: November 26, 2019.
Darrin King,
Paperwork Reduction Act Officer, Bureau of Consumer Financial 
Protection.
[FR Doc. 2019-26021 Filed 11-29-19; 8:45 am]
 BILLING CODE 4810-AM-P