OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Debt Cancellation Contracts and Debt Suspension Agreements - 12 CFR Part 37

ICR 200508-1557-002 · OMB 1557-0224 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC IDCollectionTypeStatusForm
20132 Debt Cancellation Contracts and Debt Suspension Agreements - 12 CFR Part 37 Migrated
ICR Details
1557-0224 200508-1557-002
Historical Active 200209-1557-001
TREAS/OCC
Debt Cancellation Contracts and Debt Suspension Agreements - 12 CFR Part 37
Extension without change of a currently approved collection   No
Regular
Approved without change 11/03/2005
Retrieve Notice of Action (NOA) 08/30/2005
  Inventory as of this Action Requested Previously Approved
11/30/2008 11/30/2008 11/30/2005
2,200 0 2,200
52,800 0 52,800
0 0 0
Part 37 requires national banks to make certain disclosures to customers prior to the purchase of debt cancellation contracts (DCCs) and debt suspension agreements (DSAs). The disclosures are intended to establish standards to promote the protection of customers who buy DCCs and DSAs and to ensure that national banks providing DCCs and DSAs do so on a safe and sound basis.
None
None
No
1
IC Title Form No. Form Name
Debt Cancellation Contracts and Debt Suspension Agreements - 12 CFR Part 37
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 2,200 2,200 0 0 0 0
Annual Time Burden (Hours) 52,800 52,800 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
  No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
08/30/2005