OMB control number

Debt Cancellation Contracts and Debt Suspension Agreements

OMB 1557-0224 · TREAS/OCC.

OMB 1557-0224

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.

The latest form for Debt Cancellation Contracts and Debt Suspension Agreements expires 2027-11-30 and can be found here.

Latest Forms, Documents, and Supporting Material

Document Name
1557-0224 30-Day FRN - Debt Cancellation Contracts (89 FR 71783).pdf Supplementary Document
1557-0224 Supporting Statement - Debt Cancellation Contracts (FINAL).docx Supporting Statement A
1557-0224 60-Day FRN - Debt Cancellation Contracts PUBLISHED.pdf Supplementary Document
Debt Cancellation Contracts and Debt Suspension Agreements - 12 CFR Part 37

All Historical Document Collections

202405-1557-007	Reinstatement with change of a previously approved collection	2024-09-03
202103-1557-004 Approved without change	Extension without change of a currently approved collection	2021-04-27
201712-1557-001 Approved without change	Revision of a currently approved collection	2017-12-20
201410-1557-002 Approved without change	Extension without change of a currently approved collection	2014-12-31
201103-1557-004 Approved without change	Extension without change of a currently approved collection	2011-11-17
200809-1557-003 Approved without change	Revision of a currently approved collection	2008-11-06
200508-1557-002 Approved without change	Extension without change of a currently approved collection	2005-08-30
200209-1557-001 Approved without change	Revision of a currently approved collection	2002-09-23
200104-1557-002 Approved without change	New collection (Request for a new OMB Control Number)	2001-04-18