Agency Information Collection Activities: Comment Request
Published Date: 2/6/2026
Notice
Summary
The Consumer Financial Protection Bureau wants to update a form that credit card companies fill out about their card plans and agreements. This affects about 665 companies and will take around 564 hours total each year to complete. If you have thoughts, send them in by April 7, 2026—your feedback helps keep things clear and fair without extra costs!
Analyzed Economic Effects
3 provisions identified: 0 benefits, 3 costs, 0 mixed.
Sampling Frame Expanded to ~2,200 Issuers
Beginning with the January 1–June 30, 2025 TCCP Survey, the CFPB expanded its sampling frame from about 700 issuers to about 2,200 banks and credit unions that reported credit card balances exceeding $1,000,000. The change also adds issuers with fewer than 10,000 open accounts that previously were excluded.
Possible Increase in Respondents and Sampling Changes
The Bureau is considering options for future survey cycles including (a) no change, (b) making selection probability proportional to a firm's credit card balances, or (c) selecting a new survey panel each biannual cycle and increasing the number of annual respondents from 225 to 450. The CFPB may revise its estimated number of respondents and total annual hours upward to reflect these changes.
Paperwork Burden on Card Issuers
The CFPB proposes revising Form FR 2572 (Report of Terms of Credit Card Plans) and estimates the collection would affect about 665 private-sector respondents and take an estimated 564 total hours each year. If you represent a credit card issuer, this is a reporting obligation that the Bureau is asking to revise and on which it is requesting comments by April 7, 2026.
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