Type:Notice
Citation:90 FR 17936
Reading Time:about 3 minutes
The Federal Trade Commission (FTC) is requesting public comments regarding their proposal to extend for three years the current Paperwork Reduction Act (PRA) clearance, which involves information collection related to the Duties of Consumer Reporting Agencies' rule. This effort is overseen in part with the Consumer Financial Protection Bureau (CFPB), and the collection requirement enables consumers to receive one free file disclosure per year from consumer reporting agencies. Public comments must be submitted by May 30, 2025.
Simple Explanation
The FTC wants to keep a rule that lets people see a report about themselves for free once a year, and they're asking people to tell them what they think about this idea by the end of May 2025.