52286 Federal Register / Vol. 82, No. 217 / Monday, November 13, 2017 / Notices 

otherwise been impacted by being 

offered products and services at the time 

when they access and see their credit 

scores? 

13. What features related to how 

regular free access to a credit score is 

offered to consumers appear to be most 

effective in helping consumers make use 

of this service? 

14. The CFPB also offers a number of 

educational supports to help consumers 

understand and act on their credit 

reports and scores, including a Credit 

Reports & Scores information portal 

available at consumerfinance.gov/ 

consumer-tools/credit-reports-andscores/; many frequently asked 

questions in Ask CFPB on the Bureau’s 

Web site; and online brochures that 

include Check your credit report, 

Understand your credit score, You have 

many credit scores, Credit report review 

check list, and a list of consumer 

reporting companies. Is there additional 

educational content or topics that could 

be developed by the CFPB or others to 

support increased consumer 

understanding of credit scores and 

credit reports—for example, educational 

content that focuses on increasing 

awareness of credit scores to young 

consumers; how student debt can 

impact a consumer’s credit score; or a 

person’s credit standing over time, 

which might be of interest to older 

adults/seniors? 

15. Has increased access to free credit 

scores encouraged consumers that use 

this service to also check their credit 

reports or take other steps to learn more 

about their credit standing? What are 

examples of the steps these consumers 

have taken? 

Thank you for your contribution to 

improve consumer financial awareness. 

Dated: November 4, 2017. 

Richard Cordray, 

Director, Bureau of Consumer Financial 

Protection. 

[FR Doc. 2017–24555 Filed 11–9–17; 8:45 am] 

BILLING CODE 4810–AM–P 

BUREAU OF CONSUMER FINANCIAL 

PROTECTION 

[Docket No. CFPB–2017–0034] 

Notice of an Update to the Public List 

of Companies That Offer Customers 

Free Access to a Credit Score 

AGENCY: Bureau of Consumer Financial 

Protection. 

ACTION: Notice. 

SUMMARY: The Dodd-Frank Wall Street 

Reform and Consumer Protection Act of 

2010 (Dodd-Frank) established the 

Office of Financial Education within the 

Bureau of Consumer Financial 

Protection (CFPB or Bureau) to develop 

and launch initiatives that will educate 

consumers and help them make better 

informed financial decisions. 

The CFPB’s Office of Financial 

Education published in March 2017 a 

list of companies that told us they offer 

existing credit card customers free 

access to a credit score. The Bureau is 

updating this list and will use the 

responses received to this notice to 

publish an updated list. The Bureau will 

leverage this updated list to bring 

consumer attention to the topic of 

consumers’ credit standing, of which 

their credit score is a valuable indicator. 

The Bureau will follow up the 

publication of this updated list with 

content to educate consumers about the 

availability of credit scores and credit 

reports and how this information can be 

used effectively. 

DATES: Comments must be received on 

or before January 12, 2018 to be assured 

of consideration. 

ADDRESSES: You may submit comments 

regarding the ‘‘Notice of an Update to 

the Public List of Companies That Offer 

Customers Free Access to a Credit 

Score,’’ identified by title and by Docket 

No. CFPB–2017–0034, by any of the 

following methods: 

• Electronic: http://

www.regulations.gov. Follow the 

instructions for submitting comments. 

• Mail: Consumer Financial 

Protection Bureau (Attention: Office of 

Financial Education), 1700 G Street 

NW., Washington, DC 20552. 

• Hand Delivery/Courier: Consumer 

Financial Protection Bureau (Attention: 

Office of Financial Education), 1700 G 

Street NW., Washington, DC 20552. 

Instructions: The Bureau encourages 

the early submission of comments. All 

submissions must include the document 

title and docket number. Because paper 

mail in the Washington, DC area and at 

the Bureau is subject to delay, 

commenters are encouraged to submit 

comments electronically. In general, all 

comments received will be posted 

without change to http://

www.regulations.gov. In addition, 

comments will be available for public 

inspection and copying at 1700 G Street 

NW., Washington, DC 20552, on official 

business days between the hours of 10 

a.m. and 5 p.m. eastern standard time. 

You can make an appointment to 

inspect the documents by telephoning 

202–435–7275. 

All submissions, including 

attachments and other supporting 

materials, will become part of the public 

record and subject to public disclosure. 

Do not include sensitive personal 

information such as account numbers or 

Social Security numbers. Comments 

will not be edited to remove any 

identifying or contact information, such 

as name and address information, email 

addresses, or telephone numbers. 

FOR FURTHER INFORMATION CONTACT: For 

general inquiries, submission process 

questions or any additional information, 

please contact Monica Jackson, Office of 

the Executive Secretary, at 202–435– 

7275. For information about the ‘‘Notice 

of an Update to the Public List of 

Companies That Offer Customers Free 

Access to a Credit Score,’’ please contact 

Irene Skricki, Office of Financial 

Education, at 202–435–7181. 

SUPPLEMENTARY INFORMATION:

I. Background 

Over the last few years, many 

financial institutions, credit card 

issuers, and other companies have 

offered consumers free access to a credit 

score, giving consumers an important 

tool to manage their financial lives. The 

Consumer Financial Protection Bureau 

(‘‘the Bureau’’) would like to highlight 

and build consumer awareness of this 

practice. A core part of the mission of 

the Bureau is educating and 

empowering consumers to take more 

control over their financial lives. The 

Bureau believes that enabling 

consumers to see their credit scores can 

be a first step towards consumers 

learning about their credit history, 

becoming aware of and encouraged to 

request a free copy of their credit 

reports, ensuring the accuracy and 

completeness of their credit reports, and 

ultimately making informed decisions 

about credit that serve their own 

financial and life goals. 

The Bureau published in March 2017 

a list of companies that told us they 

offer existing credit card customers free 

access to a credit score. The Bureau is 

updating this list and will use the 

responses received to this Notice to 

publish an updated list. 

The Bureau will leverage this updated 

list to bring consumer attention to the 

topic of consumers’ credit standing, of 

which their credit score is a valuable 

indicator. The Bureau will follow up the 

publication of this updated list with 

content to educate consumers about the 

availability of credit scores and credit 

reports and how this information can be 

used effectively. 

If your company was included on the 

list published in March 2017 and would 

like to be included in the updated list, 

your company must submit a new entry. 

Please indicate in your comment if your 

company would like the entry 


asabaliauskas on DSKBBXCHB2PROD with NOTICES
Federal Register / Vol. 82, No. 217 / Monday, November 13, 2017 / Notices 52287 

1 ‘‘Credit card issuer’’ refers to any entity to 

which a consumer is legally obligated, or would be 

legally obligated, under the terms of a credit card 

agreement. Alternatively, you can also be included 

in this list if you are a bank or a credit union and 

you contract with a third party to issue credit cards 

on your behalf and under your brand name. 

2 ‘‘Customers’’ refers to individuals, not 

corporations or small businesses. 

3By ‘‘credit score’’ we refer to a score that is 

empirically derived, demonstrably and statistically 

sound, and based on current data from a consumer 

reporting agency to predict the likelihood of certain 

credit behavior for the applicant. 

submitted last year to be included in the 

new list without any changes. Or, 

alternatively, please submit a new entry 

providing an update on how your 

company offers this service to 

consumers. 

II. Criteria To Be Included in the 

Update to This Public List 

If your company is a credit card 

issuer, fits the criteria outlined below, 

and would like to be included in the 

updated list the Bureau plans to 

publish, contact us by following the 

instructions included in this Notice for 

submitting an entry.1

If your company is not a credit card 

issuer, but offers existing consumer 

customers free access to a credit score, 

fits the criteria outlined below, and 

would like to be included in a possible 

list for companies in other markets, you 

may contact us as well. Depending on 

the feedback received, the Bureau may 

decide to expand the scope of the initial 

list of companies offering free credit 

scores beyond credit card issuers to 

companies in some other markets, 

include such companies in a future 

separate list, or decide not to publish a 

list of companies in other markets 

offering this service. 

To be included in this list of credit 

card issuers, or in a possible list of 

companies in other markets, you must 

meet the following criteria: 

• Offer or provide a consumer 

financial product or service; 

• Offer existing customers 2 (at least 

some, but not necessarily all) the ability 

to obtain free of charge a credit score 3

that either your company or other 

lenders use for account origination, 

portfolio management, or for other 

business purposes; 

• Offer this access to a credit score on 

a continuous basis, as opposed to on a 

time-limited or promotional basis, and 

periodically update the score. 

You may include other information 

you think is relevant for consumers 

reading the public list to understand 

whether the service applies to them. 

The updated list will include a link to 

the comment your company submits— 

or a link to your company’s entry from 

last year, if you indicate that you would 

like last year’s submission to be 

included again. Consumers reading the 

list will be encouraged to check this 

information, or to contact each 

company, to find out which specific 

credit card or financial products are 

eligible for the service, and on what 

conditions, if any. 

By responding to this Federal 

Register Notice (FRN) you are stating 

that you meet the criteria and are 

consenting to include the name of your 

company in a public list of credit card 

issuers, or in a possible list of 

companies in other markets as 

applicable, offering free access to credit 

scores to their existing customers. The 

Bureau reserves the right to conduct due 

diligence on a company’s assertions 

about meeting the criteria stated in this 

notice. Your response to this FRN and 

inclusion in this public list are 

completely voluntary, and your choice 

to do so, or refrain from doing so, is not 

connected to supervisory activity by the 

Bureau. 

We emphasize that these lists will be 

created to further inform the public 

about where to find a credit score, and 

will not be an endorsement of the 

financial institutions, credit card 

issuers, or any other company 

mentioned in any document the Bureau 

publishes. 

Thank you for your contribution to 

improve consumer financial awareness. 

Dated: November 4, 2017. 

Richard Cordray, 

Director, Bureau of Consumer Financial 

Protection. 

[FR Doc. 2017–24552 Filed 11–9–17; 8:45 am] 

BILLING CODE 4810–AM–P 

DEPARTMENT OF EDUCATION 

[Docket No.: ED–2017–ICCD–0136] 

Agency Information Collection 

Activities; Comment Request; Teacher 

Education Assistance for College and 

Higher Education Grant Eligibility 

Regulations 

AGENCY: Federal Student Aid (FSA), 

Department of Education (ED). 

ACTION: Notice. 

SUMMARY: In accordance with the 

Paperwork Reduction Act of 1995, ED is 

proposing an extension of an existing 

information collection. 

DATES: Interested persons are invited to 

submit comments on or before January 

12, 2018. 

ADDRESSES: To access and review all the 

documents related to the information 

collection listed in this notice, please 

use http://www.regulations.gov by 

searching the Docket ID number ED– 

2017–ICCD–0136. Comments submitted 

in response to this notice should be 

submitted electronically through the 

Federal eRulemaking Portal at http://

www.regulations.gov by selecting the 

Docket ID number or via postal mail, 

commercial delivery, or hand delivery. 

Please note that comments submitted by 

fax or email and those submitted after 

the comment period will not be 

accepted. Written requests for 

information or comments submitted by 

postal mail or delivery should be 

addressed to the Director of the 

Information Collection Clearance 

Division, U.S. Department of Education, 

400 Maryland Avenue SW., LBJ, Room 

216–34, Washington, DC 20202–4537. 

FOR FURTHER INFORMATION CONTACT: For 

specific questions related to collection 

activities, please contact Beth 

Grebeldinger, 202–377–4018. 

SUPPLEMENTARY INFORMATION: The 

Department of Education (ED), in 

accordance with the Paperwork 

Reduction Act of 1995 (PRA) (44 U.S.C. 

3506(c)(2)(A)), provides the general 

public and Federal agencies with an 

opportunity to comment on proposed, 

revised, and continuing collections of 

information. This helps the Department 

assess the impact of its information 

collection requirements and minimize 

the public’s reporting burden. It also 

helps the public understand the 

Department’s information collection 

requirements and provide the requested 

data in the desired format. ED is 

soliciting comments on the proposed 

information collection request (ICR) that 

is described below. The Department of 

Education is especially interested in 

public comment addressing the 

following issues: (1) Is this collection 

necessary to the proper functions of the 

Department; (2) will this information be 

processed and used in a timely manner; 

(3) is the estimate of burden accurate; 

(4) how might the Department enhance 

the quality, utility, and clarity of the 

information to be collected; and (5) how 

might the Department minimize the 

burden of this collection on the 

respondents, including through the use 

of information technology. Please note 

that written comments received in 

response to this notice will be 

considered public records. 

Title of Collection: Teacher Education 

Assistance for College and Higher 

Education Grant Eligibility Regulations. 

OMB Control Number: 1845–0084. 

Type of Review: An extension of an 

existing information collection. 

Respondents/Affected Public: State, 

Local, and Tribal Governments; 


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