From the Archives: July 2013

MCUL Comments on CFPB Agency Information Collection Credit Card Surveys 

On June 7, MCUL responded to the CFPB’s request for comment regarding its credit card survey process. MCUL expressed in its comment letter to the CFPB its concern over the burden imposed upon credit unions selected to participate in the survey process. MCUL appreciates the CFPB’s intentions in conducting such a survey the current process for gathering information imposed on recipients is burdensome and challenging for those credit unions who do not have the resources to comply with the restrictive time constraints.

The CFPB’s request for comment can be found here.

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