Regulatory Compliance

Receivables Solutions Inc. observes the various regulations that govern the activities of our collection agency. Receivables Solutions, Inc. strictly complies to the various Federal and State (where applicable) Fair Debt Collection Practices Act (FDCPA), the Gramm Leach Bliley, Privacy Act Fair Credit Reporting Act, the Personal Privacy Act of 1974, and all other applicable regulations, policies and procedures that govern the U.S. collection industry. (First and third-party collection federal and state debt collection and consumer protection laws).

Regulation Changes & Safeguarding Compliance

Receivables Solutions Inc. support systems enables the company to react quickly to regulatory changes, updates and new industry developments through our extensive network of industry associations and compliance driven technology.

CFPB Compliance

Receivables Solutions Inc.’s business model and operations has adopted strict controls that takes Consumer Financial Protection Bureau (CFPB) compliance under continual review to eradicate industry violations. We have taken into account the following areas of compliance: Internal operations structure and processes, communications with consumers under the Fair Debt Collection Practices Act (FDCPA) and Unfair, Deceptive or Abusive Acts or Practices (UDAAP) regulations under the Dodd-Frank Act, Privacy and Interactions with Consumer Reporting Agencies, Policies and Procedures to address Consumer Complaints, Dispute Resolution and Debt Validation, Payment Processing and Account Maintenance, Compliance with the Equal Credit Opportunity Act, Control of Litigation Practices and Time-Barred Debt.

Regulatory Compliance

Receivables Solutions Inc. strictly adheres to all State and Federal First and Third Party collection laws, and consumer protection laws. In accordance to the Dodd-Frank Wall Street Reform and Consumer Protection Act, Fair Debt Collection Practices Act (FDCPA), the Gramm Leach Bliley, Privacy Act Fair Credit Reporting Act, the Personal Privacy Act of 1974, and all other applicable regulations, policies and procedures that govern the U.S. collection industry. (First and third-party collection federal and state debt collection and consumer protection laws).

  • Health Information Portability and Accounting Act (HIPAA)
  • Gramm Leach Bliley Act (GLBA)
  • Fair Debt Collection Practices Act (FDCPA)
  • Consumer Financial Protection Bureau (CFPB)
  • Fair Credit Reporting Act 9 (FCRA)
  • Uniform Deceptive and Abusive Acts and Practices (UDAAP)
  • State Calling Laws
  • Payment Card Industry (PCI-DSS)
  • Fair and Accurate Credit Transaction Act (FACT A)
  • Electronic Funds Transfer Act (EFTA)
  • Federal Information Security Management Act (FISMA)
  • FTC Red Flags Rules
  • Telephone Consumer Protection Act (TCPA)
  • Equal Credit Opportunity Act (ECOA)
  • Sarbanes Oxley (SOX)