5 Reasons You Are Ready to Hire a Compliance Partner

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Power Up Your Receivables

Larger Market Participants (LMP) – firms generating more than $10M in collection fees from nonhealthcare collection activity – have functioning CMSs in place for the most part, albeit with gaps. But mid- to small-size firms are falling behind in the race to CFPB readiness.

The truth is, the CFPB is not going anywhere and its mandate is clear: Any collection agency, debt buyer, or collection law firm “under the CFPB’s purview is expected to comply with Federal consumer financial laws and appropriately address and prevent violations of law and associated harms to consumers through its compliance management process.” 

This eBook will discuss how the services of a third party may support, enhance and bolster your organization’s CMS at a reasonable cost and in real time.