Description
The rules for the Fair Debt Collections Practices Act and Regulation F apply directly to financial institutions if the institution is collecting a debt owed to a third party or is collected its own debt, but is using a different name. Failure to follow the rule when collecting direct debt can result in UDAAP violations.
Upon review of all materials your staff will understand the current status of the Fair Debt Collections Practices Act and Regulation F.
Compliance Management Systems provides our products on a specific topic at a lower cost than you can purchase each item individually, saving you time and money. Fair Debt Collection Practices Act and Regulation F Compliance Management System contains a Director/Senior Management Update, Training Manual, Policy Update, Procedures Update, and a Tracking Form.
