CFPB Requirements

CFPB Mock Audit

What is CFPB Compliance?

Does your Compliance Management System comply with the CFPB examination requirements? When is the last time you updated your CMS? Do you want to demonstrate that you have proactively complied with the CFPB examination requirements? KirkpatrickPrice auditors help clients update their CMS with the latest CFPB requirements.

These CFPB regulations and standards apply to all entities of debt collection. Many of these regulations correlate with measures you are already taking to ensure your compliance. These laws include the Fair Debt Collection Practices Act (FDCPA), the Fair Credit Reporting Act (FCRA), the Gramm-Leach-Bliley Act (GLBA), the Electronic Fund Transfer Act (EFTA), and the Equal Credit Opportunity Act (ECOA).