Capital Recoveries, Inc.

Regulation - CFPB/GLBA/FDCPA

 

Change is no stranger to the recovery industry. Capital Recoveries, Inc. is facing those changes and taking the necessary steps to be in full compliance with the Consumer Financial Protection Bureau (CFPB), The Fair Debt Collection Practices act (FDCPA), and the Graham Leach Bliley Act (GLBA). We realize that the financial industry and it's partners have become heavily regulated, and we have taken steps to adhere to those regulations.

"The Dodd-Frank Wall Street Reform and Consumer Protection Act gave the CFPB the authority to supervise both bank and nonbank financial institutions to assess whether or not they are following federal consumer financial law, to assess supervised institutions’ compliance systems, and to detect and assess risks to consumers." (http://consumerfinance.gov)

You can trust that we are versed and aware of our resposnibilities, and have taken the steps to comply.

 

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