With the implementation of section 312 of the Fair and Accurate Credit Transactions Act, all data furnishers, regardless of industry, are required to be vigilant about the accuracy and integrity of the consumer information reported to the credit bureaus.  Are you confident in your compliance program or is your company rolling the dice with the integrity of your consumer data?

When it comes to reporting consumer account information, “good enough” isn’t nearly good enough any longer. Due to increasing consumer awareness, scrutiny and monitoring of credit scores, the risk of weak consumer data compliance practices coming to light has increased exponentially.  Tougher expectations by both regulators and consumers now mean that data furnishers must demonstrate increased discipline, control and accuracy when reporting data to the bureaus.  Failure to comply with the existing and emerging consumer regulations will likely result in financial, regulatory and reputation risks for your company. 

CBSC’s professionals provide the experience to help companies stay on track and avoid the data accuracy risks that could derail your business.

Regardless of the industry you are in, there are only a handful of individuals in the country that have ever developed and managed large scale Credit Reporting Compliance Programs.  CBSC is unique and has the expertise you need.