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RGS Financial, Inc
Always aiming to provide Reliable Genuine Solutions to Clients, Consumers, and Employees.
Always aiming to provide Reliable Genuine Solutions to Clients, Consumers, and Employees.
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ACA International Consumer Financial Literacy Video Runs Nationwide

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     Introducing the CFPB, Consumer Financial Protection Bureau,  a government agency founded in 2011 who announced on July 10, 2013 that it will begin taking complaint calls from consumers against 1st and 3rd party collection agencies.
     Their mission reads, "We work to give consumers the information they need to understand the terms of their agreements with financial companies. We are working to make regulations and guidance as clear and streamlined as possible so providers of consumer financial products and services can follow the rules on their own."
     What this agency means for RGS is continued due diligence following the FDCPA and state specific laws. Even though the CFPB has the power to implement new legislation to further regulate the collection industry it has not yet published any new laws for us to follow. It is simply a new "watchdog" for the consumer against unethical collection practices, the likes of which we do not practice. RGS prides itself on our compliance to the FDCPA and will continue to follow all federal and state regulations, new and old.

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