What to Expect
COMPLIANCE AND ETHICAL STANDARDS
Praxis adheres to the highest level of ethical standards, including full compliance relating to protecting consumer confidential information and adherence to security and privacy regulations mandated by all applicable state and federal regulations. Our operation and compliance teams monitor our account representative’s performance to ensure compliance with federal, state, and our client’s contract-specific standards such as but not limited to:
- Fair Debt Collection Practices Act (FDCPA)
- State Debt Collections Regulations
- Gramm Leach Bliley Act (GLBA)
- Soldiers and Sailors Civil Relief Act (SSCRA)
We utilize a meticulous matrix that consists of regulatory and business requirements as well as good business practice to ensure consistent grading and administration of corrective action. This attention and adherence to ethical standards is the reason that the Better Business Bureau has recognized Praxis for their commitment to the highest ethical standards. The Better Business Bureau accredits Praxis with an “A” grade level.