Roseville, MN – Frontline Asset Strategies, LLC today announced that it has earned the highly-regarded designation of Certified Professional Receivables Company (CPRC) after completing the comprehensive national standards for third party collection agencies contained in DBA International’s certification program. These standards have been recognized for exceeding state and federal laws and regulations through a series of stringent requirements that stress responsible consumer protection through increased transparency and operational controls.
DBA International President Kaye Dreifuerst congratulated Frontline Asset Strategies, LLC, and said that DBA certification demonstrates a commitment to operating pursuant to the highest ethical standards and abiding by the program’s standards of excellence. “I want to recognize and commend Frontline Asset Strategies, LLC for its efforts to support compliance integration throughout the entire credit cycle protecting consumers and creditors through the attainment of DBA International’s Receivables Management Certification Program.”
Andrew Dunn, CEO of Frontline Asset Strategies, stated “We are pleased to have earned this designation from the DBA. We believe that this provides further evidence to our clients and consumers that Frontline Asset Strategies has made a commitment to conducting itself as a compliant and ethical business”
The CPRC designation is granted to third party collection agencies who comply with rigorous uniform standards addressing such items as account documentation, bonding, consumer complaint and dispute resolution, statute of limitation compliance, trust accounts, vendor management, credit bureau reporting, and other relevant operational procedures. Individual Certified Receivables Compliance Professional designations are required for each certified company’s chief compliance officer.
Compliance with the CPRC standards are monitored through independent third party audits as well as through a structured self-compliance audit process. For more information about DBA’s Receivables Management Certification Program, or to download an application, please visit DBA’s website at www.dbainternational.org/certification.
About Frontline Asset Strategies, LLC
Frontline Asset Strategies, headquartered out of the Twin Cities, is a licensed and bonded national debt collection agency specializing in servicing auto loans, bank card, purchased debt, education, mortgage, telecommunication, utility and more. We provide an array of recovery services from compliance monitoring, skip tracing, collections and customer service. Our mission is to provide a positive experience in improving the welfare of clients, consumers, and employees.
About DBA International
DBA International (DBA) is the nonprofit trade association that represents more than 575 companies that purchase performing and nonperforming receivables on the secondary market. DBA’s Receivables Management Certification Program and its Code of Ethics set the “gold standard” within the receivables industry due to its rigorous uniform industry standards of best practice which focus on the protection of the consumer. DBA provides its members with extensive networking, educational, and business development opportunities in asset classes that span numerous industries. DBA continually sets the standard in the receivables management industry through its highly effective grassroots advocacy, conferences, committees, taskforces, publications, webinars, teleconferences, and breaking news alerts. Founded in 1997, DBA International is headquartered in Sacramento, California.