Compliance Services
Carleton's Commitment to Compliance
Since 1969, Carleton's reputation has been built upon our commitment to accuracy and compliance. As a recognized industry leader with over 50 years of experience, Carleton's granular attention to detail and level of support is unmatched. Our Compliance Department has helped develop validation API tools that can be used with Carleton's calculation solutions or other payment engines. Carleton's compliance services impact just about every aspect of the company, providing our clients with that peace of mind and allowing them to focus on what they do best.
Regulatory Monitoring
As the industry leader in compliant financial calculations and lending document generation software, many regulators and state examiners nationwide utilize Carleton's compliance software. These compliance requirements are broad, nuanced, and can be difficult to monitor with antiquated statutes. That's why Carleton's legal and compliance professionals stay current on state and federal regulatory and legislative requirements, industry trends, and best practices in consumer credit calculations.
Our team maintains a regulatory library and meticulously monitors any state and federal regulation changes throughout the consumer lending industry. When regulatory changes are announced, we notify our clients and implement the corresponding updates (before the effective change date) within Carleton's software.
Compliance Team
Carleton's Compliance Department is a key differentiator throughout the lending industry. Our reputation has been built upon our commitment to accuracy and compliance. This experienced team includes in-house attorneys, compliance analysts, software developers, and client support personnel.
- Ensures that the Carleton software remains in compliance with state and federal regulations
- Capability to audit/analyze a single transaction or an entire portfolio
- Ability to both diagnose and recalculate/recast transactions
- Provide independent compliance auditor services that align with Consumer Financial Protection Bureau (CFPB) recommendations
