Williams & Fudge Completes SAS 70 Certification

Rock Hill, SC – Williams & Fudge, Inc., an industry leader in third party higher education collections headquartered in Rock Hill, SC, recently completed its Statement on Auditing Standards No. 70 (SAS 70) certification for Service Organizations.

The SAS 70 audit involves an intense certification and verification process to determine that the Company’s technology platform and operational processes adhere to strict industry standards, as verified by an independent auditor. This Certification provides Williams & Fudge clients assurance that operational processes, system controls, and infrastructure meet stringent requirements for reliability, security, and service that have come to be expected from Williams & Fudge.

In May 2001, Williams & Fudge, Inc. became the first collection agency in the country to receive certification in the Professional Practices Management System (PPMS) through ACA International, The Association of Credit and Collection Professionals. In addition to annual re-certification of PPMS, and SAS 70 certification, the Company performs a Compliance Attestation Examination of the Title IV Student Financial Assistance Program.

Gary Williams, founder and CEO of Williams & Fudge, Inc., said, “We are proud to add SAS 70 to compliment our PPMS certification, Attestation Examination and financial audits. This certification provides clients of Williams & Fudge additional peace of mind that the Company is going above and beyond to protect your data.”

About Williams & Fudge, Inc.
Williams & Fudge was founded in 1986 and is a family owned business with the purpose of serving the higher education community. The Company aids higher education institutions along with financial institutions in the recovery of education related receivables. Specific debt types include Federal Perkins loans, tuition, campus based institutional loans, private education (alternative) loans, and other receivables such as parking, room, board, and library fines.

Williams & Fudge maintains a single collections office in Rock Hill, South Carolina, to collect from students located all over the United States and in many foreign countries. To better serve our clients, sales offices are also located in Denver, Colorado; Bakersfield, California; and Winston-Salem, North Carolina. The Company works with over 1100 clients in 49 states and is licensed to collect throughout the United States.

For more information, please visit www.wfcorp.com or call 1-800-849-9791.