-
FCRA (Fair Credit Reporting Act)
The Fair Credit Reporting Act protects consumers from inaccurate information that may be found within credit reports.
Learn More
Settlement Date
The date an exchange of funds will be reflected on the books of the Federal Reserve Bank.
Related Terms
-
MICR (Magnetic Ink Character Recognition)
The information printed on a check in magnetic ink. The MICR information helps MICR scanners retrieve important information from the check including the routing number, account number...
Learn More
