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FACTA (Fair and Accurate Credit Transactions Act)
Passed in 2003, the Fair and Accurate Credit Transactions Act enables consumers to request a free credit report from the top three credit reporting companies. These free...
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ACH
Automated Clearing House – ACH is a reliable electronic funds transfer (EFT) system governed by National Automated Clearing House Association (NACHA).
Related Terms
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Settlement Date
The date an exchange of funds will be reflected on the books of the Federal Reserve Bank.
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