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Automated Teller Machine (ATM)
An automated teller machine (ATM) is a device that allows for the withdrawal of cash without the need of a human teller or cashier.
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ACH Debit
An ACH debit occurs when the receiver’s account is debited.
Related Terms
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FDCPA (Fair Debt Collection Practices Act)
Approved in 1977, the Fair Debt Collection Practices Act allows for legal consumer protection against abusive debt collection practices.
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