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Consumer Account
An account held at a development financial institution (DFI) which has been opened by a natural person and is used for personal needs.
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Basis Points
Basis Points is a financial term that describes one one-hundreth of a percent (1 basis point = .0001 or .01%). Normally, the addition of basis points for bundling in extra fees will take place through sales management or pricing.
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FOIA (Freedom of Information Act)
The Freedom of Information Act provides either full or partial disclosure of unreleased information that is controlled by the U.S. government.
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