FCRA (Fair Credit Reporting Act)

The Fair Credit Reporting Act protects consumers from inaccurate information that may be found within credit reports.

Related Terms

  • Merchant

    A merchant is business that exchanges goods for monetary funds.

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  • ODFI (Originating Depository Financial Institution)

    Financial institutions that originate ACH transactions on behalf of its customers. ODFI's must abide by the National Automated Clearing House Association (NACHA) Operating Rules.

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