GLOSSARY

Fair Credit Billing Act (FCBA) Fair Credit Reporting Act (FCRA) Fair Debt Collection Practices Act (FDCPA) Federal Reserve Fees FICO Finance Charge Finance company Financial Assistance Agency Fixed Rate Fraud alert Free period
GLOSSARY TERMS by Alpha
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Federal Reserve

A central bank that monitors and influences the total supply of money and credit through its 12 regional offices. The Federal Reserve Board sets interest rates, maintains the flow of cash to local and regional banks, clears checks, provides deposit insurance, and helps guarantee the stability and security of the U.S. banking system.

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