ACH – This means computerized clearing residence, which is mainly a way used to transfer money to and from bank accounts.
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E-Signature – Typically called an electronic signature this demands a program which binds your signature or Another mark into a document. The E-indication bill was handed by The federal government in June 2000 which legalizes this signature.
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Co-signer – A person who willfully signs a loan arrangement Together with the borrower and partly assumes duty of repayment of the loan.