Glossary | Assessment

Assessment:

A fee charged by the network to both issuing and acquiring banks in addition to the interchange fee. Assessments are how the networks generate revenue, taking a fee from each bank for every transaction.

CA Consumer Notice Privacy Policy Terms Licenses Credit Education Program

Westbon Inc. (dba Boro) NMLS No. 1635300. NMLS Consumer Access

Michigan Regulatory Loan License (RL-0020249), effective February 12, 2016, issued by Department of Insurance and Financial Services. Contact info: Office of Consumer Finance, 530 W. Allegan Street, 7th Fl., Lansing, MI 48933-1521

Boro Glossary

Assessment:

Boro It Up!