Consumer Financial Information
A consumer is a person who buys goods or services. Consumer information is the personally identifiable information that a person provides to get a good or service. In the financial industry, customers provide their information to get services from banks or other financial institutions. People use it to get home or car loans, apply for credit cards, or open checking accounts.
Items that a person buys for personal, family, or household use are called consumer goods. Services that a person buys for personal, family, or household use are called consumer services. These terms are not used to refer to goods or services purchased by a business.
Consumer financial information includes many items other than a person’s name. ...
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