Adverse Action

What is Adverse Action?

Any negative act taken by a creditor, usually in response to a change in personal credit.

Lowering of Credit Limits, Interest Rate Inreases, Freezing or Closing of Accounts are all Adverse Action.

See interest, credit

Your Welcome

1. The improper way of typing out the phrase You're welcome. Often used by people who never learned how to spell, or who lack Grammar..

Goomish

1. A word I just randomly made up. Keep using it. It WILL be famous some day. It means freakish. Or werid. My teacher is goomish. See fre..

Chimera Cinema

1. A movie that is the combination of two or more other movies. (A chimera is a monster from Greek mythology that is a cross breed of a dr..

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Adverse Action Edit Meaning