Adverse Action

What is Adverse Action?


1.

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


75

Random Words:

1. One who changes MMOs (Massive Multilayer Online) very frequently and can not stay with one for more then 2-3 weeks "Did you hear a..
1. A girl who starred in High School Musical 1 and 2, but was never really in the credits. She's what they call an extra. Erinn Benne..
1. 1) A verb for the rape of dead livestock. 2) When a women almost chokes to death on semen 3)Slang Shire term for the female genitals ..