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

W.o.p.a.r.

1. Windows Operated Pentium Abiotic Robot Wopar, was first conceived as a prank, through a series of college parties at M.I.T. In the ..

Eastern Passage

1. Pronunciation: 'E-st&rn 'pa-sij Function: noun An American slang term for one's anal orifice or opening Tonight, m..

Yahoot

1. An expresion telling somebody to: feel free; help yourself "Hey, could I have some more cake?" "Yahoot" See yeah,..

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Adverse Action Edit Meaning