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.w.b.b.d.

1. A common abbreviation for the all-important question, "What would Brian Boitano do?" No, not the dead guy who can't eat ..

Quattrochi

1. A Quattrochi is: -Fat slob -Tiny package -Works at RG Village Public Works -Virgin...forever -10 second tom -molested by dad -sis..

Umama

1. a person who is very helpful and cooperative, not to mention a really loyal friend. umama is capable of doing all sorts of different thi..

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Adverse Action Edit Meaning