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

Quynh-nhu Hoan Pham

1. This is a term coined in Viet Nam for people that either are afraid to be who they are, or are just idiots in life and suck in what they..

Ladel

1. a simple yet fun word to say. mostly said to grab peoples attention. also usually said when one is happy did you get some last night?..

Air Sacajawea's

1. Moccasins that are worn out in public. Did you see Tom's new Air Sacajawea's? Yeah man they were of the hizzy! See moccasin..

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Adverse Action Edit Meaning