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. used to define certain peoples looks or even their stupidity. This phrase was originally coined by the urban legend, Will Guess. also r..
1. Whore bag. That girl Jen is w.b. See slut, skank, ho, whore 2. An abbreviation for West Bend, a suburb of Milwaukee Wisconsin. Famou..
1. When two people of the same gender have sex. The equivalent of 'getting laid' for heterosexual peoples. This is a much easier ..