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

Omgwtfbbq

1. A meaningless acronym which most often stands for "Oh My God What The Fuck Barbeque." It most likely originated on Something A..

Laylaxin

1. Laylaxin-defined as laid back relaxing, Doing absoluting nothing. Just chillin. Yeah bra...I'm at the house just laylaxin. See c..

Angry Chavs

1. Someone who gets angry at everything all the time and won't admit it. Donny: OMG LOOK AT JOHN HE'S SO ANGGGRYY John: No I&ap..

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Adverse Action Edit Meaning