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. URMA is a Derogatory term which is used when slabbering at your opponents mother.although it can be used on its own, it still has the sa..
1. the fear of somehow, somewhere, a duck is watching you you're sitting there... somewhere... perhaps in a building and across the r..
1. Resort town located about a hour outside of Chicago. Has great beaches an a nice Indian casino. Also home to a lot of townies that never..