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. shit-pimp: to 'pimp the shit' or to 'make unbelievably cool' something that your friends said couldn't be fixe..
1. 1. Any large gaping hole. 2. Any obscure usually far away place 3. A generic place where things come from. 1. Yea, i'd say that ..
1. To guarantee something. George Zimmer, ceo of Mens Warehouse always says at the end of his commercials "I Guarantee It!" Stam..