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

Babblin

1. When someone goes on and on and on(talkin) about things that have nothing to do with you When yo grandma talks about the old days when ..

Cross-pondization

1. The transfer of information, intellectual property, ideas, business contacts, etc. between a U.S. entity and a UK entity, to create and ..

Pink-a-phobe

1. a male who is afraid to wear pink becasue he thinks it makes him look gay DAniel is such a pink-a-phobe!!..

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Adverse Action Edit Meaning