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

Halo Guru

1. When you play beyond the game and you read the books, the back stories and deep passages from the games of the Halo Universe -"Yo ..

Hiphophalfie

1. a filthy Mexican who works at Taco Bell making 5 cents an hour and has no life Look at that man down the street! He must be a HipHopHal..

Eeprom

1. Electically Eraseable Programmable Read Only Memory. An EPROM that can be erased with a higher voltage than it is programmed with. The..

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Adverse Action Edit Meaning