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. to split and share at the same time 1. Colleen: Hey, I want that tuna fish sandwich! Kerry: I have an idea: Let's splair it! 2...
1. drinking alcohol of any kind before heading out to a party Paul arrived at the party with a foreign package because he had the foresk..
1. An ultra-annoying and arrogant little pussy Mike - "Ha ha, I win, you lose, loser! I pwn your soul!" Bart - "(Fucking l..