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

Vokie

1. An individual who attends or who has attended a vocational high school. A tough label to shake, Vokies are often unfairly perceived as ..

Nerd Speak [nerd]

1. 1. Language of nerds 2. Language spoken by nerds in reference to gaming, computers, math, etc. Omg, I can't understand all this ..

Anal Flame

1. One who uses a lighter and their own flatulance to create an explosive blast of methan from their sphinkter. "Hey can you light my..

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Adverse Action Edit Meaning