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

Z-word

1. A paraphrase for the word zombie used by the character "Shaun" (Simon Pegg) in the British film Shaun of the Dead. Ed: "..

T-sauce

1. An incredibly sloppy drunk. Reduced to basic motor functions and speech patterns. Becomes very confrontational, despite the fact that he..

Scamich

1. A term used for the best sandwich ever made usaully compilied of Some kind of delicous deli meat. I just made this scamich And it blew ..

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Adverse Action Edit Meaning