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. The past tense of uberstink. 1. A superlative example of something terrible. 2. Stench to an extreme or excessive degree. 1. My day w..
1. The hot Catch phrase Used by Kid Deception, spawned on myspace hiphop forums that delegated the ultimate victory when hurting somebodie..
1. Used in real life conversations or IM meaning, "I'm pretending that's funny, but it's really not" or, "I h..