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

Junk Donkey

1. A man, woman, or animal characterized by their extreme love of junk (i.e. balls, scrot, or cock), being lodged particulary within their..

Allow It

1. "allow it" means to just leave something alone, or don't worry about it. People in West London say this quite often. Ahm..

Lip, Skip, And Boogie

1. To put in a lip of chewing tobacco, enjoy it, and go on with your day with a wonderful buzz. One guy says to another: "Lets lip, s..

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Adverse Action Edit Meaning