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. Quite Possibly the longest Polach last name around,also to be known as the Pope to his closest followers and best firends Enjoys to get ..
1. A Junior Bacon Cheeseburger. Usually bought at Wendy's and preferred over entrees such as the Spicey Chicken Sandwich because it $...
1. When you have such explosive diarrhea that is in a completely liquid form (without the lumps) and feels as if you are pissing out of you..