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. A person of the Caucasian, Hindu, Native American, African American and Asian backgrounds. She was a straight up Caucinhindublasian. S..
1. An stupid representation of evil, in which one tries to be evil at no avail, thus becoming a clown. Normally called the crimson of a p..
1. A preference for cyber/Net-based women over real women. Jeff Simmonds isn't straight, he's CYBER STRAIGHT See cyber, straigh..