单词 | adverse action |
释义 | adverse action in Finance (ædvɜrs ækʃən) noun (Finance: Banking, Credit) An adverse action notice is an official explanation by a financial institution of why they are refusing to grant credit to someone. In cases of adverse action, consumers will be notified by the bank as to the reasons for the refusal. You have the right to know when an adverse action was taken based on information contained in a credit report. An adverse action notice is an official explanation by a financial institution of why they are refusingto grant credit to someone. |
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