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• Under the Equal Credit Opportunity Act, a creditor's refusal to grant a loan on the terms requested, or termination of an existing line of credit loan.

  National Credit Union Administration - Cite This Source - This Definition
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  Cite Definition for Adverse Action

  American Psychological Association (APA)

  Adverse Action. (n.d.). Pocket Cents Glossary. Retrieved February 5, 2023, from website: http://www.expertglossary.com/definition/adverse-action.

  Chicago Manual of Style (CMS)

  Adverse Action. www.mycreditunion.gov. Pocket Cents Glossary. National Credit Union Administration. http://www.expertglossary.com/definition/adverse-action (accessed: February 5, 2023).

  Modern Language Association (MLA)

  "Adverse Action." Pocket Cents Glossary. National Credit Union Administration. 5 February. 2023 http://www.expertglossary.com/definition/adverse-action.

• Browse Related Terms: Adverse Action, application, Credit score, Equal Credit Opportunity Act (ECOA), FICO® score, Home Affordable Modification Program (HAMP), Home Affordable Refinance Program (HARP)

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