Adverse Action Notice definition

Adverse Action Notice means a Written Notice informing a Staff Member of an Adverse Action.
Adverse Action Notice means a notice issued by an institution to a customer conveying denial or cancellation of, an increase in any charge for, or a reduction or other adverse or unfavourable change in the terms of coverage or amount of, any loan, existing or applied for, or any other action or determination adversely affecting the customer, based on customer information obtained from a Bureau;
Adverse Action Notice means a written notice issued under section 28;

Examples of Adverse Action Notice in a sentence

  • FOR CREDIT UNION USE ONLY DATE APPROVED DENIED (Adverse Action Notice Sent) APPROVED LIMITS: SIGNATURE LINE OF $ $ CREDIT OTHER OTHER $ $ DEBT RATIO/SCORE BEFORE AFTER The following paragraph applies only to borrowers in Wisconsin: We can change the terms of the Plan from time to time in accordance with Section 422.415 of the LOAN OFFICER COMMENTS: SIGNATURES: X Wisconsin Statutes.

  • The right to request a State Fair Hearing and how to do so within the initial ninety (90) calendar day from the Adverse Action notice; If the internal Appeal was received within twelve (12) calendar days of the Adverse Action Notice or prior to the date of action, the right to continue to receive benefits while the hearing is pending.

  • NBIC makes an approved form of a Pre-Adverse Action Notice and an Adverse Action Notice available in the Resources tab of the secure clients area of its website.

  • Adverse Action Notice: The notice required by the Equal Credit Opportunity Act advising a credit applicant or existing debtor of the denial of their request for credit or advising of a change in terms considered unfavorable to the account holder.

  • The Adverse Action Notice forwarded to the applicant must include: • The name, address, and phone number of the reporting agency.


More Definitions of Adverse Action Notice

Adverse Action Notice means a Written Notice informing a Practitioner of an Adverse Action.
Adverse Action Notice means a written notice issued under section 28; “applicant” means a person who makes an application, under section 5, for a
Adverse Action Notice shall be defined as an appropriately completed notice in compliance with Regulation B and applicable law required to be provided to CUSTOMERS whose TRANSACTIONS are not approved by the BANK in its sole discretion.
Adverse Action Notice means a written notice issued by a credit provider to a data subject notifying the data subject of any action or determination which —
Adverse Action Notice shall be defined as an appropriately completed notice in compliance with Equal Credit Opportunity Act (ECOA) Regulation B, and applicable law required to be provided to CUSTOMERS who are not eligible for the PROGRAM.
Adverse Action Notice has the meaning ascribed thereto in Section 17.1(c). Adverse Action Preliminary Notice has the meaning ascribed thereto in Section 17.1(c). Adverse Action Termination Damages has the meaning ascribed thereto in Section 20.4(d). AEA means the Atomic Energy Act of 1954, 42 U.S.C. § 2011, et seq.
Adverse Action Notice. The notice required by the Equal Credit Opportunity Act advising a credit applicant or existing debtor of the denial of their request for credit or advising of a change in terms considered unfavorable to the account holder. AER: Annual earnings rate on an investment.