Q&A Video: What Are Credit Card Adverse Actions?

John Ulzheimer

John Ulzheimer | Q&A Videos

Sep 17, 2015

When you apply for credit cards and other types of loans, you may be issued a notice of adverse action if your credit isn’t good enough.

This happens when you’ve been denied for a credit card, or if you’ve been “adversely approved.” An adverse approval means that you’ve been approved for the product, but with less favorable terms (like interest rates).

Learn more about adverse actions and how they happen in our video with credit expert John Ulzheimer.

Was this helpful?

The Insider

John Ganotis
MasterCard® Black Card™ Review: Is it worth the $495 annual fee?
John Ganotis | Mar 01, 2017

The MasterCard® Black Card™ is a metal credit card for people with excellent credit. But are its benefits worth the $495 annual fee?

Read More
John Ganotis
Can I Pay My Taxes with a Credit Card?
John Ganotis | Feb 16, 2017

Read More
John Ganotis
How Can I Get a Free FICO Score?
John Ganotis | Feb 01, 2017

Read More