Answer:
Refer to Reg. B section 1002.2(c)(2)(i).
(2) The term does not include:
(i) A change in the terms of an account expressly agreed to by an applicant;
First published on BankersOnline.com 9/17/12
Adverse Action for Eliminating Available Credit
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Question:
If a customer requests that we eliminate the available credit on their line, do we need to send them an adverse action?
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