Decrease/Close Line of Credit Require Adverse Act?

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Question:

Will decreasing the line or closing a credit card that has not been in use for more than 12 months require an adverse action?

Answer:

12 CFR 1002.2(c) Adverse action. (1) The term means:

(ii) A termination of an account or an unfavorable change in the terms of an account that does not affect all or substantially all of a class of the creditor's accounts;

First published on BankersOnline.com 8/20/12