Which of the following actions is NOT an adverse action?
Which of the following actions is NOT an adverse action?
Refusal to grant credit on the grounds that the lender does not offer the type of credit requested is not considered an adverse action because it does not constitute a refusal based on the applicant's creditworthiness or other personal factors. Instead, it is a denial based on the institution's existing product offerings, which is a business decision rather than an adverse action.
C - The question is in the guide