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These Are the Definitions of _____________: the Refusal to Grant

Question 317

Multiple Choice

These are the definitions of _____________: The refusal to grant credit in substantially the amount or on substantially the terms requested in an application (and the applicant uses or expressly accepts the credit offered) A termination of the account or an unfavorable change in the terms of an account, unless the change affects substantially all of the lender's accounts of that type. A refusal to increase the amount of credit available to an applicant who has made an application for an increase


A) Adverse action-12 CFR 202.2(c)
B) Special-purpose credit-12 CFR 202.8
C) Refusals- 12 CFR 202.8
D) security agreements-12 CFR 202.2(c)

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