adverse action

(1) Actions included .— The term “adverse action”— (A) has the same meaning as in section 1691(d)(6) of this title ; and (B) means— (i) a denial or cancellation of, an increase in any charge for, or a reduction or other adverse or unfavorable change in the terms of coverage or amount of, any insurance, existing or applied for, in connection with the underwriting of insurance; (ii) a denial of employment or any other decision for employment purposes that adversely affects any current or prospective employee; (iii) a denial or cancellation of, an increase in any charge for, or any other adverse or unfavorable change in the terms of, any license or benefit described in section 1681b(a)(3)(D) of this title ; and (iv) an action taken or determination that is— (I) made in connection with an application that was made by, or a transaction that was initiated by, any consumer, or in connection with a review of an account under section 1681b(a)(3)(F)(ii) of this title ; and (II) adverse to the interests of the consumer.

Source

15 USC § 1681a(k)(1)

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Scoping language

None identified, default scope is assumed to be the parent (subchapter III) of this section.

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