Action Credit Q&A

~ Find Answers to Our Most Frequently Asked Questions ~

Frequent Asked Loan Questions

Q: What type of services are available through Action Credit Inc.?
A: There are a variety of loan types available. You can obtain auto loans, cash advance loans, no fax loans, as well as personal loans when applying online at; loans for people with bad credit or no credit are also readily available. In addition to the many loan services, you can also find consumer debt relief programs that will assist you in debt consolidation, debt settlement, and even debt elimination.

Q: I have picked out a car that I wish to buy from a seller on Do you provide that type of financing?
A: Unfortunately, we are not able to provide auto loan assistance for this type of transaction.

Q: What is your interest rate on payday loans?
A: The interest rate on payday loans varies depends upon the state in which you reside.

Q: Due to medical bills, and a bankruptcy five years ago, I have poor credit, can I still qualify for a bad credit personal loan.
A: Every situation is different, but generally if you can provide proof of the basic requirements for the loan, you can qualify regardless of your past credit issues.

Q: I am uneasy about giving my personal information online, can I just call to apply over the phone?
A: We understand your concerns, but due to strict privacy rules, we are not able to take phone applications. Please know that we take your privacy very seriously. We use the highest and most up-to-date security practices available with strong 256 bit encryption.

Q: What is the maximum loan amount of a payday loan?
A: Again, that depends on the state you live in. Normally the maximum is anywhere from $1000 - $2000.

Q: Are there stipulations on how I can use my personal loan?
A: No, a personal loan is just that; you can use it for any expense you want to use it for. Commonly they are used for education expenses, vacations, and home remodeling.

Q: Does Action Credit Inc. have any hidden fees?
A: Absolutely not. We will never ask for any type of payment for services that we provide. There are no application fees, and you are not required to join any type of membership.

Q: Why do you ask for banking information when I am applying for a payday loan?
A: This is needed so that funds can be directly into your account after you loan application is approved.

Q: Does Action Credit Inc. provide home loan services?
A: At this time, we do not provide home loans, home equity loans, or refinancing home loans.

Q: What type of debt help is available for me?
A: Debt relief programs include debt consolidation, debt settlement, and other various debt negotiation and debt elimination services.

Q; What requirements are needed to be approved for a loan?
A: All lenders will require this basic information: your proof of income, your proof of residency, and identification documents. After you submit your information, the lender will let you know if any additional information is needed.

Q: How long will it take to process my loan application?
A: When you submit your loan application, it instantly goes to a lender. If you have completely and correctly filled out the application and submitted all supporting documents, you will receive faster service. Normally you won't have to wait more than a few hours. If corrections have to be made, this will of course, slow down the process.

Need Additional Help?

We hope to have answered your general questions about our loan services and debt programs. If you have additional questions, please contact us.

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