What does ACTION CRED mean on my credit report?

Learn about ACTION CRED, an provider offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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ACTION CRED is shorthand for Action Credit Loans, with the company name being Action Credit Loans

Step 1: Obtain the facts the first step toward better credit management by seeing a clear picture of your credit report, ordering your consumer reporting agency (cra) and debt analysis online to get a complete current status. Make sure that the information supplied by transunion, equifax and experian coincides. Credit unions typically have thirty days to investigate your claim and make necessary adjustments.

ACTION CRED is a Loan Provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with Action Credit Loans.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

About the account

The account is classified under the following METRO2 categories:

  • ⚫ Collection Agency/Attorney

How do I contact them?

Here is the current contact details for Action Credit Loans:


  • 831 E Elizabeth St, Ste A, Brownsville, TX 78520





Action Credit offers loans up to $1,600 and accepts various payment methods including cash, check, debit and prepaid cards, credit cards, wire transfer, and mobile apps. Customers can pay their loan off early if they choose. If payments are missed or late, customers may face penalties.

Question Answer
Do they offer a monthly payment plan? Yes
Can I make payments over the phone? Yes
Can I make payments online? Yes
Do they offer a discount for automatic payments? No
Can I make a payment using a mobile app? Yes
Can I make a payment using a prepaid debit card? Yes

Forgiveness and Cancellation

Action Credit offers signature and secured loans up to $1,600 that can be used for any purpose. Loan applicants must have a bank account, and their credit score may be used to determine eligibility. The payment methods accepted include cash, money order, debit cards, and online payments. Early payments are accepted, and loan advice is available. There is no loan forgiveness offered.

Question Answer
Do they offer loan forgiveness? No

How to Apply

you can apply for a loan online, over the phone, or in person through Action Credit. They offer loans up to $1,600 and accept various payment methods. They also provide advice on the best loan for you and guarantee the privacy of your information.

Question Answer
Can I apply for a loan online? Yes
Can I apply for a loan over a phone call? No
Can I apply for a loan in person? Yes
Can I apply for a loan using a mobile app? Yes
Can I apply for a loan with a cosigner? Yes

IdentityIQ Report Example

  • This is an example of what this creditor will look like on your IdentityIQ report.

ACTION CRED IdentityIQ Report

Will this affect my credit score?

Whether this account affects your credit score depends on a variety of factors, such as:

  • Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
  • Derogatory Markings: If this account has any derogatory markings such as: Lates, Charge Offs, Collections and others.

However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:

  • Account Age: If your account is quite old, then the age of it will positively impact your credit score
  • Repayment History: If the account has no Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.

Can it be removed from my credit report?

Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.

However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.

What is a Loan Provider?

A loan provider is a bank or financial organization that can provide loans. In order to apply for a loan they will run a hard inquiry on your credit account which will negatively impact your credit report. They may make mistakes in their reporting, so if it says that you have missed a payment and you haven’t then if you take the correct action you will be able to remove the late repayment from your credit profile.

How do I remove ACTION CRED from my credit report?

You can send a dispute letter to the credit bureaus to remove this account from your report. You must send a dispute letter to all three credit bureaus, as they are legally required to remove the account from your report if it is found to be inaccurate. For best results you should send a dispute letter to the credit bureaus via certified mail, this will ensure that you have a legal record of the communication.