The questions people ask before applying
Is ACAD a lender?
No. ACAD is a financing broker: we assess your case and submit your file to a licensed lender. The decision and the money are theirs, not ours.
Is there a fee for the consultation?
No. The assessment and the advice are free. Any fee is stated to you plainly before any step, and nothing is paid before you know about it.
Do you guarantee approval?
Nobody can, and anybody who guarantees it is selling you something they do not own. What we guarantee is that your file goes in complete and to the lender that fits.
How long does an answer take?
It varies by lender, and is usually two to five working days once the documents are complete.
I have existing obligations — can I still apply?
Usually yes. Obligations count towards the deduction ratio, and sometimes the answer is to restructure them before asking for anything new.
What happens to my data?
It is used to assess your application and submit it to the lender you agree to, and it is not shared with anybody else. You may ask us to delete it.