NetCredit Personal Loan Lender Review

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ByChristopher Boston
Edited byRae Osborn
ByChristopher Boston
Edited byRae Osborn

Updated: February 14, 2024

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NetCredit offers personal loans from $1,000 to $10,000, catering especially to those with less-than-perfect credit, as it doesn’t have a minimum credit score requirement. It provides flexible repayment terms and quick funding, often on the same day.

However, it may have higher interest rates, as well as origination and late fees. Additionally, NetCredit isn’t available in several states, so it's important to check if it services your area. Ultimately, this lender is a good option for smaller, fast loans, especially for those working on building their credit.

  • Netcredit

    • 34% to 155%APR Range
    • 660Minimum Credit Score
    • $1,000 to $10,000Loan Amount Range
    • 6 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds

    NetCredit offers personal loans ranging from $1,000 to $10,000. This range is perfect for those times when you need just a bit of extra cash, whether it's for an unexpected expense or a special purchase. One of the great things about NetCredit is the flexibility in loan terms. Depending on where you live, you can choose a repayment period from 6 to 60 months. This means you can pick a plan that fits your budget and timeline.

    Another big plus is the speed of service. If you're approved, you could get the funds on the same business day. However, it's important to note that NetCredit isn't available everywhere. Currently, it doesn't offer loans in Colorado, Connecticut, District of Columbia, Iowa, Maine, Maryland, Massachusetts, Nevada, New Hampshire, New York, North Carolina, Pennsylvania, Vermont and West Virginia.


    • Minimum loan amount of $1,000
    • Flexible terms from 6 to 60 months
    • Same-day funding is possible
    • Available for bad credit borrowers
    • Performs soft credit pull


    • Not available in some states
    • Loans capped at $10,000
    • Higher interest rates compared to other lenders
    • Origination and late fees may apply

Features of NetCredit Personal Loans

Exploring NetCredit's features is critical in deciding if it's right for your particular needs. Think about what you need the personal loan for — NetCredit is versatile, covering anything from emergencies to large purchases. Knowing its fees, how long you have to repay and the help available if you struggle with payments is crucial for planning. Looking into its service quality and whether online tools are available is also vital to ensure your experience will be smooth.

Considering these factors, you can determine if NetCredit matches your financial goals and situation. This way, you're more informed and confident about your choice.

What Can You Use Your Funds For?

Knowing how you can use your loan from NetCredit is important. Some lenders limit what you can spend your money on, but NetCredit gives you flexibility. This means you can use your loan for a variety of needs, such as:


Ultimately, a NetCredit loan offers the freedom to cover a range of expenses, from consolidating debts to managing emergencies. It’s a versatile financial tool that can adapt to your specific needs, helping you achieve your goals or navigate unexpected situations with ease.

Loan Terms for a NetCredit Personal Loan

Understanding the terms of a NetCredit personal loan is key to making a smart financial decision. Knowing the loan amounts, repayment terms and APR (Annual Percentage Rate) range helps you plan your budget and pick a loan that fits your needs.

  • Loan Amounts: NetCredit offers personal loans from $1,000 to $10,000. This means you can borrow a small amount for quick needs or a larger sum for significant expenses. Choose an amount that you can comfortably repay and that suits your financial situation.

  • Repayment Terms: Depending on where you live, NetCredit’s repayment terms range from 6 to 60 months. A shorter term means higher monthly payments but less interest over time. Meanwhile, a longer term lowers monthly payments but increases total interest.

  • APR Range: APR includes interest and other fees, showing the loan's true cost. NetCredit's APR varies based on your state of residence and creditworthiness, affecting how much you'll pay back. A lower APR is better for your wallet, so compare and find the best rate for you.

By understanding these terms, you can choose a NetCredit loan that aligns with your financial goals and capabilities. This way, you can manage your loan confidently and responsibly.

Fees and Discounts for a NetCredit Personal Loan

Understanding the fees involved in a NetCredit personal loan is crucial because it affects how much you pay. If you’re looking to save on extra costs, NetCredit is a solid option as it doesn't charge some common fees:

  • No Application Fee: You won't pay anything just to apply. This makes starting your loan journey easier and cost-free.

  • No Prepayment Penalty: If you pay off your loan early, there's no extra charge. This is great if you can clear the debt sooner than planned.

  • No Non-Sufficient Funds Fee: If a payment fails due to lack of funds, NetCredit won’t penalize you.

However, there are fees that NetCredit does charge:

  • Origination Fee: Depending on your state of residence, an origination fee might be deducted from your loan amount before you receive it.

  • Late Fee: In some states, you may be charged a fee if you miss a payment. The amount varies depending on your state's laws.

Knowing these fees helps you understand the true cost of your loan with NetCredit and plan your finances better.

NetCredit Personal Loan Repayment Assistance

When you take a loan from NetCredit, it's good to know it’s there to help if you hit a rough patch with repayments. Sometimes, life throws a curveball, and you might find it hard to make a payment on time. If this happens, you can contact NetCredit’s customer support team at (877) 392-2014. It understands that financial situations can change.

NetCredit may let you adjust your payment due date based on your financial situation. This means if you’re struggling to make a payment, you can ask for more time. This option is helpful because it gives you breathing room to get your finances sorted without added stress.

When choosing a personal loan lender, consider how it supports you during tough times. A lender like NetCredit, willing to work with you when you're in a bind, can make a big difference.

NetCredit Customer Service

Choosing a personal loan lender involves more than just the loan itself. It's essential to know that if you need help or have questions, you can easily reach out to your loan provider.

With NetCredit, you have several ways to get in touch:

  • Phone: You can call NetCredit’s customer service team at (877) 392-2014. It’s available Monday through Friday, 8 a.m. to 8 p.m. CT, and Saturday to Sunday, 9 a.m. to 5:30 p.m. CT.

  • Mail: You can send an email to for customer support, for loan processing, for collections or for general comments.

Being able to contact your lender easily is crucial. Whether it’s to get help, ask a question or share feedback, having reliable and accessible customer support like NetCredit's ensures a smoother, more reassuring loan experience.

NetCredit Personal Loan Online Resources

Choosing a personal loan lender like NetCredit involves more than just securing funds. It's also important to consider the additional resources it offers for managing finances. These are valuable because they help you make informed financial decisions and understand money management better.

NetCredit offers several helpful resources:

  • NetCredit Blog: Here, you can find articles on improving your finances, making better budgets and understanding credit health. There are pieces focused on lifestyle and career inspiration, as well.

  • EverFi Modules and Tools: NetCredit partners with EverFi to offer educational modules and tools; these include a handy budgeting tool to help you plan your monthly expenses easily and quickly.

These resources are great for gaining more control and confidence in managing your personal finances. By using these tools, you can enhance your financial know-how and skills, leading to better financial health and decision-making.

Qualifying for a NetCredit Personal Loan

Before applying for a NetCredit personal loan, it’s smart to understand what it looks at to decide if you're eligible. Knowing these criteria can help you gauge your approval chances and prepare the necessary information.

NetCredit considers several factors to assess if you qualify for a loan:


NetCredit doesn’t clearly state if it allows a co-signer or co-applicant when you apply for a personal loan. Having someone else on your loan application can sometimes help you qualify, especially if they have a strong credit score or income. But it also means they’re responsible for the loan if you can’t pay, which is a big commitment.

Is a NetCredit Personal Loan Right For You?

Choosing the right lender is an important step in your financial journey. You can avoid future stress and financial strain by assessing how well NetCredit’s offerings align with your financial needs and situation. Carefully evaluating whether it meets your requirements also ensures a more positive and suitable loan experience. This careful consideration ensures you partner with a lender that supports your financial objectives.

Who Can Benefit From a Personal Loan From NetCredit?

NetCredit may not be the ideal choice for every borrower, but for some, it could be exactly what they need. Identifying whether you fit into the categories that benefit most from NetCredit's unique offerings is crucial in determining if it’s the right lender for you.


Understanding NetCredit’s features, like loan sizes, fast funding and flexible credit requirements, is crucial. If these align with your specific needs, especially if you fit into one of these borrower profiles, NetCredit could be the right lender for you.

Who Shouldn’t Secure a Personal Loan from NetCredit?

While NetCredit can be a great option for some borrowers, it's not the perfect fit for everyone. Certain borrower profiles might find that NetCredit doesn’t meet their specific financial needs or preferences.

  • People in Non-Serviceable States: If you live in Colorado, Connecticut, the District of Columbia, Iowa, Maine, Maryland, Massachusetts, Nevada, New Hampshire, New York, North Carolina, Pennsylvania, Vermont or West Virginia, NetCredit can’t provide you with a loan. Residents in these states need to look elsewhere for their lending needs.

  • Those Seeking Higher Loan Amounts: NetCredit’s loans are capped at $10,000. If you need more than this, you’ll have to consider other lenders who can offer larger loan amounts.

  • Borrowers Who Prefer Lower Interest Rates: NetCredit may have higher interest rates than other lenders. If getting the lowest possible rate is your priority, shopping around for other options would be beneficial.

It might be worth exploring other lenders if you find yourself in one of these categories. The key is to find a lender whose offerings align with your specific financial requirements and situation. Always consider your needs first and choose a lender that best suits them.

How to Apply for a NetCredit Personal Loan

Knowing how to secure a personal loan from NetCredit can make the whole process less overwhelming and more manageable. Being familiar with each step helps you prepare and understand what to expect.

Check Your Eligibility

Start by seeing if you're eligible without affecting your credit score. NetCredit’s prequalification process is quick and easy. You just provide some basic information and it’ll let you know if you're likely to be approved. This step helps you gauge your chances before you commit to a full application.

Submit a Loan Application

If prequalification goes well, the next step is to fill out the full loan application. Here, you'll provide more detailed information about yourself. NetCredit will use this information to make a decision on your loan. It's important to be accurate and honest in this step.

Review Your Loan Application

After your application, NetCredit will present you with a loan offer if you're approved. This is where you'll see the amount, terms and rates of your loan. Take time to review this carefully to ensure it fits your needs and financial situation.

Sign the Loan Documents

If you're happy with the offer, the next step is to sign the loan documents. This is where you officially agree to the loan terms. Make sure you understand everything in the documents before signing over the dotted line.

Receive the Funds

Once you’ve signed the documents, NetCredit will process the loan and deposit the funds into your account. This can often happen quickly, sometimes even on the same day, depending on when you submitted your application.

By following these steps, you can efficiently navigate the loan process with NetCredit. Each step is designed to move you forward in securing a loan that fits your needs. Remember, understanding the process helps you make informed decisions and manage your loan confidently.

What to Do if You’re Denied

Getting your personal loan application denied by NetCredit can feel disappointing, but it's not the end of your financial journey. There are steps you can take to understand this setback and move forward. These include:


Remember, a loan denial from NetCredit is just one part of your financial journey. By understanding the reasons, improving your financial standing, exploring other options and seeking advice, you can find a path that works for you.

Frequently Asked Questions About NetCredit as a Personal Loan Lender

To help you get a clearer picture of NetCredit as a personal loan lender, MoneyGeek compiled a list of frequently asked questions. Our answers can provide you with more insight into how NetCredit operates, helping you make an informed decision about whether its services align with your financial needs.

Does NetCredit have restrictions on how you can use your funds from a personal loan?
What is the minimum credit score requirement for a NetCredit personal loan?
How long does NetCredit take to approve a personal loan?
Does NetCredit have a mobile app?
Is a NetCredit personal loan secured or unsecured?
How much can I borrow using a NetCredit personal loan?
What fees will I encounter with a NetCredit personal loan?
How does applying for a NetCredit personal loan affect my credit score?
Does NetCredit offer an autopay discount for personal loans?
Can you have co-signers on a NetCredit personal loan?

About Christopher Boston

Christopher Boston headshot

Christopher (Croix) Boston was the Head of Loans content at MoneyGeek, with over five years of experience researching higher education, mortgage and personal loans.

Boston has a bachelor's degree from the Seattle Pacific University. They pride themselves in using their skills and experience to create quality content that helps people save and spend efficiently.

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The content on this page is accurate as of the posting/last updated date; however, some of the rates mentioned may have changed. We recommend visiting the lender's website for the most up-to-date information available.

Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, lender or other entity. Learn more about our editorial policies and expert editorial team.