Overall Satisfaction Rating
  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars
Based on 489 ratings submitted in the last year


ConsumerAffairs Accredited Brand

NetCredit provides personal loans up to $10,000 to customers throughout the United States. We believe that your credit eligibility should be determined by looking at your broad financial picture - not just your credit score. Our online application is straightforward and simple, and funding can occur as soon as the next business day.

Our personal installment loans come with no application or prepayment fees and can be repaid in fixed installments over time - with timely repayments helping to build your credit score. If you need a more personal, personal loan from a company that views you as more than just a credit score, apply with NetCredit today.

A+BBB Rating
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NetCredit is an online loan marketplace that provides unsecured personal loans with no restrictions on how the funds can be used. Find out if you’re eligible for a loan or line of credit on their website.


  • No prepayment penalties
  • Lower credit scores accepted
  • Get funds quickly
  • Loans from $1,000 to $10,000


  • Only available in 14 states
  • High interest rates

How does NetCredit work?

Use the My RightFit Tool on NetCredit’s website to find out if you’re eligible for a loan or line of credit. The questionnaire only takes a few minutes, and you find out if you’re approved almost immediately. You need to have certain information on hand, including:

  • Your credit score
  • Income amount
  • Rent or mortgage payment amount
  • Length of employment

Unlike some other loan providers, NetCredit reports to all three major credit bureaus. The comprehensive reporting helps you build positive credit history through on-time payments and boost your credit score while paying off your loan. Late payments have the reverse effect and can harm your credit score.

NetCredit loan requirements

Instead of basing your eligibility solely on your credit score, NetCredit weighs all the provided information to determine your creditworthiness. The company also checks your overall debt-to-income ratio and asks for information about any outstanding debt. NetCredit also requires customers to be of legal age to apply and receive loans (18 years old in most states; 19 years old in AL and DE).

While credit score requirements aren’t explicitly outlined, NetCredit typically works with people with scores from 500 to 680. During the My RightFit Tool questionnaire, NetCredit performs a soft check on your credit to ensure all your information is correct. The soft check won’t affect your credit score, but NetCredit performs a hard check that could change your score slightly once you agree to the loan or line of credit terms and conditions.

NetCredit lines of credit and loan refinancing

If you don’t qualify for a personal loan, you still may be eligible for a line of credit with NetCredit, depending on the state you live in. Line of credit amounts range from $500 to $3,500 and give customers ongoing flexibility to take cash advances up to their available limit.

NetCredit has two different options for loan refinancing:

  • You can borrow more money and start a new contract and repayment schedule
  • You can reduce your payment on your current loan with a new contract and repayment schedule

Currently, NetCredit only offers loan refinancing for existing customers. You can check your eligibility for refinancing through your NetCredit online account.

How much does NetCredit cost?

NetCredit loans have interest rates that range from 34% to 155% APR, depending on the state where you live and your overall creditworthiness. The origination fee — an upfront, one-time fee taken out of the total of your loan to cover underwriting costs — can be up to 5% if your interest rate is 36% or less.

Instead of charging compound interest, NetCredit charges simple interest, which is calculated off the remaining balance of the loan and is usually less expensive than compound interest.

NetCredit loan terms range from six to 60 months. The company doesn't charge prepayment penalties, so you can pay back the full amount of your loan at anytime without incurring additional charges. The company charges penalties of $15 or 5% of the amount due that period if you’re 10 or more days late with your payment.

If you open a line of credit with NetCredit, you’ll have to pay two types of fees:

  • Cash advance fees are charged when you take out an advance. They’re deducted from the amount of the advance.
  • Outstanding balance fees are charged every billing period. They’re calculated based on the amount of principal you have outstanding at the end of the period.

Is NetCredit worth it?

If you need funds fast, NetCredit works to get you the funds you need in as little as four days. With customizable loans and lines of credit, NetCredit is an option for anyone searching for a lender with a fast turnaround time.

NetCredit Reviews

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Rated with 4 stars
Verified Reviewer Verified Buyer
Original review: Sept. 12, 2019

Though the "vig" is almost as high as borrowing from the mob, I am currently having a very good year in my business, I anticipate another one in 2020. I also anticipate that any and all disposable income will be launched into my re-payment project. I am going to get to an 800+ Credit score by the end of 2020. I will need it. You guys looked deeper than my "fair" credit score which is a result of unavoidable inquiries when I financed my car, and my wanting to have a diverse set of credit products. You get me, we will not have a long relationship, but I will call on you again if after I pay this off, I need more services. Thanks again!


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NetCredit response

Hi Mark, We appreciate your feedback!

2 people found this review helpful
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Rated with 5 stars
Verified Reviewer Verified Buyer
Original review: July 1, 2019

Seeking monetary assistance is never easy. For me, there is that apprehension that, once I have presented my situation, and plan for the loan, I get turned down. It's usually a process that is drawn-out, and exhausting, and invasive. Instead, I found my Net Credit experience to be just the opposite! I filled out the initial form (which was not very invasive at all). Within seconds of hitting the "Enter" button, I had my response! I just needed to provide a couple additional pieces of information which I had the option of faxing, or emailing, to them. The next day I literally had the money deposited in my bank account!! It was super easy and so helpful!! THANK YOU!

NetCredit response

Hi Matthew, We appreciate your feedback!

8 people found this review helpful
Rated with 4 stars
Verified Reviewer Verified Buyer
Original review: May 29, 2019

Everyone was very friendly, and the time it took from filling out the application to allocating the funds into my account is graded as an A+!!! I was very happy to give a rating of 4 stars. The only reason I did not give 5 stars, and it's not the interest rate, I understand it will be a little higher, and besides I think Net Credit is a very reputable organization, after I received the allocation, you came back with the payment dates, like I was going to skip town. That was a spelled out in the electric contract. I understand all that. There is no need to throw that at me again. It's like getting a pie in the face!!! Thank you!!!

13 people found this review helpful
Rated with 4 stars
Verified Reviewer
Original review: April 18, 2019

Overall, my experience with NetCredit was positive. I completed the application process and had the funds the very next day. My only complaint - I did not accept the full amount I was eligible for, as I did not think I would need the full amount. After a couple of weeks, and realizing that I actually did need the full amount, I attempted to request more funds up to my initial eligibility limit (as stated is possible in the FAQs), but the website tells me that I am not eligible and will not let me proceed with the request. I was comfortable, at the initial inception, accepting less than the full amount because it is promised to be simple to request more if needed. I’m disappointed that this isn’t true, and had I known, I would have likely borrowed the full amount to begin with.

24 people found this review helpful
Rated with 5 stars
Verified Reviewer Verified Buyer
Original review: March 15, 2019

I refinanced a loan that I got around 6 months ago, I have made all my payments on time and really did not want to borrow anymore money until I paid it off but, I got into a financial jam due to some unexpected cost after ending a 10 year relationship with my ex. I had no other options to come up with the money needed. I was approved to refinance my loan for the amount I requested and the money was deposited that same afternoon INTO MY CHECKING ACCOUNT. I am so grateful and pleased with prompt service I received and would absolutely recommend you guys to all my friends. Thanks, Kris **.

NetCredit response

Hi Kristopher, We appreciate your feedback!

11 people found this review helpful
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Rated with 5 stars
Verified Reviewer Verified Buyer
Original review: Dec. 12, 2019

The expediency of the loan process from Net Credit is what I appreciate! The streamlined application was simple and hassle free. The trade off is high interest rates but, payoff with no penalty is a plus. Thank you, Roy

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Rated with 5 stars
Verified Reviewer Verified Buyer
Original review: Dec. 4, 2019

Very helpful. Loved it. Will do it again if needed. Was fast and friendly. They did what they said they would. Very happy. Will tell my friends where to go. Look forward to long and happy time with them.. If I have a loan need in the future I know where to go..

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Rated with 5 stars
Verified Reviewer Verified Buyer
Original review: Dec. 4, 2019

I humbly thank all that was involved and included to make this a success. It was very little work that made the experience that much enjoyable. I cannot name them all by individuals but it's hard to beat! I am a stickler for quality and professionalism.

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Rated with 4 stars
Verified Reviewer Verified Buyer
Original review: Dec. 3, 2019

Getting this loan was a bit of hassle but I’m happy I got it! The only bad part is their customer service. Out of all the times I spoke to someone I only spoke to maybe 3 people who were friendly and super helpful, the other times they all had attitude and wasn’t really listening to what I was saying and I had to keep repeating myself. But with all that said the loan payments and principal is all broken down for me which I love. I know exactly what I’ll be paying each time and what my remaining balance will be! Super easy!

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Rated with 5 stars
Verified Reviewer Verified Buyer
Original review: Nov. 30, 2019

My experience was great and fast NetCredit is the best. I didn’t have any issues after changing my banking information. Customer service was knowledgeable and helped the best way they could. Customer service is excellent and the workers answered any questions I had.

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NetCredit Company Information

Social media:
Company Name:
Year Founded:
175 W. Jackson Blvd., Suite 1000
Postal Code:
United States
(877) 392-2014
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