NetCredit offers personal loans for borrowers with bad credit in most states. The company works with lending partner banks in some states to underwrite and approve loans. To make loans more accessible for borrowers with bad or no credit, NetCredit and its lending partners evaluate factors like income and debt obligations in addition to credit scores when considering applications.
The company funds loans as quickly as the same business day you’re approved and doesn’t require collateral. However, NetCredit personal loans can have APRs of up to 99.99% — much higher than the typical maximum APR of 36%, which makes it an expensive form of borrowing. Use the following information to decide whether these loans are right for you.
- No late fees - Eligibility criteria beyond credit score | |
- No credit |
Who are NetCredit personal loans best for?
Best for borrowers with bad credit or no credit
NetCredit doesn’t disclose a minimum credit score and looks at your full financial picture when reviewing your application, including income. However, you could pay a very high rate, relative to other personal loan lenders, if you're approved for a NetCredit personal loan.
Great for fast funding
If you apply for a NetCredit personal loan by 11 a.m. CT on a business day, you could get approved and have your loan funded the same day. If you don’t apply before the cutoff time, NetCredit may still fund your loan by the next business day.
Pros and cons
Pros
- Flexible repayment terms
- Fee-free
- No collateral
- Quick funding
Cons
- High APRs
- Limited loan size
- Not available in 14 states
Pros
- Flexible repayment terms: NetCredit offers repayment terms from 6 months to 5 years, depending on your state.
- Fee-free: NetCredit doesn’t charge fees, such as prepayment penalties or application fees, for newly originated loans.
- No collateral: You do not need to use collateral to secure a personal loan through NetCredit.
- Quick funding: Your loan funds may be available the same day or the day after you apply.
Good to know
When you apply, NetCredit conducts a hard credit check, which may temporarily reduce your score by a few points.
Cons
- High APRs: Your loan can have an APR of up to 99.99% in some states, and most NetCredit personal loans have minimum APRs of 34.99% — close to the 36% limit for most lenders.
- Limited loan size: NetCredit only offers loans of up to $10,000, unlike many other lenders with loans of up to $35,000 or more.
- Not available in 14 states: NetCredit and its lending partners don’t offer personal loans in CO, CT, IA, MA, MD, ME, NC, NH, NV, NY, PA, VT, WA, WV, or the District of Columbia.
Expert editor insight: “NetCredit’s APRs on personal loans are very high. To get an idea of how high, consider borrowers with FICO scores below 580 who prequalified on the Credible marketplace in March 2025. They saw average rates of 31.23% APR and 32.45% APR on three-year and five-year loans, respectively, which are both below NetCredit’s minimum APR of 34% — not to mention that in some states, NetCredit’s maximum APRs can reach 99.99%.”
— Barry Bridges, Personal Loan Editor, Credible
How to qualify for a NetCredit personal loan
NetCredit requires applicants to be 18 or older and have a valid personal checking account and email address. Additionally, NetCredit uses the following information to determine your eligibility.
Your credit score and financial history
While NetCredit doesn’t use your credit score to decide whether to approve your application, it does consider your credit and financial history. Negative marks on your credit report, such as missed credit card payments or accounts in collections, may affect your eligibility. NetCredit may also look at your debt-to-income ratio, which measures how much of your monthly income goes toward debt payments.
Your income and employment
You don’t need a specific income to qualify for a NetCredit loan. However, the lender will verify your income to ensure that you can afford your loan payments each month. During the application process, NetCredit will request income verification documents, like pay stubs or your most recent tax return.
NetCredit personal loan purposes
You can use a NetCredit personal loan for various purposes, including paying monthly bills, consolidating debt, and paying for moving costs.
Fees and penalties
NetCredit no longer charges application, prepayment, late, or non-sufficient fund fees for personal loans.
How NetCredit compares to other lenders
How NetCredit compares to more lenders: Best Personal Loans
How to contact NetCredit
NetCredit offers several contact methods, depending on your needs.
General customer support and applications:
- Phone: (877) 392-2014; Monday-Friday, 8 a.m.- to 8 p.m. CT, Saturday-Sunday, 9 a.m.-5:30 p.m. CT
- Email: [email protected]
- Fax: (855) 878-1068
Loan processing:
- Phone: (877) 392-2014; Monday-Friday, 8 a.m.- to 8 p.m. CT, Saturday-Sunday, 9 a.m.-5:30 p.m. CT
- Email: [email protected]
- Fax: (855) 878-1069
Collections:
- Phone: (877) 392-2016; Monday through Friday, 8 a.m. to 7 p.m. CT, Saturday, 8 a.m. to 4:30 p.m.
- Email: [email protected]
- Fax: (855) 878-1070
You can also email general comments to [email protected] and send mail to:
Customer Support Team
NetCredit
175 W. Jackson Blvd., Suite 600
Chicago, IL 60604
About NetCredit personal loans
NetCredit was founded in 2012 to offer online personal loans and lines of credit through partner banks, like Capital Community Bank and Republic Bank & Trust Company. It’s a subsidiary of Enova International, Inc., a financial technology company based in Chicago. The company has a B rating with the Better Business Bureau, although it’s not BBB-accredited, and a 4.8-star rating from Trustpilot.
Rating NetCredit personal loans
Credible evaluates personal loan lenders based on factors such as customer experience, minimum fixed rate, maximum loan amount, funding time, loan terms, and fees. Credible’s team of experts gathered information from each lender’s website, customer service department, in-house resources, and via email support. Each data point was verified to make sure it was accurate at the time of publication.
Learn more about how Credible rates lenders by exploring our personal loans lender rating methodology.
FAQ
Is it hard to get a NetCredit personal loan?
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Disclosure: Some lending partners that participate in Credible’s comparison marketplace offer loans to borrowers with scores as low as 550. Borrowers with low scores will have fewer lending options than borrowers with higher credit scores.
