NetCredit does not offer 30 day, 60 day or 90 day loans. Our loans are long-term installment loans with minimum term lengths of six months. While our loans are longer-term, they do share some features with short-term loans. Some of the common features between our installment loans and shorter-term, 30 to 90 day loans include:
NetCredit loans are unsecured, which means we do not require you to provide collateral such as a home or car title.
We are typically able to provide you with an eligibility decision just seconds after you complete our online loan application. Also, checking your eligibility will not affect your credit score!
There are also some key differences between our installment loans and 30 to 90 day loans, notably:
NetCredit offers loan amounts ranging from $1,000 – $10,000 (loans to AZ residents will be $10,500), while 30 to 90 day loans are typically for smaller amounts.
Short-term lenders generally don’t report payment history to the major credit bureaus. NetCredit reports payment history to two major credit bureaus: Experian and TransUnion. This means that on-time payments may help improve a borrower’s credit score.
NetCredit offers flexible payment options, so you can repay in full as early as you wish — without any fees or penalties. To learn more about our repayment options, visit our FAQ page.