Get a Personal Loan up to $10,000

Apply online with a straightforward application process.

Check Your Eligibility

This won’t affect your credit score!

TrustPilot 7/10

NetCredit is rated 8.9 out of 10 based on 771 reviews on Trustpilot

How to Get a Personal Loan

If you aren’t sure how to go about getting a loan, you’ve come to the right place! We’ll explain the whole process from start to finish in three straightforward steps.


The first step in getting a loan is applying. To apply, you’ll first need to find a lender you trust, and then fill out their application form either online or in person. You’ll normally need to provide a range of information, including your name, address and Social Security Number, as well as information about your employment, income and bank. The amount of time it takes to complete your loan application can vary widely, with online lenders usually boasting the quickest application processes.

Approval Decision

Depending on your lender, it can take anywhere from a few seconds to several weeks to find out whether you’re approved for a loan. Online lenders are usually the quickest to make a determination — they often do so instantly. If you’re approved, the next step is to sign your loan agreement and receive your funds. Funding can take anywhere from a few seconds to a few weeks depending on the lender and the funding method. Most online lenders offer funding by the next business day or sooner.


Your repayment schedule will vary depending on the type of loan you’ve received. One of the most common types of loan is an installment loan, where you’ll repay your loan amount plus any interest and fees in a series of payments — usually over a period of months or years. Depending on whether your lender reports payments to the major credit bureaus, on-time payments may help you build positive credit history.

Loan Tip 1 – How to Keep Your Info Safe

The best thing you can do to keep your information safe is to work with a reputable lender. Start by checking out online reviews of the lenders you’re considering. Make sure you feel good about the one you’ve chosen, and remember to look for a lender that does not ask you for money upfront.

Loan Tip 2 – Online or Brick-and-Mortar?

It’s sometimes unclear how best to choose between online and brick-and-mortar lenders. The right choice for you depends on your circumstances. If you’re applying for a large loan such as a mortgage, you may feel more comfortable working in person with a representative from your bank or credit union. On the other hand, if you feel some urgency in looking for a loan, online loans can sometimes be more convenient to apply for and are often funded more quickly.

Loan Tip 3 – Are You Eligible to Apply?

Anyone can apply for a loan, provided they meet the eligibility requirements of a given lender. For instance, many lenders may require you to be at least 18 and a U.S. citizen, and have an active checking account where you can receive funds. Check with the particular lenders you’re considering for their specific eligibility criteria.

Personal Loans from NetCredit

NetCredit is an online financial services provider located in the heart of downtown Chicago. We’re a subsidiary of Enova International, Inc., a NYSE listed company (ENVA), and have partnered with Republic Bank & Trust Company, member FDIC. These relationships give us the expertise and resources to realize our vision and enhance our product offerings. But within the NetCredit offices, we’re actually a small, focused and, dare we say, personal team: our brilliant developers, analysts, customer support specialists and other team members are extremely dedicated to making NetCredit the best solution for our customers.

To learn more about how NetCredit loans work, check out our How It Works page today!


See How It Works