Have you ever received a letter telling you you’re pre-approved for a personal loan or credit card? Pre-approved offers like these, whether they’re through direct mail or email, are a kind of advertising that banks and other private lenders use to grow business.
Companies sending out pre-approval offers often get your information directly from a credit bureau. In these situations, they look at your credit with what’s known as a “soft pull,” which doesn’t affect your credit score.
Pre-approved credit cards and pre-approval loans can be a legitimate way for banks and lenders to solicit business. Though these kinds of offers may say “instant approval,” in almost every case, the lender will still need to evaluate and confirm your application.
Certain individuals are pre-qualified for loan offers for up to $10,000* based on information in their credit reports. If you recently received a pre-qualified loan offer in the mail, it means you’re one of them. A pre-qualified installment loan through NetCredit can offer you the financial flexibility and security you need to reach your financial goals.
An Easier Personal Loan
NetCredit makes it simple to check your eligibility and receive your funds.
Check Your Eligibility
Personalize Your Offer
You'll learn instantly if you're eligible, and if so, you can use the My RightFit Tool™ to customize your loan amount and repayment terms to best fit your needs.
Borrow and Repay
If approved, money is typically deposited directly into your bank account the next business day or sooner. As you make your scheduled installment payments over time, My CreditBuilder will help you build positive credit history.