Is NetCredit Personal Loans the right fit for you?
Last Updated: 01/28/2026
NetCredit Personal Loans
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Last Updated: 01/28/2026
SuperMoney User Recommendation Score -33
Mostly not recommended54 total votes
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Highlights
Community Rating
Mostly not recommended
APR (Fixed APR)
34% - 99.99%(Verified 12/12/2025)
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Amount Range
$1,000 - $10,000
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Loan Term (Months)
6 - 60
Number of Reviews
NetCredit Personal Loans Review
NetCredit Personal Loans is offered by CNU Online Holdings, LLC, a direct lender founded in 2004 and based in Chicago, IL. NetCredit are available in 32 states.
Key Takeaways
- APRs starting at 34%. Personal loan interest rates typically range between 9% and 36%. The starting rates for NetCredit Personal Loans are on the higher end of the spectrum.
- Fast access to funds. If approved, CNU Online Holdings, LLC will send the money in as little as 24 hours.
- Prequalified rate. You can check your prequalified rate at CNU Online Holdings, LLC with a soft pull that will not affect your FICO or VantageScore.
- No origination fee. NetCredit Personal Loans does not charge a loan origination fee.
- No late fees. NetCredit Personal Loans will not charge additional fees if you miss the due date on a payment.
- Short loan terms. NetCredit Personal Loans have loan terms as short as 6 months.
NetCredit Pros & Cons
| Pros | Cons |
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NetCredit FAQ
What interest rates and personal loan terms does NetCredit offer?
NetCredit has higher than average interest rates for lenders reviewed on SuperMoney.
What interest rates does NetCredit offer?
NetCredit offers a fixed APR personal loan product that ranges from 34% APR up to 99.99% APR.
How much can you borrow via NetCredit?
Personal loan amounts start at $1,000 and go up to $10,000
What is the maximum loan term you can get with NetCredit?
NetCredit offers loans with terms of up to 60 months.
| Personal Loan Amount | $1000 - $10000 |
| Loan Term | 6 - 60 months |
| APR | 34% - 99.99% |
What fees does NetCredit charge?
Does NetCredit charge an origination fee?
NetCredit does not charge a personal loan origination fee.
A personal loan origination fee is what some lenders charge for processing, underwriting, and funding a personal loan. Typically origination fees range from 0.5% to 5% of the personal loan amount. Whenever possible, consider lenders that don’t charge origination fees.
Does NetCredit charge a late fee?
No, NetCredit will not charge you a late fee if you miss payments.
Does NetCredit charge prepayment fees?
No, NetCredit does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
| Origination Fee | 0% |
| Prepayment Fee | No |
| Late Payment Fee | $0 |
What do you need to qualify for NetCredit Personal Loans?
Applicants with a credit score of at least 500 and up to 700 may be eligible for NetCredit Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher. NetCredit Personal Loans does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by NetCredit Personal Loans.
To qualify, applicants may need to provide the following documentation:
- Applicants must have an active and valid personal checking account
- Proof of income
- Driver's license or other government photo ID
| Minimum Age | 18 |
| Bank Account Required? | Yes |
| Application Types Accepted |
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| Credit Score | 500 - 700 |
What is the estimated funding time for a personal loan via NetCredit?
NetCredit will typically fund loans within 1 to 3 business days of approval and clearing necessary verifications.
Does NetCredit Personal Loans report your account activity to credit bureaus?
Yes, NetCredit Personal Loans reports to the following credit bureaus:
- Experian
- TransUnion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.
Does CNU Online Holdings, LLC perform a hard credit pull?
As is the case with most providers, a hard credit pull will likely occur if you accept an offer after checking your rates. NetCredit allows you to check your rates with a soft credit pull.
Are NetCredit Personal Loans legit?
CNU Online Holdings, LLC was founded in 2004, it is a well-established company that has been in business for 22 years. NetCredit Personal Loans is mostly not recommended by SuperMoney community users.
NetCredit Personal Loans Disclosure: This offer is representative of what may be available to you; you may see additional options or slightly different terms once you continue the application process on the NetCredit website. You may be asked to provide additional documents regarding your income, identity and bank account. All NetCredit loans and lines of credit are underwritten, approved and funded by either NetCredit or one of its lending partner banks. Visit https://netcredit.com/lending-partners for more information. All loans and lines of credit are serviced by NetCredit. For Lines of Credit, a 10% Cash Advance Fee will be deducted from the amount of each Cash Advance, and each billing period a Statement Balance Fee of $0 - $700 will apply based on your Cash Advance Balance. Each Billing Cycle, your Minimum Payment will include a portion of your Cash Advance Balance plus the Statement Balance Fee. The minimum Cash Advance varies by state. Please see Terms of Use, Rates & Terms and Borrower Agreements for all terms, conditions and requirements.
KS residents: NetCredit Loan Services, LLC, License No. SL.0026603.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from NetCredit
Message from our editor
What We Love About NetCredit
NetCredit is a lender that provides subprime loans to people who have poor credit. One of the advantages is that the terms are flexible, and you’ll find that there are no hidden fees or hidden penalties to worry about when using them. Another benefit is that you can check your rates without damaging your credit. Additionally, it will report to two of the major credit bureaus, which means it could help you to improve your credit over time.
The process of applying is simple and fast, and it could be a good choice for those who have bad credit and can’t get loans elsewhere. The company provides fixed simple-interest loans, so the payments don’t change during the duration of the loan. There are no prepayment penalties, so borrowers can save money when they pay off the loan early.
What NetCredit Could Do Better
While it is easier for many people to borrow with NetCredit, it doesn’t mean that it’s the right choice for everyone or that they don’t have issues. The interest rates through the subprime lender are high. The rates borrowers will pay will depend on their credit history, employment history, and the state in which they live. The high interest is the one major drawback of NetCredit.
NetCredit’s Backstory
NetCredit launched in 2012 as a means to provide underbanked people with the ability to get loans when traditional lenders refuse. The company is a subsidiary of Enova International, which provides online financial services, which is spun off from Cash America, the largest pawnshop operator in the world. Even though NetCredit might appear to be a young company, its connection to Enova provides it with far more resources than many financial startups.
The Verdict
With the range of options available for lending, it’s often best to check to see if you can qualify for a prime loan first. This can help you save a substantial amount of money in interest. Companies like Prosper and SoFi can check your rates without a hard credit check, so you won’t have to worry about a hit on your credit score. However, for those who do not have good enough credit for a prime lender, NetCredit could be the best choice available.
Other Services by CNU Online Holdings, LLC
Other Personal Loans from CNU Online Holdings, LLC
Sponsored
CashNetUSA Personal Loans
Sponsored
APR
222% - 579%
Disclaimer popup with additional information
Amount Range
$300 - $2.5K
Loan Term (Months)
5 - 12
SuperMoney Net Recommendation Score
SuperMoney users mostly don't recommend this product, giving it a user recommendation score of -33, or 2.3 on a 5-point rating scale.
-33
-1000+100
No one recommends
Everyone recommends
NetCredit Personal Loans Community Reviews
Would you recommend NetCredit Personal Loans to your friends?
RW
Ryan W.
Jan 8, 2024
May or may not recommend
I recently opted for a personal loan with NetCredit and it's been a great experience! The application process was fast and secure, and I was amazed at how quickly I got the funds - the very next business day. What I really appreciate is how NetCredit looks beyond just credit scores to offer financial solutions. They offered me flexible terms and a loan amount that perfectly suited my needs. Plus, ...Show More
PH
Patrick H.
Apr 24, 2022
May or may not recommend
This company is very helpful with those who have low credit scores and are in a financial crunch. The customer service reps are very kind and knowledgeable about their services. The price you'll pay for the convenience will unfortunately be in the way of high interest and possibly payments over a long stretch of time. If you do go this route, I highly recommend paying off as soon as your ...Show More
Yannick M.
Mar 9, 2022
May or may not recommend
Well net credit personal loans may stand out a little bit Unlike its competitors, NetCredit may verify your income as part of its loan approval process.
Katrina O.
Mar 8, 2022
May or may not recommend
They work with low credit scores and you don't have to have multiple forms of proof of anything. They work fast and tell you what's going on every step of the way. The money is in your account the next day.
Justina G.
Feb 24, 2021
May or may not recommend
Net Credit staff is always helpful in whatever I ask them to do. Always responding in a very timely manner. Job well done.
KF
Kyle F.
Oct 30, 2020
May or may not recommend
Based on the experience My WIfe and I had using Net Credit I will recommend their service to anyone. Applying for loans can be pretty stressful due to excess verification and documentation. But the opposite is applicable with NetCredit. I recommend their service
HB
Henrietta B.
Apr 24, 2020
May or may not recommend
Due to Coronavirus I am not working I called net credit to get deferment or something to help me out while not working and the answer was there's nothing that can be done and I should have known that at 289% I will be paying this loan back like a car note netting this 4000 dollar loan into 47;000 for net credit. Unfortunately I don't know the practice's of ...Show More
U
Anonymous
Dec 31, 2019
May or may not recommend
Due to a family emergency, I needed financial assistance quickly. NetCredit REALLY came through! I appreciate their help, & HIGHLY recommend their services.
U
Anonymous
Dec 12, 2019
May or may not recommend
I needed a loan for 1,500. Because my situation happened at a short notice, I needed the money by the next business day. I started the application process Friday evening. Both Friday and Saturday, I spoke to a customer service representative and was told that if I get all the information in by Saturday at 2pm, I should be funded the money by Monday. The online documents even ...Show More
Sylvia B.
Jul 4, 2019
May or may not recommend
The interest is too high! Requested an $8,000 loan, qualified for $3,140 with payments of $163 for 60 months! Ridiculous. I never completed the loan.
Charlie W.
May 16, 2019
May or may not recommend
Bait and switch, promises one thing, presents another. $8500 loan will cost me $24k over 3 years.
Adrian L.
Apr 11, 2019
May or may not recommend
To much intrest, hate I had to use it. No way would I do this again, robbing the middle class
AT
Amy T.
Mar 14, 2019
May or may not recommend
This is the worst company to get credit from if you don’t plan on paying back in 30days do not get this the interest rate is through the roof at times if you make a 261 payment it will not get applied to your principle balance and every month you pay only 10-15 dollars get applied to principle!
Gwendolyn B.
Mar 13, 2019
May or may not recommend
673 score has Awesome potential for a loan, not according to their standards. Not only did I not get approved, but I also received a hard inquiry on my credit. A lesson learned. My debt ratio is excellent. If I receive a greater rate and opportunity other than Net credit. You guy's will know.
Ola P.
Mar 7, 2019
May or may not recommend
with a 129% interest rate, a strong NO. Sell something, go to a relative or friend.
Friesianexile ..
Jan 7, 2019
May or may not recommend
Offered a loan at 67% interest, last time I checked that’s a loan shark.
U
Anonymous
Nov 26, 2018
May or may not recommend
The process ended when I was told I was required to give them my log in for my online banking. I offered to send bank statements but was told they are required to have my login information. Don’t think so...I have NEVER had a lender require access to my bank account! There is something nefarious about that requirement. RUN!!!
LH
Lurene H.
Oct 24, 2018
May or may not recommend
The interest rate is astronomical but this company gave me the chance that I could not or did not receive from traditional banks or credit unions.
GH
Ginger H.
Sep 29, 2018
May or may not recommend
ACCEPTS THE “ACH AUTHORIZATION” so that they don’t ask you for your first born and DNA!! I had so send SOOO many things because I Hadn’t accepted that. Until FINALLY 1 amazing phone rep told me ‘if you just accept the ACH Authorization’ you won’t need to send anything more and then you can Decline the ACH Auth. right after you get the money or at any time’ ????????????????????????????????????????????????????????
And you ...Show More
HS
HARALD S.
Sep 27, 2018
May or may not recommend
BEFORE USING THEM CHECK YOUR STATE USURY LAWS
THEY IN VIOLATION IN THE STATE OF VIRGINIA
USURY LAW IN THE STATE IS 24% THEY HAVE NO LENDING LICENSE
TO CHARGE MORE
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