It’s not surprising in our modern world full of expensive temptations when you would like to purchase something really necessary, but lack of money makes it impossible.
That is the reason why personal loans were created one day – they allow buying things without saving for years and asking your friends and relatives to lend some money.
There are lots of services and banks providing this type of loans, and you’d better check and choose the most advantageous one.
NetCredit is an online service in the list of the most popular personal loans providers.
Features and Peculiarities
NetCredit personal loans are applied for and provided online, and what is great about this service, if compared with banks, is an ability to get a loan even if your credit history is not as ideal as it would be demanded by other lenders.
The peculiarity of the personal loans NetCredit provides is an ability to discover what interest rate and sum of money they are ready to lend only after applying for credit.
It may be easily explained by the fact that each applicant is considered individually, and every possible offer depends on employment history, credit and loan repayment history, salary and state.
As a young company, NetCredit is still not available in all the states. You can place a request to be serviced primarily as soon as NetCredit appears at your location.
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However, its chain is not small, and you are welcome to become a customer if you live in:
- New Mexico;
- North Dakota;
- South Carolina;
- South Dakota;
In case you have got any questions, it’s possible to contact customer support service via email or phone.
As for calls, the staff is rather polite, according to numerous NetCredit reviews, and will gladly assist you from 8 a.m. till 8 p.m. on weekdays and from 9 a.m. till 5.30 p.m. at weekends.
A great advantage of the service is being a direct lender, i.e. the lender providing unsecured loans. All you need is to fill in a simple form at the website and wait till your data are processed.
Then, you will receive your credit score which would influence the sum of money available and payments.
The annual percentage rate depends on the tier you belong to:
The better the tier is, the more beneficial credit terms you may apply for.
Also, minimum, maximum sums of loan and interest rates would depend on the legislation of the state you live in.
As for personal details, you will have to mention your name, contact information, purpose of the loan and sum desired, source of income, income after taxes, job information, frequency and kind of salary payment and security number.
In case some other information is needed or is to be verified, NetCredit managers may contact you.
In general, any NetCredit review claims the process to be quite quick and convenient.
NetCredit loans rates are quite high, but they are fixed and no additional payments like prepayment penalties, loan origination fees, Late fees or NFS fees are present.
Thus, you may be not afraid of hidden payments. The sum of a loan depends on the state and varies from $1,000 to $10,000; and it is to be repaid within the term from 6 to 60 months.
Repayments are made via either electronic funds transfer or remotely created checks. The first way of payment must be performed on a due date, the second one is to be made beforehand, so that the time of funds transfer by your bank is taken into account.
Courtesy due date adjustment is available in case of late payment of wages or salary.
Also, you can renounce the loan, if not satisfied, by 5 p.m. of the day after you get it.
NetCredit personal loans are a chance to obtain a loan for those who have got poor credit history.
Not all the loans reviews are positive as a result of unsavory reputation of its parent company, but NetCredit is proving to be reliable and easy to have business with.
In spite of high rates, it offers good conditions and credit terms.