How to apply
Although loans from NetCredit are highly accessible, personal loan lenders can't originate their products without examining some documents and verifying a borrower's income, employment, identity, and address. Therefore, what you need to apply for a loan is your passport, Social Security card, Birth certificate, State or federal ID that can prove your identity; bank statements, employee pay stubs, 1099 or W-2 forms to prove your income; lease or mortgage agreement, utility bill, statement of benefits to prove your address.
Application details
Applicants typically find out whether they are approved or not within the same business day. However, in some cases, lenders can extend this term up to three business days and require more financial information from their clients. Applicants who submit their application before 7:00 am from Monday to Friday can receive their funds on the same business day.
Reasons for rejection
Even such a loyal lender as NetCredit can reject an application for a loan for a number of reasons. For example, if the loan principal is too large, if a borrower has extremely bad credit, if his credit report contains errors, or if his outstanding balance is high. Fulfill the application for NetCredit personal loans carefully, as missing information or lack of verification may become a reason for refusal too.
NetCredit only accepts applications sent via the internet. Through this, it performs an analysis of the financial situation of its candidates and makes the best loan decision for them. This process does not affect the borrower's credit history. The entire application process should only take a few minutes to complete.
How to apply for a NetCredit personal loan?
Here is what you can expect from applying for a loan online. First of all, you will set up an account and provide the lender with some basic information (soft credit inquiry does not affect credit). Secondly, you will create an account using your email and selecting a password. Remember that if your state is not eligible, the application process will stop there. If you qualify, NetCredit will provide you with several loan options to choose from. If you are not satisfied with them, you can click on the "Modify loan details" button to adjust your personal loan offer. After that, you will have an opportunity to choose the loan and repayment terms that fit you best.
After signing the contract, you can wait for the final approval of the loan. Once you have approved, you will be requested to put your signature on a contract. Then NetCredit will conduct a final credit check and fund you a loan. To get detailed instructions regarding the application process, visit the "Personal Account" section of the article.
