NetCredit Personal Loans Review 2022

Personal loan applications are approved or declined based on a number of factors. All lenders have their own unique underwriting requirements, but these typically include information from an applicant’s credit profile and other factors that demonstrate the ability to repay the loan, such as income. Meeting the requirements below won’t guarantee approval, but they can help you decide if a personal loan is the right fit for you.

Credit Score Requirements

A NetCredit representative confirmed that “applicants with [a credit score of] 620 or below” may qualify. Its website also says your eligibility is “determined by looking at your broader financial picture, not just your credit score.”

Income Requirements

While NetCredit does not disclose a minimum income requirement, it does require that you have  a verifiable source of income.

Co-signers and Co-applicants

NetCredit does not allow co-signers or co-applicants on its loans. If you are married, you cannot add your spouse to the loan. This can make it harder to qualify for a NetCredit loan if you don’t meet the income or credit score requirements.