Although loans are underwritten and issued by Republic Bank, they are still managed by NetCredit (in select states, loans are originated by another lender in the NetCredit network). They range from $1,000 to $10,000 with repayment terms up to 60 months. Interest rates vary by state and loan product, and loans are also assessed an origination fee.

Loans are also unsecured, so your vehicle or home won’t be at risk in the event you default on the payments. But each time you make a payment towards the balance, this information is reported to the credit bureaus. And if you make timely payments for the duration of the loan, your credit history and score will improve as long as you responsibly manage all you other debt products.

Another added benefit is the ability to lower your payment by up to 15 percent by refinancing if you’re in a financial crunch. To qualify for refinancing, you must meet certain criteria and live in Alabama, California, Delaware, Idaho, Missouri, New Mexico, North Dakota, South Dakota, Utah, or Virginia.

You may also be able to borrow additional funds before the loan is paid off if the balance on the existing loan is low. This option is only available to select customers who reside in Alabama, California, Delaware, Idaho, Missouri, New Mexico, North Dakota, South Dakota, Utah, and Virginia.

Customers wishing to inquire about loan refinancing or borrowing additional funds can view their eligibility directly from the dashboard or call (877)392-2014 to inquire.

As mentioned earlier, creditworthiness isn’t the only factor considered when evaluating your loan application, but it plays a major role in the amount you receive and applicable rate. Also, you should:

• Be at least 18 years of age
• Have a Social Security number and be a U.S. citizen or permanent resident
• Have a steady source of income and a valid checking account in your name

When you’re ready to apply for a loan, take the following steps:

• Step 1: Click the red button that reads “Check Your Eligibility” on the website.
• Step 2: Enter the requested information to create your personal account.
• Step 3: Submit your information and review the loan offer.

It usually takes just a few seconds to receive a lending decision. But in some instances, the decision may be delayed if there are issues with your application or a team member needs to review additional documentation to determine if you qualify for funding.

If you’re approved, you may be able to customize the loan offer, including repayment terms and amount, to better suit your budget and financial needs. And if the loan doesn’t quite work for you, you have the option to return the loan proceeds by 6 pm CT the following business day with no penalty to you.

The loan disbursement time frames are:

• Loan applications approved before 6 pm CT Monday through Thursday: the next business day
• Loan applications approved after 6 pm CT on Thursday but before 6 pm CT on Friday: the following Monday
• Loan applications approved after 6 pm CT on Friday: the following Tuesday

Delays are possible on account of bank holidays.

You can reach NetCredit by phone at (877)392-2014 or email at [email protected]