NetLoanUSA review
- Min. Amount
- $100
- Max. Amount
- $1,000
- Turnaround time
- Same business day to 1 business days
Our verdict
Out of business — so compare more options.
Blue Global Media, which owns NetLoanUSA, reached a settlement with the FTC for more than $104 million. This is due in large part to its failure to act as a legitimate connection service.
Instead, it sold applications — including users' sensitive personal information — to any buyer without regard to how that information would be used. It also failed to take consumer complaints seriously after their information was misused.
Because of this, both Blue Global Media and its CEO were forced to stop business and file bankruptcy.
Look for alternative lenders and connection services if you need a payday loan.
Details
Product details
| Product Name | NetLoanUSA Loans |
| Min. Amount | $100 |
| Max. Amount | $1,000 |
| Loan Term | Varies |
| Loan Security | Unsecured |
| Turnaround Time | Same business day to 1 business days |
| Costs | Varies depending upon the state where you reside. |
| Requirements | Should be currently employed and earn at least $1000/month, be 18 years of age or older and a U.S. citizen, and also hold a checking or savings account with direct deposit. |
Compare other lenders
Browse legit lenders like Check Into Cash and OppLoans to find your next loan.
The costs of borrowing
Payday loans come with higher fees than other traditional forms of credit, and loans you would have applied for through NetLoanUSA are no different. Your loan offer document outlines all applicable fees and charges linked to your payday loan.
Go through these carefully before accepting the loan. If you find the fees are too high, there is no obligation to accept the loan. If you do, you are subject to the terms of your contract.
Always be sure you are able to repay any money you borrow. If you have a late or missing payment, it could impact your credit score and cause an increase in what you owe to your lender.
How safe is NetLoanUSA?
NetLoanUSA is not a safe option — and its website isn’t currently active. You should use another connection service with a secure process instead.
How to fill out NetLoanUSA’s online form
There is no application process for NetLoanUSA. As of February 2021, its website is not available and its parent company is no longer in business.
You should compare legit payday loan options before you submit any personal information to a connection service or online lender.
NetLoanUSA Loans is not currently available on Finder
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Your reviews
Elizabeth Finder
Senior editor
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