An online payday loan connection service, with wary practices.
NetLoanUSA connects borrowers to a payday loan provider in its network through one online application.
You can request for up to $1,000 through your NetLoanUSA payday loan application, although the amount you qualify for depends on your ability to repay, applicable state regulations and the lender’s criteria.
FTC charge causes concern for potential borrowersThe Federal Trade Commission previously charged Blue Global, LLC, NetLoanUSA’s parent company, with unlawfully sharing consumer information. Their website doesn’t provide any contact information and is not secure based on Google’s standards. If you’re unsure about NetLoanUSA, consider these legit short-term lenders instead.
The costs of borrowing
Payday loans come with higher fees than other traditional forms of credit, and loans you apply 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 does NetLoanUSA compare to other short-term loan providers?
How safe is NetLoanUSA?
NetLoanUSA may be an unsafe option for your borrowing needs. The website doesn’t use “https://” in its web address, which is considered standard for websites that process personal information.
How to apply
If you decide to use NetLoanUSA or another loan-connection service, you’ll generally need to supply the following:
- Ar least 18 years old
- A resident of the US
- A regular source of income
- An operational checking or savings account
Here is some of the information you’ll need in order to apply.
- Your complete name, current address, time spent at current address, residential status, phone number and email address
- Your date of birth, Social Security number and driver’s license number
- Your employer’s name and phone number, time spent with current employer, pay frequency, next pay date and monthly income
- Your bank’s name, its routing/ABA number and your account number