Personal loans · Methodology v2026.08 · graded 2026-09-05
NetCredit grades C (71.4/100) for personal loans under our published rubric, with 5 of 7 dimensions scored — 70% of the rubric's weight, so the grade is provisional. Every number below links to the lender’s own page or a regulator’s record, with the date we retrieved it.
NetCredit
NetCredit is a brand operated by a member of the Enova International family of companies, or by a lending partner bank (Quill Bank or Republic Bank & Trust Company) depending on the borrower's state
Why this grade cannot be higher than C
Advertises personal loan APRs up to 99.99%, on its own published Rates & Terms disclosure -- 63.99 percentage points above the 36% Military Lending Act cap that applies to servicemembers, and nearly 2.8 times that benchmark. Even the low end of the advertised range (34.99%) sits just under the cap; the high end is nearly triple it. Source (retrieved 2026-08-24)
100/100
Both a minimum and a maximum APR are published, sourced from the lender's own official page (retrieved 2026-08-24).
0/100
Maximum published APR is 99.99%, 63.99 percentage points above the 36% Military Lending Act benchmark (10 U.S.C. § 987; 32 CFR Part 232).
100/100
Maximum origination fee is 0% of the loan amount, against the 0%–8% range this methodology treats as typical for this loan category.
A regulatory-enforcement-record search has not yet been completed for this lender. This is a research gap, not a clean bill of health.
No CFPB complaint-volume figure has been mapped for this lender yet.
100/100
Verified via federal charter: Loans issued by a partner bank (Quill Bank or Republic Bank & Trust Company) — federally chartered, verifiable via FDIC BankFind.
100/100
4 of 4 structural terms are clearly disclosed on the lender's own materials — disclosed: Prepayment penalty policy, Late fee amount or policy, Loan amount range, Loan term range.
See NetCredit’s own rate page · Graded 2026-09-05 under methodology v2026.08.
The weights and thresholds are published on the lender grades criteria page before any grade, using numbers fixed in advance. A stranger can take the same public facts cited here and reproduce this grade by hand. A dimension only scores when a real, sourced number exists for it — when one is missing we say “not yet researched” instead of averaging it away, and the “% of rubric scored” figure above is the exact fraction of the published weight this grade rests on.
5 of the 7 published dimensions — cost transparency, cost level vs. mla benchmark, fee burden, licensing verifiability, terms clarity — each backed by a published number, a source URL, and a retrieval date. That is 70% of the rubric's total weight, which is why the grade is labelled "Provisional". The remaining 2 (regulatory record, complaint density) are not scored yet; we say so rather than guess.
No. It is an educational summary of public facts about NetCredit's published terms and public record under a rubric fixed in advance (methodology v2026.08). It is not legal or financial advice, and a grade cannot tell any one borrower whether a loan fits their situation.
NetCredit's own published terms cross a threshold this methodology fixed in advance, or a public regulator has a docketed enforcement action on file, so the grade cannot be higher than C regardless of the other dimensions. The exact figure or docket, with its source and retrieval date, is shown on this page.
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