Can NetCredit report me to credit bureaus for non-payment?

YES—and they also report on-time payments.

This is a significant distinction from predatory lenders who only report defaults.

NetCredit reports to two of the three major credit bureaus: TransUnion and Experian . They do not report to Equifax . This means:

• Your credit-building benefit is partial
• Equifax-based lenders may not see your positive payment history
• Check your TransUnion and Experian reports to verify accuracy

The Conditions for Reporting:

• On-time payments → Positive credit history (good for your score)
• Payments 30+ days late → Negative mark on credit report
• Default/charge-off → Serious negative mark for 7 years
• Loan deferral/extension → If approved and terms met, should not report as negative

Your Rights Regarding Credit Reporting:

• You have the right to dispute inaccurate information directly with TransUnion or Experian
• You have the right to request your free annual credit report from AnnualCreditReport.com
• If NetCredit performs a credit check without your permission (as some customers have complained ), you have the right to dispute that inquiry
• You have the right to add a consumer statement to your credit report explaining any negative mark

The Good News: NetCredit is one of the few high-APR lenders that actually helps you build credit if you pay on time. The bad news: 34%-99.99% APR is a very expensive way to build credit