direct lender

NetCredit / Enova

Online installment-loan brand operated by Enova.

BorrowerRisk7.6High concern

What it is

Online installment-loan brand operated by Enova.

Cost structure

High-cost installment or line of credit

Main concerns and tradeoffs

High APR potential plus the parent company’s documented CFPB enforcement history.

Evidence and verification

Classification and concerns are based on the primary source below. Product terms, availability, and company practices can change.

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