NetPay Advance is the Leading AI Lending Marketplace

NetPay Advance is a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans. Through best-in-class customer service, transparency, responsible lending and financial inclusion, the Company supports consumers, who are turned away by mainstream options, to build better financial health.

OUR MISSION

To Improve Access to Credit for All

Money is a fundamental ingredient of life, and unless you’re one of the few percent of Americans with significant wealth, the price and difficulty of borrowing affects you every day. Throughout history, affordable credit has been central to unlocking mobility and opportunity.
Our mission is to facilitate safe, simple and more affordable credit access to everyday Americans who currently lack traditional options while rebuilding their financial health.

HOW TO

Get a Loan With Us

To start, you pass a simple procedure of filling out an online application form. It’s free and doesn’t affect your credit. It allows lenders to check your creditworthiness and decide on Your Loan terms.

The algorithm of getting an online loan typically involves four simple steps:

  1. Complete our form with a few personal details, including information about your income, employment, and current debt.
  2. Then the lender will run a soft credit check to assess your creditworthiness. It allows them to make sure you can repay on time.
  3. If the lender decides to move forward with Your Loan after your credit assessment findings, you’ll get the information about the terms you can expect to have.
  4. If you’re satisfied with all the terms and conditions, accept the offer. Finalize the process directly with the lender and get your money as soon as the next business day.

345

Employees

85

NPS Score in 2023*

800

Thousand Customers Served

25000

Highly Rated Customer Reviews

THE FUTURE

The age of
artificial intelligence

AI is shaping up to be the largest technology transformation of our time. Bigger than the web. Bigger than the cloud. Bigger than mobile.

Software that learns and improves in the same way we learn—through interaction with the real world—has unlocked possibilities we could only have dreamed of a few short years ago.

NetPay Advance pioneered the application of artificial intelligence to lending, enabling a system that is dramatically more efficient and more accurate for both borrowers and lenders. Rapid developments in AI foreshadow a world where the right borrower is automatically approved at the right price, instantly and effortlessly.

WHAT WE DO

How does NetPay AI remake the lending process?

1
1

Credit Decision

It starts by vastly expanding the information used to inform a credit decision. Our sophisticated machine learning algorithms tease out relationships between more than 1,600 variables.

2
2

Intelligence Driven

Trained on more than 120 billion cells of performance data, our Al system learns and improves on its own. With an average of 85,000 new repayments due each day across all of our lending partners, our models optimize in response to daily loan-level repayment and delinquency data.

3
3

Auto Prediction

As a result, our proprietary and patented loan-month model can predict the likelihood of default or prepayment for each month of a loan term for every applicant.

4
4

Fraud Detection

We apply Al to verification and fraud detection for an instant and effortless experience. NetPay Advance applies Al to every step of the lending process. By automating identity verification, fraud detection, and income and employment verification, NetPay Advance makes credit origination instant and effortless—for borrowers and lenders.

5
5

Modeling the impact of the Macro

With the NetPay Macro Index (NMI), we are tackling one of the most challenging aspects of lending— navigating changes in the economy. NMI helps our lending partners better understand and account for the effect that macroeconomic conditions have on credit performance.

OUR TEAM

Meet our Awesome Leadership Team

About Us

NetPay Advance is a state-licensed direct lender. See our rates and terms page for more information. In Texas, NetPay Advance is a state-licensed credit access business (CAB) and maintains a partnership(s) with a state-licensed direct lender(s) to facilitate safe and secure loans for our customers.

With an eligible debit card provided, all customers can access instant funding.

By submitting your information you understand and agree to our Privacy Policy and Terms of Use

Short-term Loan 14-day APR Range: 2731.07% – 514.29% APR varies per state regulations. Failure to make timely payments may result in NSF or late fees. If your account becomes severely delinquent, it may be turned over to a 3rd party collection agency which could impact your credit score. Loans do not automatically renew without prior approval. If you renew or “rollover” your loan, your principal balance may not be reduced and you will owe additional fees and/or interest.

Customer Notice: Short-term advances should be used for short-term financial needs only, not as long-term financial solutions. Customers with credit difficulties should seek credit counseling.

California residents: By using this site you acknowledge disclosure of your rights under the California Consumer privacy protection act of 2018 as disclosed in our California Resident’s Privacy Policy Addendum. NetPay Advance, Inc. is licensed by the California Department of Financial Protection and Innovation pursuant to the California Deferred Deposit Transaction Law and California Debt Collector Licensing Act. License Number: 10977-99.