NetCredit markets its line of credit as flexible and transparent — but many borrowers end up paying far more than expected.

Each draw triggers a Cash Advance Fee, and every billing cycle adds a Statement Balance Fee, even if only small amounts are borrowed or minimum payments are made.

For users who take out frequent small draws or follow the minimum payment schedule, these repeating charges can make the actual cost of credit far higher than disclosed.

That lack of clarity may be deceptive or unfair under state consumer laws, and it may also violate federal disclosure rules meant to ensure borrowers understand what they’re agreeing to.

Consumers in multiple states are seeking refunds of all draw and statement fees, reimbursement of overdraft or NSF spillover, and reforms to ensure transparency going forward.