NetCredit personal loans and 30-day, 60-day and 90-day loans are all term loans. This means a customer can receive a lump sum up front and repay it in installments over a scheduled period of time. The difference between NetCredit personal loans and short-term loans is that NetCredit allows you to apply for more money and repay it over a longer period of time. If you’re able to pay off your loan sooner than your scheduled term, you can do so with no penalty fee.