CreditNinja Review: Legit Fast But Pricey Cash Loans
- Min. Amount
- $300
- Max. Amount
- $5,000
- Turnaround time
- 1 to 2 business days
Our verdict
An easy application process and fast funding may not make up for triple-digit interest rates.
CreditNinja offers installment loans from $300 to $5,000, with no minimum credit score and funding as soon as the same day. Terms go up to 24 months — longer than most payday loans — but rates are extremely high and origination fees apply. It also requires income by direct deposit, which may exclude gig workers. This loan might work in an emergency, but it’s an expensive last-resort option.
Best for: Bad credit borrowers who don’t qualify for less expensive loan options.
Pros
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Loans from $300 to $5,000
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Accepts bad credit borrowers
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Funding as soon as the same day
Cons
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APRs could reach triple digits
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Charges origination fees
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Does not disclose rates and fees before applying
Is CreditNinja legit?
CreditNinja is a legitimate company. It’s not accredited by the Better Business Bureau (BBB), but it has an A- rating and many reviews from (mostly) satisfied customers. It also attempts to communicate with unhappy customers and has closed 32 complaints within the last year.
CreditNinja is transparent about communication, providing not only email and live chat access but also a phone number and physical address. Loans are provided by two FDIC-insured banks: First Electronic Bank and CC Connect, a division of Capital Community Bank, both based in Utah.
What makes CreditNinja shine?
We like that CreditNinja doesn’t have a minimum credit score requirement, giving borrowers with poor credit histories a loan option beyond short-term payday loans. It’s also nice that it offers loans as large as $5,000, which is more than you can get with other fast funding options such as cash advance apps.
In addition, customer reviews regularly praise the easy online application process, good customer service and fast funding.
Where CreditNinja falls short
CreditNinja may not officially be a payday loan lender, but evidence points to APRs on par with payday loans. Its website states that rates for loans exceed 36%, and individuals protected by the Military Lending Act aren’t eligible to apply. Reviewers report triple-digit APRs, whereas most online personal loans are typically between 6% and 36%.
It’s also unfortunate that CreditNinja normally charges origination fees. It doesn’t disclose those fees until you’ve applied, but typically origination fees can reach as high as 10%, and they’re deducted from your loan proceeds. For example, if you borrow $1,000, you’ll only receive $900, but you’ll pay interest on the full amount.
How CreditNinja compares to other lenders
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How we picked theseWhat is the Finder Score?
The Finder Score crunches 3+ types of short-term loans across 65+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.
To provide a Score, we compare like-for-like loans. So if you're comparing the best short-term loans for all credit types, you can see how each short-term loan stacks up against other short-term loans with the same borrower type, rate type and repayment type.
CreditNinja loan details
| Minimum credit score/credit range | No minimum credit score required |
| APR | Undisclosed, but more than 36% |
| Loan amounts | $500 to $5,000 (Individual states may vary) |
| Terms | 4 to 24 months |
| Approval turnaround | As soon as same day |
| Availability | Available in: Alabama, Arizona, Arkansas, California, Delaware, Florida, Idaho, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Utah, Wisconsin, Wyoming |
| Fees |
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CreditNinja contact information
| Phone number | 855-646-5201 |
| customer service hours | Weekdays: 8 a.m. – 6 p.m. CT |
| [email protected] | |
| X, formerly Twitter | @CreditNinjaCom |
| @CreditNinjaCom |
Calculate your monthly loan payments
To find out how much you’ll end up paying each month and over the life of the loan, enter your loan amount, interest rate and repayment term into the calculator below.
Monthly Repayment Calculator
See how much you'll pay|
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Fill out the form and click on “Calculate” to see your estimated monthly payment.
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| Principal | $ |
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| Total Cost | $ |
How to qualify for CreditNinja
To qualify for a CreditNinja loan, you’ll need to meet these minimum requirements:
- Be over 18 with a valid Social Security number
- Have a verifiable checking account
- Have a recurring source of income paid by direct deposit (paycheck, disability, social security, etc.)
- Agree to a credit check
- Have no active bankruptcies
How to apply
To apply for a loan through CreditNinja, all you need to do is:
- Go to the CreditNinja website and select Apply now.
- Fill out the application by providing your name, address, email, phone number, date of birth and SSN.
- Provide your bank details so CreditNinja can verify your income.
- Receive a loan offer, review the details and decide if you want to accept the terms.
- Sign the agreement if you agree with the terms. Expect your funds within 24 hours.
CreditNinja reviews and complaints
| BBB accredited | No |
|---|---|
| BBB rating | A- |
| BBB customer reviews | 4.21 out of 5 stars, based on 399 customer reviews |
| Trustpilot Score | 4.6 out of 5 stars, based on 9,324 customer reviews |
| Customer reviews verified as of | 22 May 2025 |
CreditNinja has mainly positive reviews on Trustpilot and the Better Business Bureau. On Trustpilot, the company earns four or five stars from 89% of customers. Ratings are similar on the Better Business Bureau website, which is unusual since customers primarily use the site to lodge complaints.
Those who give the company high ratings praise the simple online application process, fast loan approval time, speedy funding and helpful customer service reps. The primary complaint is about the cost of borrowing. Many customers take issue with the company’s triple-digit interest rates and report repaying more than double what they originally borrowed. Other complaints include rejected applications and funding not arriving on the same or next business day.
What do people on Reddit say?
But plenty of comments warn against using CreditNinja because of its high interest rates and hidden fees. There are also people on Reddit asking for help because they’re having trouble paying off their CreditNinja loans, highlighting how this type of loan often traps borrowers in a cycle of debt.
Frequently asked questions
Is CreditNinja a monthly payment?
Yes, when you take out a loan through CreditNinja, you pay it back in monthly installments. A detailed payment schedule can be found in your loan contract, which is sent after your application is approved.
Does CreditNinja affect your credit?
Applying for a loan with CreditNinja may lower your credit score slightly if the company conducts a hard credit check. If you take out a loan and miss payments or default, CreditNinja could report this activity to the three major credit bureaus, which damages your credit score. But taking out the loan and repaying on time likely has a positive impact on your credit.
Does CreditNinja accept everyone?
While CreditNinja doesn’t have a minimum credit score requirement, it doesn’t automatically accept all applications. You must be 18 years or older and have recurring, verifiable income deposited into your checking account to qualify.
How fast will my CreditNinja loan be funded?
Applications approved before 10:30 a.m. Central Time, Monday through Friday, are normally funded the same business day. If you’re approved after that time, you’ll usually receive the loans on the next business day, unless further verification is needed.
If CreditNinja turns me down for a loan, can I reapply?
If you already have a CreditNinja account, you can log in to your account and, if you’re eligible to reapply, you will see a button to click.
Can CreditNinja send my loan funds by check?
No. CreditNinja loan proceeds are deposited directly into your bank account, so you’ll need to have a verified checking account to qualify for the loan.
Will CreditNinja let me change my repayment date?
You can change your repayment date if your current date isn’t convenient, but you can’t do it through your online account. You’ll need to call CreditNinja at 855-646-5201 and talk to a customer support member.
Your reviews
Christi Finder
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