CreditNinja review: is CreditNinja legit?
CreditNinja is a legitimate online installment lender, and CreditNinja Lending, LLC is the company behind it.
- APR
- Not published
- Amounts offered
- $300 to $5,000
- States
- Not listed
- Complaints to the CFPB
- 308
- Enforcement actions
- None found
CreditNinja on file
- Owner
- CreditNinja Lending, LLC
- Issued by
- Depending on your state, the lender is CreditNinja, a partner bank insured by the federal government (the site lists First Electronic Bank or Quill Bank), or in Texas an independent lender where CreditNinja acts as a credit access business.
- Product
- These installment loans are arranged through partner banks or made by CreditNinja, based on the state
- Repayment length
- 3 months to 24 months
- Credit checks
- No traditional FICO score is used; credit history is checked with a different credit company, and a hard pull may slightly lower the score.
- Time to get the money
- same business day when approval comes on a weekday before 10:30 a.m. CT; if not, usually the next business day
Taken from what CreditNinja publishes, CFPB complaint counts and public enforcement files. All sources are listed at the foot of the page
CreditNinja fees and costs
CreditNinja gives this example: For CreditNinja's own loans, a sample is $100 borrowed for 3 months at 35.99% APR, 3 payments of $35.35 due each month..
Good to know about CreditNinja
- Depending on your location, it acts as a lender, a bank-loan marketer, or a Texas credit access business.
- While its non-bank loans cap at 35.99% APR, the pages we checked do not publish APRs for bank-partner loans.
- Loan amounts run from $300 to $5,000 with terms up to 24 months.
- It says a separate credit company, not FICO, is used to review credit
States where CreditNinja lends
The CreditNinja pages we read give no list of states. Ask which license covers your state and check it on NMLS Consumer Access before you share bank details.
CreditNinja complaints and lawsuits
The CFPB database lists 308 complaints naming CreditNinja Lending, LLC. Most common issues: you were charged fees or interest that you did not expect.; they attempt to collect a debt you do not owe.; you are struggling to pay your loan.. Check the CFPB count
Our search of CFPB, FTC and state enforcement records turned up nothing against CreditNinja.
Want a cheaper loan than CreditNinja?
Talk to a specialist about lower-cost choices in your state, credit union loans included. Talk to someone about cheaper options: 855.947.5189
This line reaches a debt and loan options specialist. We are not CreditNinja and cannot reach your CreditNinja account.
CreditNinja alternatives: loans like CreditNinja
| Lender | Type | APR | Amounts | States named | CFPB complaints |
|---|---|---|---|---|---|
| CreditNinja (this record) | Online installment lender | – | $300 to $5,000 | – | 308 |
 Rise Credit | Online installment lender | 60% to 299% | $500 to $5,000 | 31 | None filed |
 Fig Loans | Online installment lender | 190% to 279% | $50 to $800 | 6 | 422 |
 OppLoans | Online installment lender | 99% to 195% | $500 to $5,000 | 41 | 2,172 |
 NetCredit | Online installment lender | 34.99% to 99.99% | $1,000 to $10,000 | 38 | 6,080 |
– means the company does not publish it. Complaint counts are totals, not rates: a bigger company draws more. Open any name for its full record.
Questions about CreditNinja
Is CreditNinja legit?
CreditNinja Lending, LLC operates CreditNinja, an actual online installment lender. CreditNinja Lending, LLC has 308 complaints stored in the CFPB complaint database.
Who owns CreditNinja?
CreditNinja Lending, LLC. Which lender appears on your loan depends on the state. It may be CreditNinja itself or a federally insured partner bank (the site names First Electronic Bank and Quill Bank). In Texas, the lender is an unaffiliated company, while CreditNinja acts as the credit access business in that state.
Does CreditNinja check your credit?
According to CreditNinja, no traditional FICO score is used. A different credit company is used to review credit history, and a hard pull may slightly lower the score.
How fast does CreditNinja send the money?
CreditNinja says weekday approvals before 10:30 a.m. CT are funded the same working day, and the rest generally the next working day.
Has CreditNinja been sued or fined?
Our search of official sites showed no CFPB, FTC or state enforcement action taken against CreditNinja.
Where the CreditNinja facts come from
- Site operator; Either CreditNinja funds the loan itself, or it sets up the deal with banks or other lenders.; They name First Electronic Bank (Utah) as a bank partner.creditninja.com
- A federally insured bank makes the loan in most states.creditninja.com
- Amount range; Maximum term; They note a hard inquiry on your credit.creditninja.com
- A separate credit company performs the credit check, not FICO.creditninja.com
- They have been in business since 2018.creditninja.com
- Total complaints for CreditNinja Lending, LLC in the CFPB database.consumerfinance.gov