Loans from
$300 – $5,000
Repayment term
4 – 24 Months
Minimum credit score
No min. to apply
The figures provided are representative of a typical installment loan made or arranged by CreditNinja and are not guaranteed rates or terms that you may qualify for. For more information click here.
Online payday loans may offer a quick, short-term financial solution for financial emergencies. However, they come with high interest rates and fees that can damage your credit.
CreditNinja doesn’t offer these loans, instead we do offer quick personal loans, which is a potentially more affordable option.
What Is a Payday Loan?
Payday loans, also known as payday advances, are short-term, high-interest loans that typically don’t require a credit check. These loans are designed to tide borrowers over until their next payday. Once it’s time for repayment, most payday lenders electronically withdraw funds from the borrower’s bank or prepaid card account. If there are insufficient funds in the borrower’s account, the borrower is hit with additional fees.
Payday lending can be very costly, but it is a quick solution for individuals that need to borrow money quickly. This is why payday lenders generally cater to individuals with less-than-perfect credit scores, who may not have many financing options.
CreditNinja does not offer this type of high cost loan, but we do offer a fast online personal loan with flexible credit requirements. The scope of this content is for you to understand online payday loans and whether they are suitable for your situation at this time.
How Do Instant Payday Loans Online Work?
Here’s a 3-step guide on the simple loan process for online personal loans, which are an alternative to payday advances:
- Application – Fill out an online application form with your personal information.
- Approval – Most applicants get a same day approval decision.*
- Funding – A lump sum payment may be directly deposited the same day you are approved.*
These are the average terms:
- Loan Amounts – Range from $300 to $5,000.
- Interest Rates – The interest rates are highly competitive.
- Loan Fees – There are no prepayment penalties or hidden finance charges.
- Repayment Terms and Options – Repayment plans range between 4 and 24 months.
CreditNinja personal loans provide fast cash through a simple online process, similar to payday lending. However, loan terms are more flexible and affordable for borrowers.
How to Apply for a CreditNinja Loan
| Apply Online Fast & Easy | Income Verification | Same-Day Availability |
|---|---|---|
| The application form is simple and easy to complete. We only ask for minimal information, such as your name, address, and income. Most applicants complete the process within 2 minutes. | We use bank verification (BV) to confirm your income and bank account information. You must provide your bank account and routing numbers during this process. Rest assured that we use a trusted security service to protect your data from online attacks. | Once you are approved for a CreditNinja loan, your money will be sent via direct deposit to your checking account. If approved, once you sign for your loan, your money may get directly deposited the same day.* |
Eligibility and Requirements: Who Can Apply for a Fast Payday Loan Online?
CreditNinja is not a payday lender and does not offer payday loans. Instead, we offer quick online personal loans up to $5,000.
We aim to be the solution for people who have difficulty getting traditional loans. That’s why you don’t need perfect credit to qualify for fast emergency cash. We consider various factors, such as your income and debt, when making approval decisions.
What CreditNinja Loan Customers Are Saying
|
Credit Ninja made it easy to get a quick web loan. Website was easy to use and I was approved in minutes. – Ana |
Thank you for making this a very smooth stress free transaction. I would definitely recommend CreditNinja to anyone who has a hard time finding a loan. The payments are well within reach. – Nancy |
I needed some financial help with some upcoming payments and Tiffany was awesome in helping me out with a lower payment until I was able to pay the full amount on my payments! Thank you for your help and understanding! Great company! – RC |
Payday Loan FAQs
How fast can I get approved for an online payday loan?
CreditNinja provides same day approval decisions on online personal loans.* And if you are approved, you may even get funding directly deposited the same day.*
How do instant payday loans differ from a personal loan?
Unlike a personal loan, payday loans online are typically for smaller amounts and have shorter repayment periods. These online options also often have higher interest rates than a personal loan. A personal loan is usually a more affordable online option overall.
How much can I borrow with CreditNinja?
Eligible borrowers can borrow up to $5,000 with a CreditNinja personal loan. The application process is instant, so you can apply right now and get an approval decision in minutes. Keep in mind that your approval amount depends on your state, credit, and income.
How do I apply for an online quick payday loan?
You can apply for CreditNinja personal loans online by completing the application form. The average completion time is only 2 minutes, and if approved, you could get your money the same day.*
What should I look for in a loan agreement for a payday loan?
In a loan agreement for a payday loan, you should look for the total loan amount, the interest rate, any fees, the repayment terms, and what happens if you fail to repay the loan on time.
How is my credit score affected by payday loans online?
While most payday loans do not require credit checks, late payments can still damage your credit score. Due to high interest and fees, many payday loan borrowers struggle to repay their loans within the short repayment period, which results in severe credit changes.
An alternative option is a CreditNinja online personal loan. Our loans provide flexible repayment terms and competitive rates.
Can I get a fast payday loan online if I have bad credit?
CreditNinja offers personal installment loans online. If you have poor credit, you may still qualify for fast cash if you have a reliable source of income. We work with all types of financial backgrounds, so inquire today to see if you qualify with poor credit.
Still Have Questions? Contact CreditNinja Today
Call the CreditNinja customer support number (855-646-5201) if you still have questions about us or our process. We can provide clarification on loan terms, eligibility, requirements, and much more.
We help people get financial relief for all types of expenses. You could get fast cash for home improvement, medical procedures, car repairs, and unexpected emergencies.