What Is a Credit Builder Loan?

A credit builder loan is a financial product that can help consumers establish a positive credit history. Unlike a traditional loan, borrowers will receive a

Brand

loans like lendumo
Lendmo is an online tribal lender that offers installment loans. Similar lenders to Lendmo include River Valley Loans, Mawka Finance, and Plain Green Loans, which…
Bright Lending
Key Takeaways Loans like Bright Lending are tribal loans with high APRs, appealing to those with poor credit needing fast cash, but their costly repayment terms…

Budgeting

how much money do you need to never work again
Key Takeaways To “never work another day in your life”, you generally need to save 25 times your expected annual expenses using the 4% rule, but…
low stress jobs after retirement
Key Takeaways If you’re thinking about low stress jobs after you’ve retired, you may want to consider pet sitting, freelance writing, tutoring, dog walking, or house…
how to have someone take over your car loan
Key Takeaways If you want someone to take over your car loan, you need to read your loan contract to make sure it’s eligible for a…

Credit

can you have a 700 credit score with collections
Key Takeaways You can have a 700 credit score with collections, but it’s rare—collections usually lower scores significantly, especially if they are recent or unpaid. In general,…
How To Manage a Credit Card Wisely
Consumers can manage their credit card wisely by regularly checking their statements, making due payments on time, and by regularly paying off their total credit…
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Debt

unsecured vs. secured debt
Choosing the perfect loan for your financial situation can be difficult. There are a plethora of debt options out there, each with different terms, conditions,…
debt consolidation vs debt settlement
Both debt consolidation and settlement are strategies for debt repayment. Debt consolidation involves combining several debts into a single loan or credit card. In contrast,…
how much credit card debt is too much
Almost every American adult has credit card debt. According to data from the Federal Reserve Bank of New York, the average American household owes $7,951…

Interest Rates

interest rates explained true cost
An interest rate is the amount lenders charge for borrowing money. It’s typically expressed as a percentage of the principal on an annual basis. Interest…
how to get a house loan with bad credit
CreditNinja is here to help you figure out how to get a house with bad credit and, more importantly, whether or not buying a home…

Loans

1000 dollar loan
Key Takeaways If you need 1000 dollars now, payday loans, installment loans, personal loans or title loans are your best fast options, with online lenders providing…
how to have someone take over your car loan
Key Takeaways If you want someone to take over your car loan, you need to read your loan contract to make sure it’s eligible for a…
pledged loan
Key Takeaways A pledge loan is a secured loan that requires the borrower to offer assets like real estate, vehicles, or investments as collateral in exchange…

Quick And Easy Personal Loans Up To $2500*