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

where can i cash a government check without a bank account
Key Takeaways Government checks can be cashed without a bank account at various locations, including the issuing bank, major retailers like Walmart, and check-cashing services, though…
loans to help pay bills
Key Takeaways There are numerous types of loans to pay bills, such as personal installment loans, payday loans, car title loans, and cash advances on credit…
Loan For Single Mothers
Key Takeaways Loans for single mothers are typically personal loans used for essential expenses, such as medical bills, childcare bills, rent, or emergencies. Loans for single…

Credit

what information is needed for a soft credit check
Key Takeaways What information is needed for a soft credit check: Generally, you will need your full legal name, a government-approved state-issued photo ID, your social…
tier 2 credit score
Key Takeaways Tier 2 credit score means that you have a FICO score in the 670 and 799 range, which classifies you in the “Good” to…
View More

Debt

how long can a bank restrict your account
Key Takeaways A bank can freeze your account for 2 to 3 weeks on average, but the duration depends on the underlying issue—faster resolution is possible…
credit access line vs credit limit
Key Takeaways Credit access line vs credit limit: A credit limit is the maximum amount you are allowed to spend on a revolving credit account, whereas…
how to fix a declined debit card
Key Takeaways If your debit card has been declined you should first check for insufficient funds, then check to see if the card is activated and/or…

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…
explain the difference between simple interest and compound interest
Simple interest is a way of calculating the interest charge on a loan or investment based on the original principal amount and the interest rate….

Loans

easy loan approval
Key Takeaways Several lenders offer personal loans with easy approval, even for those with bad credit. CreditNinja has provided bad credit personal loans since 2018! Alternative lending…
how to ask for a loan from your boss
Key Takeaways When requesting a loan from your boss, maintain professionalism and transparency. Clearly state the amount needed, the purpose of the loan, and propose a…
getting a ,000 loan with bad credit
If you’re currently struggling financially, you probably know that it’s not always easy to get a large personal loan. Getting a $5,000 loan with bad…

Quick And Easy Personal Loans Up To $2500*