What Is a Personal Loan?

A personal loan is a type of installment loan that can be used for all kinds of expenses. Generally, these loans are unsecured and come with fixed rates, which means your monthly payment will stay the same throughout repayment. You’ll get the funds in a lump sum rather than like a credit card or personal line of credit, where you can borrow multiple times (up to the credit limit).

Personal loans are available for California residents when they need quick funding for emergencies. Expenses like medical bills, car repairs, debt consolidation, or just taking care of everyday costs, when facing a financial hardship.

When seeking out borrowing options, especially with poor credit, you may come across some loans and lenders that focus on bad credit and emergency funding. Additionally, some lenders may offer a signature loan option, which is a type of unsecured loan approved based on your signature and promise to repay rather than collateral. When comparing repayment terms, CreditNinja recommends installment loans over single payment loan options, as they can be more manageable and transparent compared to single payment options like payday loans. 

What Are the Types of Personal Loans You Can Get in California?

Personal loans, secured loans, payday loans, no credit check loans, car title loans, cash advance loans, signature loan options, and line of credit options are just a few common types of loans you could get in California. Below, we’ll go over these in more detail: 

Bad Credit Loans

Bad credit loans are a broad category of loan funding that is available for California residents. These loans are for anyone who has poor credit and has had difficulty receiving credit approval from traditional loans. When choosing a bad credit loan option, it’s essential to pay attention to the lender, loan terms, and repayment. Additionally, it’s important to review whether there is any collateral required and how it may impact your ability to repay. Some bad credit loans may even be loans subject to stricter repayment terms if they are secured loan options.

Payday Loans

Payday loans are short-term loans that offer a few hundred dollars for residents of California. While these are flexible if you have poor credit, they can quickly lead to a cycle of debt. CreditNinja recommends avoiding payday loans and seeking alternatives, such as our personal loans. Unlike payday loans, installment loans have predictable payment schedules, making it easier to manage your financial situation over time.

No Credit Check Loans

No credit check loans are exactly what they sound like, they do not have a credit check as a part of their process. While these may seem convenient if you don’t have credit history or have bad credit, no credit check loans often fall under the same umbrella as payday loans. They come with short repayment and high costs to borrow funds. And so, these are best avoided. 

Cash Advance Loans

Cash advance loans make a small amount of cash available for borrowers. One common type of cash advance loan is a credit card cash advance, which functions as a line of credit withdrawal. These allow credit card holders to borrow cash from their credit card, but interest starts accruing immediately, and funds are due quickly. It’s important to consider the costs and repayment. 

Car Title Loans

Car title loans are a type of secured loan that uses the borrower’s vehicle as collateral. Because of this security, credit isn’t a big factor for approval. While car title loans are a secured loan, they often come with higher rates compared to products with competitive rates from other lenders. Also, if you cannot repay your loan, your vehicle may be repossessed. 

CreditNinja’s California Installment Loans

CreditNinja’s installment loans are options for borrowers in California who are looking for emergency funding but don’t have the best credit scores. Instead of focusing solely on your credit, we’ll pay attention to your debt-to-income ratio, income, and ability to repay. Unlike other loans catered to bad credit, such as payday loans, CreditNinja’s installment loans come with manageable repayment options. 

Here are some of the details you should be aware of: 

  • Loan Amounts — CreditNinja loans range from $300 to $5,000, making them flexible for a variety of emergency situations. 
  • Fixed Interest Rates — Interest rates are fixed, which means they won’t change throughout your loan payment, and you’ll know exactly how much interest paid will be over the life of the loan.
  • Repayment — Loans range up to 24 months. Our focus is on keeping payments affordable with low monthly payments when possible. We also don’t have any prepayment penalties. 
  • Fees and Penalties — With CreditNinja, you can expect clear terms and no surprises along the way.
  • Online Loan Management — You can manage your loan online, including things like checking your loan balance and making payments. 

Can You Get a CreditNinja Bad Credit Loan in California?

Yes, a CreditNinja bad credit loan is available in California. Here is how you can go about getting one of these personal loans as a resident of California:

  • Apply for a CreditNinja Loan Online — The first step is to apply for a CreditNinja loan, which you can do online in just a few minutes. After some basic questions, you’ll go through bank verification, which enables us to focus less on credit and factor in practical financial information such as income and expenses into your loan application. 
  • Find Out About Eligibility — Once you submit your application. We’ll let you know about eligibility. In order to qualify for a CreditNinja loan, you have to have an active bank account, be at least 18 years of age, have ongoing income, be okay with a credit check and bank verification, and lastly be a U.S. permanent resident or citizen. 
  • If Approved, Get Funding — If approved, we’ll provide you with loan repayment options  that you can look over. If everything looks good for you, sign and get your funds. Funds may be available on the very same day!*

Why Choose CreditNinja’s Online Loans? 

A few reasons to choose a CreditNinja online loan include convenient payment options, bad credit flexibility, and an easy and fast process. Here is more detail: 

Flexible Payment Schedule

Repayment ranges up to 24 months, and you can repay as early as you’d like without any fees or penalties. 

Convenient Loan Options

We don’t have one size fits all with our loans, they range from situation to situation, making them convenient for a variety of borrowers. 

Loans for Bad Credit

You don’t have to have fair, good, or great credit for a CreditNinja loan. There’s no minimum credit score needed to apply. 

Easy Application Process

The application process is extremely simple. You’ll answer a few questions and link accounts, all easily done from the comfort of home. 

Same Day Funding

Once approved, the funds can be made available on the same business day!*

Quick Approvals

You won’t have to wait several days or weeks for approval, we’ll let you know if you’re approved quickly. 

Talk To a Loan Expert

What Can You Use a CreditNinja Installment Loan For? 

CreditNinja’s installment loans can be used for almost any unexpected expense, like home improvement, debt repayment, medical costs, car repairs, and any other life emergencies that may show up. If you don’t have adequate funding in your savings account, we can help you bridge the gap. Here is more detail:                                

                                                                                                            

Home Improvement

Whether you need to replace an essential item like an AC unit or repair something like your roof, a CreditNinja loan could be used for those expenses.

Credit Card Debt Consolidation 

Credit cards can come with high compounding interest rates. Many people find that when they consolidate debt into an installment loan, like a CreditNinja loan, this can make payment faster and less expensive. 

Medical Costs

A CreditNinja loan could be used to pay for medical costs including any bills, prescription costs, co-pays, and much more. 

Auto Repairs

Whether small or large repairs, a CreditNinja may help take care of any vehicle-related costs. 

Life Events

Are you moving, getting married, going to school,or experiencing an unexpected life event? A CreditNinja loan may help with those expenses. 

Other Emergency Expenses

If you have any emergency expenses like an unexpected bill but don’t have adequate funding in your savings account,  you could use a CreditNinja loan to pay for that. 

 

How CreditNinja California Loan Options Work

CreditNinja’s California loan options involve three simple steps: applying, getting verification, and if approved, getting funding. Here is more information:

  1. Apply Online in Minutes – Complete your application on our website in just a few minutes.
  2. Verify Your Income – Use our fast, secure Instant Bank Verification process. It only takes a few clicks and helps us quickly confirm your information.
  3. Receive Funds Quickly – If approved, and once you sign your loan agreement, funds may be deposited into your bank account as soon as the same day.* Repayment is easy, you’ll have one monthly payment and you can pay it online or set up automatic payments for even more convenience.

Your loan terms in California are based on factors like your income and your ability to repay the loan. Our repayment options are transparent, and we’ll clearly outline the actual payments you’ll make over the life of the loan, along with your actual APR.

While CreditNinja may be just as fast as other bad credit loan options available in California, our loans are designed to be more manageable. We offer steady monthly installments and a variety of repayment options to fit your budget.

Apply Online Fast & Easy

You can apply online in just a few minutes, even from your phone.

Income Verification

You can securely connect your bank account so we can verify your bank account info. This deposit account can also be used for payments. 

Same-Day Availability*

Once approved, you can have the funds in as little as one business day!* 

What CreditNinja Customers In California Are Saying

I thought the experience with credit ninja was great. I have been working on my credit for the past few months so my score isn’t really high. The process was seamless and simple and I was approved for 1500 1/2 of what I applied for but it covered what I needed and in the process will build my credit score.”

– David 
All the others were double+Interest rate. This is the lowest payment for all I qualified for. Very grateful to get approved!”– Michelle Hollingsworth “The process was quick and transparent. Including follow up and checking in on your experience was a nice touch.”

– Vicki Amormino

Top California Loan FAQs 

What Is an Installment Loan?

An installment loan is a type of loan that has fixed payments throughout. Personal loans are one type of installment loan. Usually, these loans have fixed interest rates and are unsecured.

How Much Can I Borrow With a CreditNinja Personal Loan with Bad Credit?

You can borrow between $300 and $5,000 with a CreditNinja personal loan. You may be eligible with bad credit, but your loan amount is determined by your monthly income and other factors. 

What Are the Eligibility Requirements for a CreditNinja Loan?

To qualify for a CreditNinja personal loan in California, you typically must be at least 18 years old, have a steady source of monthly income, and maintain an active checking account. We go beyond just your credit score, considering multiple factors to offer flexible loan options tailored to your unique financial health and situation.

How Quickly Can You Get Funding From a CreditNinja Personal Loan?

Once approved for a CreditNinja personal loan, you could have the funds you need in as little as one business day.* 

Apply Now

What our borrowers are saying


CreditNinja does not act as a direct lender in all states. In certain states, loan products are offered and originated via bank partners, which are duly licensed financial institutions. The availability of loans and the identity of the originating lender may vary depending on state of residence and applicable state and federal regulations.