Although the initial hard credit inquiry may lower scores a bit, generally, business credit cards don’t directly affect personal credit. Usually, business credit cards will report activity only to commercial credit bureaus.  A business credit card can be a beneficial financial tool for business owners. Approximately 9% of American adults own their own business.1 You […] The post Do business credit cards affect personal credit? appeared first on CreditNinja ..read more

Rates on short-term loans vary depending on the lender you work with. Online lenders offer all types of loan amounts and terms.  Personal loans are a popular short-term option because they can be used for almost any expense, such as a car repair. According to AAA, common car repairs can run consumers $500 to $600 […] The post Interest rates on short term loans fully explained appeared first on CreditNinja ..read more

Getting a cash advance for $50 starts with finding a lender and filling out an application. For cash advances, a credit check is usually not involved. From here, you’ll find out about eligibility. Financial emergencies are stressful to deal with. Especially when you do not have extra money for unexpected bills and expenses. Continue reading […] The post $50 cash advance: how to get it appeared first on CreditNinja ..read more

The average APR for a personal loan will depend largely on your credit score and the lender you choose to work with.  A personal loan is a popular choice for many people when they have an expense. Currently about 23 million Americans have unsecured personal loans.1 These loans are extremely versatile, making them a good […] The post What is the average APR for personal loan? appeared first on CreditNinja ..read more

The 10 best apps for budgeting include Mint, PocketGuard, and others. However, you may ask, “How can I find the best free budgeting app?” The best budgeting app for your finances depends on your preferred budget plan, desired features, and level of commitment.  The best budgeting app is the one that makes it easier for […] The post 10 best budget apps  appeared first on CreditNinja ..read more

While there is no one credit score that is required for construction loan approval, lenders typically tend to favor applicants with higher scores and a clean credit history. Purchasing a home is a huge financial endeavor, now more than ever. Since 1999, the average value of a home has more than doubled from $111,100 to […] The post Credit score needed for a construction loan explained appeared first on CreditNinja ..read more

Consumers can access cash advances, possibly up to $1,000, via direct lenders, cash advance apps, or short term lenders. Factors determining approval will include the borrower’s credit history, amount of debt they owe, and other factors of their available financial data. A cash advance may be a good option if you need money quickly! A […] The post Getting a 1000 cash advance appeared first on CreditNinja ..read more

The maximum amount a borrower may be able to obtain from a personal loan will depend on their credit score, spending history, payment history, and other financial data. Thinking of a personal loan but unsure whether it will be enough to cover your expense or purchase? The great thing about personal loans is that they […] The post What is the maximum amount for personal loan? appeared first on CreditNinja ..read more

The best short-term loans for an emergency include funding that is convenient and affordable for the borrower. Depending on their financial situation, borrowers may find these loans via personal loans, bad credit loans, cash advances, payday loans, etc.  The thing about life is that you never know what is around the corner. You can never […] The post Best short term loans for an emergency appeared first on CreditNinja ..read more

You generally only need one credit card to improve your credit score. In order to boost your creditworthiness, it’s important to pay bills on time, avoid reaching your credit limit, and avoid applying for too many new credit cards within a short period of time.  According to a 2021 report from Experian, the average consumer […] The post How many credit cards should I have to improve my credit score appeared first on CreditNinja ..read more