Explore Credit (2025)
Explore Credit is a tribal lender offering short-term installment loans online. Their goal is to provide quick acess to funds for those in urgent need, up to $2,000, in an automated application process.
However, before considering a loan from Explore Credit, it’s crucial to fully understand the company, its offerings, and potential drawbacks. And we’ll help you with this.
Do We Recommend Explore Credit?
Yes, we recommend Explore Credit as a trustworthy lender. Skip to our full review below and see in details the Explore Credit review.
How We Rate Explore Credit
At Financer.com, all lenders go through a thorough research and review process. Here’s how we rate Explore Credit:
| Category | Rating |
|---|---|
| Affordability | ⭐ |
| Application process | ⭐⭐⭐⭐ |
| Loan terms | ⭐⭐ |
| Transparency | ⭐⭐⭐⭐ |
| Customer support | ⭐⭐⭐ |
| Overall | ⭐⭐⭐ |
Explore Credit Reviews Compilation
Explore Credit is an entity of the Wakpamni Lake Community Corporation (WLCC), operating under the Oglala Sioux Tribe. They offer fully automated online loans up to $2,000 with a focus on serving customers who may have difficulty obtaining loans elsewhere.
After scouring the internet, we’ve gathered Explore Credit reviews to give you a comprehensive look at the company. Here’s a breakdown of what you need to know:
| Characteristics | Explore Credit |
|---|---|
| Loan Amount | Up to $2,000 |
| APR Range | Between 5.99% and 35.99% |
| Term | From 61 days to 72 months |
| Requirements | Valid checking account, email address, verifiable identity and income |
| Application Process | Fully automated online application |
| Approval Time | Decision typically in minutes |
| Funding Time | As fast as two business days |
| Repayment Terms | Weekly, bi-weekly, semi-monthly, or monthly installments |
| Loyalty Program | Earn points for payments, redeemable for discounts |
| Credit score | Accepts bad credit |
Explore Credit was founded in 2020 and is based in Atlanta, GA. The company operates as a tribal lender, which means they follow tribal and federal laws rather than state regulations. This status allows them to offer loans in many states where other lenders cannot operate.
Availability
It’s important to note that Explore Credit does not lend to residents of IL, NY, PA, GA, NC, NJ, VA, MA, MD, MN, AL, CT, AR, WV, NH, SD, AK or VT.
Explore Credit have already served thousands of customers across 32 states of the U.S. Their fully automated system is designed to provide quick decisions and fast funding for those in need of short-term financial assistance.
Explore Credit Loans Options
Explore Credit puts all its efforts in one type of loan, short-term installment loans.
Short-term installment loans are designed to provide quick cash for unexpected expenses or financial emergencies. Here’s what you need to know about Explore Credit’s offering.
- APR: Varies, but can be found between 5.99% and 35.99%
- Terms: Short-term, typically a few months
- Loan Amount: Up to $2,000
- Collateral: None required (unsecured loan)
- Requirements: Valid checking account, email address, verifiable identity and income
Fast application process
Quick funding, often within two business days
Accepts applicants with bad credit
No prepayment penalties
Loyalty program that offers rewards for on-time payments
The Good
Short repayment terms can lead to difficulty in repayment
Limited loan amounts (maximum of $2,000)
Not available in all states
The Bad
Remember, short-term high-interest loans can lead you to a debt cycle. Always review the terms and compare offers before accpeting any deal.
For those seeking other options, Financer.com offers a variety of loan comparisons, including personal loans, secured loans, home loans, auto loans and more.
Steps to Get an Explore Credit Loan
Now that you’re familiar with Explore Credit’s options, let’s walk through how to apply for a loan. It’s a straightforward process, but pay attention to each step to ensure a smooth experience.
Steps
Check Your Eligibility
Be sure you attend the requirements. They are:
- A valid ID account
- A regular source of income
- At least 18 years old
Apply for It Online
Go to Explore Credit website and click on the “Apply Now” button. It’s on the upper right of your screen.
Fill Out the Application
You’ll have to provide your personal informations, such as name, adress and employment and income details.
Extra Tip: Double-check all entries for accuracy to avoid delays.
Review and Accept Terms
Carefully read the loan agreement. Pay close attention to the APR and total repayment amount and don’t hesitate to ask questions if anything is unclear
Submit Your Application
Click the submit button once you’re satisfied with the terms. Explore Credit typically provides a decision in minutes
Receive Funds
If approved, funds are usually deposited within 1-2 business days. Check your bank account to see it there.
Pay Off the Debt
To avoid extra fees, remember to pay off your debts in the due date. Set a reminder to help you, specially in the first payment.
Explore Credit process is very easy, right? Besides, it’s totally automated, which means it’s faster and more accurate than other lenders.
Explore Credit Customer Service
Explore Credit’s customer service has received mixed reviews from customers. Let’s break down their contact details and what you can expect when dealing with their support team.
Operating Hours
- 8 AM EST to 9 PM EST, seven days a week
Contact Channels
- Phone: 844-355-LOAN (5626)
- Email: [email protected]
- Online chat (available on their website)
Customer experiences vary widely. Some praise individual representatives for their helpfulness, while others report frustrations. Explore Credit also shows a bad rating in Better Business Bureau, due to unresolved complaints.
So, we cannot say that Explore Credit Customer Service is one of the best in th U.S. Even though, their channels are always open.
Is Explore Credit Legit?
Even after this review, some may be asking “Is Explore Credit Legit?” And we can answer it: yees, Explore Credit is a legitimate lending company!
However, it’s important to note that it often comes with a huge cost. Always be aware of the terms and only take what you can repay.
Let’s break down the key points.
- Legal Status: Explore Credit operates as a tribal lender under the Oglala Sioux Tribe. This is a legitimate business structure, but it means they operate under different rules than traditional lenders.
- Registration: The company is registered as Explore Credit, LLC in Atlanta, GA, and has been in business since September 2020.
- Loan Products: They offer real short-term installment loans up to $2,000, which are indeed provided to approved borrowers.
- High Costs: While legitimate, their interest rates are extremely high. APRs have been reported to range from 599% to 792.82%, which is significantly higher than most traditional loans.
- Customer Experiences: Reviews are mixed. Some customers praise the quick process and helpful staff, while others report difficulty resolving problems.
- BBB Rating: As of 2025, Explore Credit has an F rating with the Better Business Bureau, primarily due to unresolved customer complaints.
- Regulatory Compliance: As a tribal lender, they follow federal and tribal laws, which can differ from state regulations. This is legal but can lead to practices that might not be allowed for non-tribal lenders.
As you can see, Explore Credit is a legitimate company, with real pros and cons, as any lender. It’s up to you understand the terms and decide if they’re the best fit for your needs.
Loans Like Explore Credit
If you’re considering Explore Credit but want to explore similar options, or if you already tried and weren’t approved, here are some loans like Explore Credito for you:
Low Credit Finance
Low Credit Finance offers the same APR range than Explore Credit, but you can apply for loans up to $50,000.
Chosen 3,157 times- All Credit Types Accepted
- Easy Online Application
- Approval decision in minutes
- Flexible Repayment Terms
5k Funds
If you don’t have a perfect credit, 5k Funds can be the best option. They’re know for loans without a credit check.
Chosen 81,084 times- Check Rates without Credit Impact
- No Minimum Credit Score
- Large Network of Lenders
OppLoans
OppLoans is not the lowest APR you’ll find, but they probably have the faster funding and also without a credit check.
Chosen 12,824 times- Fast funding
- No credit checks
- Loans from $500 to $5,000
- Bad credit loans available
Remember, no matter what type of credit or company you’re considering, Financer.com’s Loan Finder is a free tool that helps you compare multiple offers in one place with just a few clicks. It’s an easy way to shop around and potentially find better rates and terms.
