Review of Jora Credit

    Summary

  • Personal loans up to $4,000

  • Fast payouts as soon as the same day

  • Direct lender with no hidden fees

  • Applying online takes only a few minutes

What is Jora Credit?

Jora Credit is an online lender that offers personal installment loans. This allows a borrower to have set payments over a period of time, which is different from a payday loan, which usually requires a payment after you are paid.

Jora has different options for installment loans, with first-time Jora users being able to borrow $500 to $2,600, and existing customers up to $4,000.

Loans are paid back on a bi-monthly or monthly schedule.

Jora Credit provides loans for people with bad credit as they also look at a variety of other factors when assessing your application.

Jora Credit is available in 10 states: AL, CA, DE, ID, MO, NM, ND, SC, UT, WI.

Jora also offers a service called Allay, financial advice designed to improve your financial situation. Allay provides a supplemental income tool, salary calculator, career path tool, and job listings.

Chosen 7,064 times
  • Installment loans up to $4,000
  • Fast payouts as soon as the same day
  • Direct lender with no hidden fees
  • Apply online in minutes

How Jora Credit Works

Jora Credit provides two types of loans: installment loans and lines of credit.

Installment loans are available from $500 to $4,000. However, first-time borrowers can qualify for loans up to $2,600 depending on their state.

Short-term loans are ideal for borrowers who need a once-off amount to pay back over time, whereas a line of credit is a revolving loan.

Loan Requirements

To apply for a loan from Jora Credit you need to:

  • Reside in a state they currently serve
  • Be at least 18 years old (19 if residing in AL)
  • Have a job or other proven source of income
  • Have a valid email address
  • Have an active and valid checking account

Jora is also willing to work with low-income individuals and those with low credit scores.

Rates & Fees

Jora’s terms vary on state and loan amount. The APR of loans offered is fixed and ranges from 186% to 349%.

Jora does not charge prepayment fees, origination fees, or late fees.

Payment Terms

Payment periods vary, with Jora providing options from 1 to 30 months. Payments can be made on a monthly or bi-weekly basis.

How to Apply

Jora Credit’s application process is fairly straightforward.

  1. Head over to Jora Credit’s website here.
  2. Click on Apply Now.
  3. Fill out all requested information.
  4. Get approved and receive loan offers in minutes.

Jora keeps all personal information secure and confidential. Once approved, simply select the loan that meets your terms.

The money should be deposited into your checking account within the next business day.

Our Jora Credit Review

    Cons

  • First-time borrowers are limited to $2,600.

  • Jora Credit is not available in all U.S. states.

  • Loans may come with higher costs compared to other lenders.

Jora Credit is a reliable lender that offers loans to people without a perfect credit score. Although they are only available in some states, their terms and fees are transparent and there is a lot of information available on their website.

The application process is easy and straightforward, and loans can be paid out on the same day. Borrowers can also choose between fixed-term loans and lines of credit, depending on their personal needs.

One downside is that Jora Credit loans may come with higher interest rates due to the fact that borrowers often come with a higher risk.

Read more reviews below or add your own Jora Credit review.

Customer Service

Customer support is available Mondays to Saturdays, via email or phone. The Jora Credit phone number is 1-888-223-8067. They also have an extensive list of FAQs and transparent information regarding fees and terms.

Jora Credit FAQs

How much can I borrow?

First-time borrowers are limited to $2,600 while existing customers can borrow up to $4,000.

How much does a loan cost?

This depends on the state you live in, your credit history, and the amount you borrow. As an example, a $2,000 loan in Missouri has an APR of 245%, and will have 48 bi-weekly payments of $190.50. 

How soon do I get the money?

Most loans are paid out the same day, alternatively the next business day. LInes of credit can also be funded the same day, if the Cash Advance request is submitted before 10:30 am Central Time.

What happens if I pay late?

Late payments may leed to additional finance charges but Jora Credit does not charge late or NSF fees.

Is Jora Credit a direct lender?

Yes. Jora Credit operates under specific companies and licenses in all states it operates.

Was this article helpful?

  • Be the first one to give feedback

    How can we improve this article?


    Reviews of Jora Credit

    Jora Credit is rated 64 out of 282 companies in total rating and got an average review score of 4.2 based on 18 reviews. Their weakness is Interest & Costs and their strength is Support & Service.
    Customer reviews
    Filter reviews Close Icon
    All reviews
    Loan reviews
    Sort by Close Icon
    Newest
    Best rated
    Worst rated
    Most helpful
    SA
    scotty alan 1 review | April 30, 2021
    General Review
    Upsides
    the best experience is with its facilities
    Downsides
    not one that i could think off right now
    Post
    Post reply
    LE
    Luxure essap 1 review | April 29, 2021
    General Review
    Upsides
    great for ginning the business
    Downsides
    very much pricey
    Post
    Post reply
    MM
    mike mills 1 review | April 29, 2021
    General Review
    Upsides
    overall best company do suggest it
    Downsides
    the price is not on the cheap side
    Post
    Post reply
    JS
    jack sparr 1 review | April 27, 2021
    General Review
    Upsides
    overall i recommend this to all
    Downsides
    the price can be lower
    Post
    Post reply
    GG
    Gramme gyju 1 review | April 22, 2021
    General Review
    (Edited)
    Upsides
    Love that. was really helpful. I will share
    Downsides
    Nothing wrong
    Post
    Post reply
    G
    g13nn_h 1 review | April 20, 2021
    General Review
    Upsides
    Quick and easy. Will definitely recommend
    Downsides
    None to date
    Post
    Post reply
    NM
    Naima Mohamed 1 review | December 28, 2019
    General Review
    Upsides
    Lived up to expectations. No complaints.
    Downsides
    Nothing I can think of.
    Post
    Post reply
    D
    Deborah 1 review | December 21, 2019
    General Review
    Upsides
    Love that its quick and easy. Will definitely recommend
    Downsides
    -
    Post
    Post reply
    DL
    Dana Lewis 1 review | July 21, 2019
    Personal Loan Review
    Upsides
    Needed a small loan to pay off credit card debts. Couldn’t have been easier!
    Downsides
    -
    Post
    Post reply
    SB
    Serena B 2 reviews | July 21, 2019
    General Review
    Upsides
    The loan application was very easy and their website was great.
    Downsides
    They approved me for too small of an amount to help.
    Post
    Post reply
    Load more reviews

    Rate & review Jora Credit

    Not convinced?

    Visit their official website and learn more about Jora Credit

    We use cookies to give you the most relevant experience. By using our site, you accept all cookies and our privacy policy. To find out more about what cookies we use you can go to privacy overview