Jora Credit Personal Loans
Jora Credit Personal Loans
in Personal Loans from Jora Inc.

Jora Credit Personal Loans

in Personal Loans from Jora Inc.
SuperMoney Net Recommendation Score -44  


This product is mostly not recommended by SuperMoney users with a score of -44, equating to 2.1 on a 5 point rating scale.


Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Mostly not recommended

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Community Rating Mostly not recommended
APR  (Fixed APR) 165% - 349%
Loan Amount $500 - $2,600
Loan Term (Months) 8 - 30 months
Number of Reviews 16

Jora Credit Personal Loans Review

Jora Credit Personal Loans is offered by Jora Inc., a direct lender founded in 2017 and based in Addison, TX. Jora Credit Personal Loans are available in 11 states across the USA.

Key Takeaways

  • APRs starting at 165%. Personal loan interest rates typically range between 5% and 36%. The starting rates for Jora Credit Personal Loans are on the higher end of the spectrum.
  • Fast access to funds. If approved, you can sometimes get your money within 1 business day*.
  • No origination fee. Jora Credit Personal Loans does not charge a loan origination fee.
  • No late fees. Missing a payment can seriously damage your credit, but Jora Credit Personal Loans will not charge additional fees if you miss the due date on a payment.
  • Short loan terms. Jora Credit Personal Loans have loan terms as short as 8 months.

Jora Credit Pros & Cons

Pros Cons
  • $0 prepayment fee.
  • Loan options with $0 origination fee.
  • Considers applicants with fair credit.
  • Funding available within 1 business day.
  • APRs as high as 349%.
  • Do not offer pre-approval with soft credit pull.
  • Jora Credit Personal Loans does not report to credit bureaus.

Jora Credit FAQ

What interest rates and personal loan terms does Jora Credit offer?

Jora Credit has higher than average interest rates for lenders reviewed on SuperMoney.

What interest rates does Jora Credit offer?

Jora Credit offers a fixed APR personal loan product that ranges from 165% APR up to 349% APR.

How much can you borrow via Jora Credit?

Personal loan amounts start at $500 and go up to $2,600.

What is the maximum loan term you can get with Jora Credit?

Jora Credit offers loans with terms of up to 30 months.

Jora Credit Interest Rates & Loan Terms
Personal Loan Amount $500 - $2600
Loan Term 8 - 30 months
APR 165% - 349%

What fees does Jora Credit charge?

Does Jora Credit charge an origination fee?

Jora Credit does not charge a personal loan origination fee.

A personal loan origination fee is what some lenders charge for processing, underwriting, and funding a personal loan. Typically origination fees range from 0.5% to 5% of the personal loan amount. Whenever possible, go with lenders that don’t charge origination fees.

Does Jora Credit charge a late fee?

No, Jora Credit will not charge you a late fee if you miss one of the monthly payments.

Does Jora Credit charge prepayment fees?

No, Jora Credit does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.

Jora Credit Fees
Origination Fee No
Prepayment Fee No
Late Payment Fee No

What do you need to qualify for Jora Credit Personal Loans?

Applicants with a credit score of at least 450 and up to 720 may be eligible for Jora Credit Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Jora Credit Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Jora Credit Personal Loans only considers borrowers who are employed.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the Jora Credit Personal Loans product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens are eligible to apply for the services offered by Jora Credit Personal Loans.

To qualify, applicants may need to provide the following documentation:

  • Applicants must have an active and valid personal checking account
  • Proof of identity
  • Proof of citizenship or residence permit
Jora Credit Eligibility Criteria
Minimum Age 18
Bank Account Required? Yes
Application Types Accepted
  • Individual Applications
  • Credit Score 450 - 720

    What is the estimated funding time for a personal loan via Jora Credit?

    Jora Credit will typically provide a credit approval decision in less than an hour and fund the loan within 2 business days.

    Are Jora Credit Personal Loans legit?

    Jora Credit Personal Loans was founded in 2017. It is an established company that has been in business for 6 years. Jora Credit Personal Loans are mostly not recommended by SuperMoney community users.

    Jora Credit Personal Loans Disclosure: First-time customers typically qualify for installment loans between $500 and $2,600, with an APR between 186% and 349%. A $2,000 loan from Jora would require 48 bi-weekly installments of $179.54, including $6,618.50 of interest and an APR of 230%. After the 48th successful payment, your loan would be paid in full. Refer to What It Costs page for additional details.
    SuperMoney Disclosure: is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
    Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

    Message From Jora Credit

    Jora helps underserved or underbanked Americans with an installment loan that’s tailored just for them. When you’re in need of a convenient cash loan, you can turn to Jora. Our loans are designed to help good people get the help they need to cover an expense. It’s easy to apply right from your phone, laptop or tablet — anywhere, anytime.

    Message From Our Editor

    What We Love About Jora Credit

    Jora Credit offers two types of loans: lines of credit and installment loans. These loans are unsecured, so consumers do not need to put down collateral to qualify for a loan. These personal loans are typically between $500 and $2,600 and have terms that range from four to 30 months, although this can vary based on the customer’s location. There are no non-sufficient fund fees, prepayment penalties, late fees, or origination fees on the loans.

    What Could Jora Credit Do Better?

    Jora Credit is one of the most expensive lenders for personal loans and is typically used only by high-risk borrowers who are in an emergency financial situation. Also, Jora Credit only operates in 12 states, including Alabama, California, Delaware, Idaho, Kansas, Missouri, New Mexico, North Dakota, South Carolina, Tennessee, Utah, and Wisconsin.

    Jora Credit Backstory

    Jora Credit was founded in 2017 in Addison, Texas, to provide a reliable and simple way for customers to take out a personal loan. The company offers a higher level of repayment flexibility than many lenders of personal loans on the market. It also features loans that are catered toward individuals who have less than perfect credit.

    The Verdict

    For customers who are 18 or older, have a source of income and a checking account, Jora Credit offers a loan option that doesn’t depend on having a good credit score. However, the APRs for personal loans are extremely high and can get expensive quickly. It can be an option for someone who needs quick cash and has a bad credit score that prevents qualifying at other lenders.

    Many individuals will find cheaper options for personal loans by shopping around and getting quotes elsewhere. This can prevent you from paying more than you need to in an emergency. Credit card cash advances, borrowing from friends, or personal loans from other lenders may be less expensive.


    Other Services by Jora Inc.


      Available in 11 states
    • Alabama
    • Delaware
    • Idaho
    • Kansas
    • Missouri
    • New Mexico
    • North Dakota
    • South Carolina
    • Tennessee
    • Utah
    • Wisconsin

    Feature Breakdown

    No Late Fees
    No Origination Fee
    No Prepayment Fee
    Checking Account Required
    Employment Statuses Considered
    • Employed Full-Time
    • Employed Part-Time
    • Self-Employed
    • Retired
    Immigration Status Considered
    • U.S. Citizen
    Joint Loan Applications Accepted
    • Individual Applications
    Military Status
    • Non-Military
    • Veterans
    Minimum Age 18
    Supported Income Types
    • Direct Deposit (W2, SSA, SSDI)
    • Cash
    • Payroll Check or Prepaid Card
    • 1099 Misc. Income
    Verification Documents Required
    • Proof of citizenship/residence (Green Card)
    • Proof of Identity
    Credit Score Range 450 - 720
    APR Type Fixed APR
    Loan Amount $500 - $2,600
    APR (Fixed APR) 165% - 349%
    Loan Term 8 - 30 months

    Jora Credit Personal Loans Community Reviews


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    This product is mostly not recommended by SuperMoney users with a score of -44, equating to 2.1 on a 5 point rating scale.


    Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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