Apply Now - It only takes a few minutes
Jora Credit
Do you need to apply for a loan quickly? While many people will turn to payday or title lenders, a better option is to explore online loans.
Online loans offer the speed, efficiency, and convenience of other loan options - without all the downsides.

Online loans come in many different forms. There are personal loans, installment loans, and even lines of credit to choose from. With so much choice out there, finding a lender who suits your needs is now easier than ever.

For a fast and straightforward application process, apply with Jora Credit today.

What is an online loan?

An online loan is a type of credit that you can apply for and access entirely online. They have grown in popularity over the past few years, as more and more people prefer to do things online.

Online loans are a faster and more convenient way to borrow money without the need to head over to the local bank.

How do online loans work?

Online loans are usually unsecured personal loans, but some providers offer a range of different loan options. Just like with traditional lenders, online lenders have their own eligibility criteria. Some online lenders have more application requirements than others. Before applying, it’s worth checking the criteria first.

What are the benefits of online loans?

Applying for an online loan has lots of benefits, both in the application stage and once you have the loan. Some of the top benefits of online loans are:

A quick and easy application process. A slick, seamless online experience is what sets online lenders apart from traditional lenders. They know exactly what customers need and have built their online portals and processes with that in mind. When applying for a loan, you just have a quick and simple application to complete. Most online lenders prioritize fast service and aim to approve your application on the same day. If you complete your application and get approved early enough, some lenders like Jora Credit can even release the funds on the same day.

Access money quickly. Another great benefit of online loans is that you don’t have to wait long to get the cash you need. Traditional lenders can take much longer to go through the approval checks and deposit the money. But, online lenders can approve and deposit the cash within hours, thanks to a much more streamlined application process. This makes online loans the perfect solution for those who need to cover sudden or emergency expenses. There’s no need to rely on traditional loans to cover you.

Less paperwork. During the application process, everything can get bogged down by the sheer amount of paperwork you need to submit. Online lenders are built with the online experience in mind, which makes the process much more fluid. Rather than filing paperwork and waiting days for approval, online lenders allow you to upload digital documents, forms, and sign them virtually. Some even use automation tools to process applications faster. You can simply create an account and apply for your loan within minutes in some cases. No more physically handing in documents or queueing at the bank.

More flexible eligibility criteria. Online loans are a modern solution to an age-old problem - getting approved for credit. For those with poor credit history, it can feel impossible to get approved. And applying only to get denied does you no favors. Online lenders all have different eligibility criteria, but many are much more flexible. Lenders such as Jora Credit don’t just use your credit score as the only factor when approving an application. They also look at your ability to repay the loan. This is why one piece of Jora’s eligibility criteria is that you need to be employed or have verifiable income. This is, at times, a better way to determine affordability than past credit behavior.

Manage your account online. With online lenders, you usually get an online account to sign into to manage your loan. You can view your current loan amount, terms, and even make one-off payments or pay in full if you want to.

Can I get an online loan with bad credit?

Getting any kind of loan when your credit is in bad shape can be tricky. However, it’s not impossible and it’s easier than you might think. With such a wide range of lenders in the market, it’s now easier to find one that suits your particular needs.

How are Jora online loans different?

Jora Credit provides simple, straightforward access to online installment loans or lines of credit. Within just a few minutes, you can apply right from your phone, laptop, tablet or anywhere that suits you.

Unlike some personal loans, Jora Credit has no hidden fees. Some lenders charge application fees, origination fees, prepayment penalties and late fees in addition to your standard principal and interest.

Jora Credit offers loan amounts between $500 and $4,000, with the options to stretch repayments across 48 months in most cases.

How can I get approved for an online loan?

Getting approved for an online loan is straightforward and fast.

Jora Credit is focused on a fast and frictionless application process. Most applicants receive a decision within minutes to let you know if you are approved or not. The application is a few simple steps where you will provide your personal and financial information before agreeing to a few disclosures.

Once you have been approved for a loan from Jora, you can get your funds as soon as the same day, depending on when you accept your loan agreement. Loans/cash advances accepted prior to 10:30 a.m. Central time (Monday – Friday, excluding bank holidays) will be funded that same day.

To apply for a loan from Jora, you must be at least 18 years old, reside in a state where Jora provides services, have a valid email address and checking account, and have a job or verifiable income source.

Jora Credit considers a number of different factors when assessing your credit application so you don't need perfect credit to apply. Many online lenders are more flexible with their terms than traditional banks are. So, if you don’t have a perfect credit score, it's not the only thing that is considered.

Apply for an online loan with Jora today
APPLY NOW