Choose a country
United States
Select a city
Select a city
Select language
Select country
Choose a country
United States
United States
Việt nam
Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Jora Credit's pay off


Repayment of loan

Jora Credit payments are fixed and do not change throughout the repayment period. The lender deducts monthly payments automatically from your bank every month on the same date. Using an electronic debit service ensures you do not forget to repay your loan. You can use either the monthly or bi-weekly payment schedule the lender allows. If you make late repayments, the lending company will report you to the credit bureau, which will negatively affect your credit score. Jora credit allows borrowers with bad credit scores to redeem themselves. The lender has tools to help borrowers understand their financial situations and improve them. It has a simple and easy-to-use platform that connects borrowers to settle their debts quickly and efficiently. The company will stipulate how much you need to pay every month or weekly when signing your loan agreement. During the repayment, the deductions are automatically made via a checking account you provide during your loan application.

Conditions of loans extension

Jora borrowers can apply for an extension of their loan term through Jora Credit secure website. The company does not charge late payment fees. However, you may incur additional fees if your loan goes into default. You may also pay interest rates on any charges that you incur for defaulting on your loan.

Early payoff

The company does not have prepayment penalties if you pay off your loan earlier. It does not charge closing or origination fees to its borrowers. Therefore, deciding to pay off your debt early makes it easy and affordable to access more finance from the company in the future. It relieves the financial burden on the amount of time you need to retain your Jora Credit loan. You can plan an easy early payoff by planning your scheduled payments, tracking your spending, and budgeting correctly to avoid overspending what should be meant for your loan repayment.


How do I make a payment on Jora’s Credit?

Payments are automatically deducted from your checking account on the dates you indicate when applying for a loan.

What will happens if you don’t pay Jora Credit?

Failure to repay your loan can lead to defaulting, which attracts fees. You can also be reported for defaulting to a credit bureau.

Can you pay Jora credit early?

You can always pay off your credit loan early using Jora’s flexible and convenient repayment schedule.

Can Jora credit sue you?

Yes. Jora Credit can sue you according to the loan agreement you sign when taking a loan, allowing the creditor to obtain the money given to you when you default.

Financial products

Jora Credit
Personal loan
Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™

Effective interest rate on the product

up to 349%

Loan term for the financial product

up to 30 months

Calculate loan payments in Jora Credit

Jora Credit calculator will allow you to calculate an approximate payment schedule for the loan

Loan amount

Enter the desired loan amount

500 $
4000 $
Loan term

Specify the loan term for the calculation


What to focus on before applying for a loan with Jora Credit

To ensure the lender is legitimate, check if it meets the following criteria:

How do you know if a loan company is registered?

The lending company is registered with the US Securities and Exchange Commission (SEC) and has a tax identification number (EIN). Note that tribal lending companies operate under the jurisdiction of tribal laws, and they don't have to register with the SEC. But still, tribes must act under federal consumer protection laws enforced by the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC).

According to the FTC requirement, the lending company is registered in your state, excluding tribal lenders abiding by tribal and federal laws only. That is why tribal lending companies can charge interest rates exceeding your state's maximum.

Finally, the State Attorney General can verify the registration of the lending company if you need additional proof of whether it is legitimate.

If a US lending company scams you, please report to local law enforcement, your state attorney general, CFPB, or FTC.

Finanso® also recommends

Learn the total cost of a loan, including:

It will be best to read a loan agreement carefully before signing it. If any part of the agreement seems incomprehensible, do not hesitate to ask the lender about particulars.

Remember that you don’t have to make an immediate decision when considering getting a loan. However, you must be sure that you are ready to repay following your loan documents. If the lender’s terms and conditions are uncomfortable for you, you are free to search for another proposal, as there are about 780 lending companies in the US.

What’s the difference between Jora Credit and a bank?

  1. You need to have a good credit history to qualify for a credit card with a bank. In contrast, even bad credit history debtors can borrow money from US lenders with personal or payday loans. 
  2. Interest rates and annual percentage rate for a loan with an online lending company are significantly higher than with a credit card released by a bank.
  3. Applying for an online loan with a lending company doesn’t require paperwork or even visiting their office. Instead, a borrower can apply entirely online and receive money via direct deposit on the next business day.
  4. The online lending business is high-risk for investors, and their capital is not protected from unfair borrowers.
  5. A loan with legitimate loan companies for bad credit is a simple but expensive form of borrowing to resolve financial hardship.
Your comment has been added
Your complaint has been recorded
Invalid username or password
Please log in to like/dislike
Invalid SMS code has been entered
All Jora Credit’s reviews by September 2022
Leave feedback

Similar companies

Mission Loans
19500 Jamboree, Suite 300 Irvine, CA 92612
Accredited Debt Relief
9525 Towne Centre Dr, Suite 100, San Diego, CA 92121
1900 S. State College Blvd, Ste 300, Anaheim, CA 92806
PO Box 10, Parshall, ND 58770
Wintrust Mortgage
9700 W. Higgins Road, Ste. 300, Rosemont, IL 60018