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Explore Credit Reviews


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Written by Angela Mae

About Explore Credit | Read More


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  • support@explorecredit.com
  • (844) 355-5626
  • Headquarters: Explore Credit Operations Dept. P.O. Box 260269 Atlanta, GA 30326
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Explore Credit Personal Loans Review

Explore Credit offers short-term installment loans to borrowers with poor or fair credit. They’re best for borrowers who need funds for a one-time emergency situation.

Borrowers can only take out one loan at a time. After paying off the first one, they can apply for a new one if needed. These loans range from $300 to $2,000, depending on the borrower’s state. They have no hidden fees and can be repaid early without penalty.

Explore Credit Personal Loans Highlight


Min Credit Score


Loan Amount


Soft Credit Pull


Lender Type


Other Fees


Origination Fee


Prepayment Fee

48 hours

Funding Time

Pros & Cons

  • con-icon Eligibility requirements are transparent
  • con-icon Borrowers with bad credit or limited credit may be eligible for financing
  • con-icon Offers quick funding for emergencies
  • con-icon Simple, fully digital loan application process
  • con-icon Maximum loan amount may not be enough to cover all emergencies
  • con-icon Not available in all states
  • con-icon Exact terms and rates not easily visible online
  • con-icon Although there are no hidden fees, rates can be high

Loan Purpose

  • Home Improvement
  • Major Purchase
  • Medical Expenses
  • Household Expenses
  • Vacation
  • Other

Loan Type

  • Unsecured Personal Loans
  • Fixed-Rate Personal Loans
  • Variable-Rate Personal Loans

Explore Credit Personal Loans Terms & Requirements

Explore Credit offers short-term installment loans to borrowers who need them. This could be a financial emergency, home renovations, car repairs, or similar situations.

These loans come with flexible repayment terms and can be repaid in weekly, bi-weekly, monthly, or bi-weekly installments. Loan amounts range from $200 to $3,000. As with many other online lenders, the exact rates and terms are not directly stated online. Instead, they’re based on your application and creditworthiness.

How to Apply

To apply for an installment loan, start by heading to Explore Credit’s website. From there, choose the loan amount you need and click “Apply Now.” Next, select your state and loan purpose. Then, click “Start Application.”

You’ll then need to create an account using your email address, social security number, and date of birth. Once that’s done, you’ll need to provide some personal and contact information, such as your full name, phone number, driver’s license, military status, and mailing address.

Then, input your income and employment details. This includes your monthly income, income source (employed or self-employed), pay frequency and date, and whether you have direct deposit. It also includes your job title, employer’s name, and contact information. After that, provide your bank account information.

This will bring you to the final section of the application, the “Final Authorization.” At this point, Explore Credit’s automated system will review your information and give you their decision.

The entire process only takes about 10 minutes. If approved, you’ll receive funds in your bank account within two business days.

Qualification Requirements

To get a loan from Explore Credit, you’ll need some personal, banking, employment, and income information.

  • Min. credit score: 550
  • Income: $1,500
  • Age: at least 18 years old
  • Job status: Self-employed or employed
  • Debt-to-income ratio: N/A
  • Co-signer N/A
  • Bank account: Required
  • Required documents: Checking account info, SSN, driver’s license number, permanent address, and employment details

Required Information

Explore Credit requires all applicants to provide certain identifying information. This includes a valid bank account, personal identification (ex. driver’s license number, SSN), permanent address, and employment information. You’ll also need to indicate how much you want to borrow and why.

Application Steps & Time Frames

  • Explore Credit’s loan application process is fast and easy. It only takes a few minutes to complete.
  • The lender has a secure, fully automated process that allows borrowers to apply for financing in minutes.
  • Eligible borrowers typically receive funds within 48 hours of applying. This is faster than what some other online lenders offer.

State Availability

Available - Arizona, California, Colorado, Delaware, Florida, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington, Wisconsin, Wyoming,

Not Available - Alabama, Alaska, Arkansas, Connecticut, Georgia, Illinois, Massachusetts, New Hampshire, New York, North Carolina, Pennsylvania, Vermont, Virginia, West Virginia,

Written by Angela Mae

Angela Mae is a personal finance writer specializing in loans, debt management, investing, retirement planning, and financial literacy. She comes from a journalistic background and pulls from hands-on experience and deep-dive research to breathe life into her stories. Her goal is to help others achieve financial stability and independence. When not writing, she can be found traveling, honing her yoga skills, hiking, or exploring new means of healthy, sustainable living.



Who’s eligible for an Explore Credit loan?

Explore Credit primarily works with borrowers with limited financing options. This includes individuals with poor credit or limited credit history.

What do you need to apply for an installment loan?

During the application process, you’ll typically need to provide your SSN, driver’s license, mailing address, and employment and income information. You will also need a valid checking account for ACH transfers.

How long does the entire loan process take?

The online application process typically only takes a few minutes to complete. Most applicants receive a lending decision within minutes. Funds are usually available within 48 hours.

Customer Support

Explore Credit has several different ways to contact them, including an online chat form and phone number. The company also strives to provide excellent customer support.

If contacted during business hours, a representative typically answers in a timely manner. When contacted via email or online contact form, customers can usually expect a response within a couple of business days, if not sooner.

On Trustpilot, the company has 3.1 out of 5 stars and 679 customer reviews. Some of the positive reviews indicate that Explore Credit has transparent practices, only took the agreed-upon fees, good customer service, and a smooth lending process. Some of the negative reviews mention the difficulty in getting their information verified and high lending fees.

Privacy & Security

Explore Credit is transparent about their loan products, requirements, licensing, and security measures. The website uses HTTPS, a standard encryption protocol used by many online lenders. The online loan application also follows standard security protocols.

The company may collect certain private information from their customers. This can include Social Security numbers (SSNs), driver’s license numbers, contact information, employment information, and banking information.

Explore Credit has a transparent privacy policy, which they encourage people to review before proceeding with an application. This document provides additional information about the types of information the company may collect, and how they use or share it. In all, this is also typical in the industry.

In Conclusion

Explore Credit is a private lender that offers short-term installment loans to borrowers with limited financing options. This Georgia-based company has a fully automated online portal and easy loan application process. They  operate under the Wakpamni Lake Community Corporation and are licensed to lend in 34 states.

One of the biggest drawbacks to this lender is that their financing options are limited. They are also not available in all states.

Overall, Explore Credit may be a good option for individuals who need a fast funding solution for emergency situations. They even have a loyalty program that rewards borrowers for making on-time payments for their loans.

Brand Disclaimer

“All installment loans are underwritten by WLCC Lending JEM doing business as Explore Credit. Explore Credit is a Native American owned business operating within the interior boundaries of the Pine Ridge Reservation of the Oglala Sioux Tribe, a sovereign nation located in the United States.

WLCC Lending JEM is an entity of the Wakpamni Lake Community Corporation (WLCC), a tribal corporation wholly owned by the Wakpamni Lake Community. The Wakpamni Lake Community is a local municipal subsidiary government under the Oglala Sioux Tribe. WLCC is incorporated under and governed by the laws of the Oglala Sioux Tribe, a federally recognized Indian Tribe, and the regulations of the Wakpamni Lake Community. WLCC operates independently of the Oglala Sioux Tribe. Correspondence should be directed to WLCC. As a tribal government, the Wakpamni Lake Community Corporation is a sovereign corporation and follows all applicable tribal and federal laws. State laws, regulations, and interest rates are not applicable to WLCC Lending JEM DBA Explore Credit or WLCC.

Typically, Explore Credit reviews your information in real-time to determine whether your information meets our lending criteria. You acknowledge that by completing and submitting the website application that you are applying for a loan. We verify applicant information through national databases including, but not limited to, Clarity and Factor Trust and we may pull your credit to determine your eligibility and ability to repay.

Explore Credit does not lend to residents of NY, PA, GA, NC, NJ, VA, MA, MD, AL, CT, AR, WV, NH, SD, AK, VT, Guam, Puerto Rico, and the US Virgin Islands. Availability of installment loans are subject to change at any time at the sole discretion of Explore Credit.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR APPLYING FOR A LOAN – To help fight the funding of terrorism and money laundering activities, and to comply with Tribal law and the spirit of federal law requiring all financial institutions to obtain, verify and record information that identifies each person who applies for a loan, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask for your driver’s license number or other identifying documents.

*Certain events or changes to your information may impact your eligibility to receive a loan. If you no longer meet the pre-selection criteria, we may offer you a loan in a different amount or on different terms. If you reside in a state in which we do not provide services, you will be ineligible for a loan.

To obtain a loan, you must have a valid checking account, e-mail address, verifiable identity, and verifiable minimum income. Please Note: Installment loans should be used for short-term financial needs only, not as a long-term financial solution. Customers with credit difficulties should seek credit counseling. Explore Credit will only allow a customer to have one loan at a time.” Loan Example: A $10,000 loan with a 5-year term at 13% Annual Percentage Rate (APR) would be repayable in 60 monthly installments of $228 each. The actual payment amount and year-end balance will vary based on the APR, loan amount, and term selected. In this case the total amount expected to pay by the borrower will be $13,680