How it Works
What is an online installment loan?
An installment loan is a specific amount of money you borrow and then pay back, split up into equal payments within a certain time frame.
With Explore Credit our super simple online process gets you a decision in just minutes.
How it Works
What is an online installment loan?
An installment loan is a specific amount of money you borrow and then pay back, split up into equal payments within a certain time frame.
With Explore Credit our super simple online process gets you a decision in just minutes and your funds in as little as two business days.
FAQs
You asked. We answered.
Explore Credit provides installment loans for your financial needs. We offer a transparent and secure way to quickly apply and get a decision for much-needed short-term loans through our online application portal.
Explore Credit only allows one installment loan per household at this time.
To apply for a short term installment loan with Explore Credit, you will need your social security number, permanent address, driver’s license, current employment information, and a bank account.
Using our online portal, simply log in to your Explore Credit account, review the loan agreement, and then provide your first and last name along with the last four digits of your social security number.
Your Explore Credit online loan process is conducted on our own secure servers. We utilize industry-standard security protocols to ensure your information is completely confidential. For more information, please refer to our Explore Credit Privacy Policy.
You will need to have a checking account that accepts ACH transfers. Unfortunately, prepaid debit cards and savings accounts cannot be used.
You can view Explore Credit’s Privacy Policy here.
We will never penalize you for paying off your loan early. That means we’ll never charge you a fee for making extra payments on your Explore Credit loan. EVER.
Yes, it’s cheaper to pay off your loan early because you’ll save money on the amount of interest you pay. The faster you pay off your loan, the more money you’ll save on your loan payments.
You can make extra payments or pay it off in one lump sum. It’s totally up to you!
There are clear benefits of paying off your loan early. First, you save money as you pay less interest, and second, you’ll be one step closer to getting out of debt.
Rewards & Perks
Our Explore Credit Loyalty Points Program is a great
way for you to get money deposited directly into
your bank account.
Here’s how it works:
- Earn Loyalty Points: Every dollar you pay towards your loan with Explore Credit earns you 1 loyalty point. As you make regular payments, your points will start to accumulate, bringing you closer to exciting rewards.
- Unlock Discounts: Once you reach 1500 loyalty points, you’ll unlock a fantastic perk—a $25 discount on your next payment! It’s our way of saying thank you for choosing Explore Credit and being a part of our loyal customer community.
- Seamless Redemption: We’ve made it even easier for you to enjoy the benefits of our loyalty program. Once you accumulate 1500 loyalty points, our system will automatically apply a $25 discount to your next payment. No need to worry about redemption or extra steps—your reward will be seamlessly and automatically applied, making your next payment even more affordable.
