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Zoca Loans Review

Speed is crucial when dealing with unexpected financial challenges. Unlike the old days when you had to visit a store or line-up on a bank to get a personal loan, nowadays things have changed. A simple search on your computer or phone is enough to get you a personal loan. 

When exploring reliable online lenders, Zoca Loans is a perfect place worth considering. It offers emergency short-term term loans to borrowers with borrowing needs of between $300 and $1,000. To qualify you for a loan, you don’t need a good credit profile – all credit types are eligible to apply. While there’s no guarantee that you’ll qualify for a loan, if approved, you receive your funds on the same day. 

Keep on reading to understand more about its key features, costs, and requirements. 


While Zoca Loans hasn’t listed the specific loan rates and terms on its website, it has given a sample of what to expect from an installment loan. 

In the example, a $300 installment loan with a 12 biweekly repayment plan comes with an APR of 795%. This means that at the end of the term, you will have paid interest of $888 for an installment loan of just $300. That’s close to 3 times the principal price. 

However, considering it’s a short-term unsecured loan that accepts all credit profile, the rates are reasonably priced. Besides, to a receive same day loan, you have to pay an additional $30 for a wire transfer.

You also need to consider other rates such as the origination fees and late repayment fees. If you are late in repaying your installment by 2 days after the due date, you’ll be charged a late penalty of $25. You will also be charged $25 if a payment is returned due to insufficient funds on your account. 

Key features 

Zoca Loans operates under the Rosebud Sioux Tribe. This means that it doesn’t abide fully by state lending rules and thus there’s no cap on its APRs. 

Besides, it isn’t upfront with its rates and repayment terms – you should expect to incur high APRs. That’s why it’s important to use these types of loans as a last resort and for emergency purposes only. 

The application process is completed online and only takes about 5 minutes. The application is processed within seconds and you are given an immediate answer if you are approved. All loan requests made before 8 pm on weekdays are funded on the next business day. However, if you can pay $30 for a wire transfer option, you will receive the funds on the same day. 

Zoca Loans also gives an approximate repayment term of 12 biweekly payments. You will also be charged a late repayment fee of $25 and an NSF of $25 if your deposit account has insufficient funds on any installment payment date. 

But there is a way to avoid these additional late repayment charges -you have a one-time payment extension. If you can’t meet a payment in time, you can contact the support team at least 2 days before the due date for an extension. Also, if you repay your loan early, you won’t be charged a prepayment fee. In fact, you’ll be saving on interest money. 

Furthermore, the eligibility requirements are lax, there is no credit score limit, and it’s available in 37 states. 

Other advantages and disadvantages of using this lender include:


  • Available in many states 
  • One-time late payment extension 
  • Optional same-day funding 
  • Short online application 
  • Friendly repayment term 
  • No credit score limit 


  • Not caps on APRs 
  • High APRs 
  • High late repayment and insufficient funds penalties 
  • Not available in all states 


What do I need to apply for a loan with Zoca Loans? 

To apply, you will need your Checking account number, driver’s license number, debit card number, Social security number, and routing number. 

How can I check my loan balance? 

It’s easy to check your loan balance. Just log in the members portal on the Zoca Loans website. You’ll find a summary of your current loan at the top right side of the page. 

What should I do if I don’t have enough money to pay for my due installment? 

Zoca Loans gives you a one-time extension if you are unable to make your payments timely. However, you must contact them 2 days prior to the scheduled payment. Otherwise, you’ll be charged a late repayment fee of $25 or $25 fee for insufficient funds on your account. 

How soon can I apply for a second loan? 

Zoca Loans has a 3-day cooling-off period. This means that you can’t apply for another loan immediately after repaying the previous one. To reapply, you have to wait for 3 days. 

Eligibility Criteria

Like with every other lender, Zoca Loans also has a few eligibility requirements. They include;

  • Have a state-issued ID
  • Have an active checking account 
  • Be 18+ years old 
  • Be a US permanent resident or Citizen 

State Availability

Zoca Loans offers its loans to residents of all US states except for;

  • Colorado 
  • Arkansas 
  • Maine 
  • Georgia 
  • Massachusetts 
  • New Hampshire 
  • Maryland 
  • New York 
  • New Jersey 
  • Pennsylvania 
  • Vermont 
  • South Dakota 
  • West Virginia 
  • Washington, DC 

Customer support

The Zoca Loans customer support team is available to assist you in case of any questions or queries. You can contact the team at 1-888-980-1532. You can also write to them at support@zocaloans.com. 

Application process

The loan application process is simple and easy to complete. Follow these steps;

Step 1 – Visit the Zoca Loans website application page to get started 

Step 2 – Enter your personal information and the desired loan amount 

Step 3 – Read and agree to the terms of use. Click Next to continue. 

Step 4 – Enter the required residential information 

Step 5 – Enter the bank details and click Next. 

Step 6 – Your application will be processed and you’ll be notified about the lending decision. If you are approved before 8 pm, you will receive the funds on the next business day. You can also pay $30 for a same-day wire transfer funding. 


Although Zoca Loans is an ideal solution for financial emergencies, the APRs are somehow overrated. Therefore, if it’s the only option you have for a lender, remember to borrower responsibly!