RISE Credit could help you when you need money fast, even if you have bad credit.
You may have seen a TV ad of RISE Credit or just stumbled upon its name online. RISE Credit offers payday and installment loans to borrowers in a selection of states. Read further to learn about its offers and what you’ll need to qualify with this lender.
What types of loans does RISE Credit offer?
RISE Credit provides loans to people in Alabama, California, Delaware, Georgia, Idaho, Illinois, Kansas, Mississippi, Missouri, New Mexico, North Dakota, Ohio, South Carolina, Texas, Utah and Wisconsin. They offers borrowers two short-term loan options:
- Payday loans. Pay the loan back in one lump sum when you get paid.
- Installment loans. Take advantage of scheduled payments over an extended repayment period.
Why should I consider RISE Credit?
RISE Credit offers a way to get money fast when you really need it, regardless of your credit score. They make it easy with:
- Quick turnaround. You can typically get approved and receive funding in as little as 24 hours.
- AutoPay. Set up automatic recurring payments to avoid late fees.
- Variable terms. Repay on your next payday or in installments over an extended period.
RISE Credit also offers support with building good credit and learning new money habits.
How much will I pay to borrow with RISE Credit?
Rise Credit considers your credit score before customizing an APR for your specific loan. APRs can be as low as 36%–299%%, depending on your creditworthiness and the state you live in. If you miss a payment, you could be charged a late fee of 5% of the payment.
Compare more short-term loan providers
With these providers, you’ll submit one application and possibly get connected with a suitable direct lender in its network.
Are RISE Credit loans safe?
Yes. RISE Credit uses 128-bit Transport Layer Security encryption and multilayer digital defenses that ensure your personal and financial information is safe from malware, phishing and other suspicious activity. If you have any problems or concerns, contact customer service or complete an online form.
How can I apply for a loan with RISE Credit?
Applying for a loan with Rise Credit is simple. To qualify you must:
- Be 18 or older and a US citizen or permanent resident.
- Have a bank account.
- Live in one of the 15 states that Rise Credit services.
- Have a phone number and valid email address.
- Be able to prove a source of income.
To apply, go to RISE Credit’s site, choose your terms and receive your funds in your account within 24 hours.
Pros and cons borrowing through RISE Credit
- Offers high loan maximums. Loans can be as much as $5,000, which is more than most competitors in short-term loan lending.
- Easy application process. Many users are able to complete their online applications within just a few minutes.
- Rewards for returning customers. If you successfully pay back a loan, future loans could come with lower rates and longer repayment terms.
- Limited availability. Available in 15 states only.
- High APRs. Interest can be high for those with poor credit.
- Fees. Some states charge origination fees and higher late fees.
RISE Credit is a quick and secure way to get money when you need it. Check the availability in your state, and compare RISE Credit to other lenders available in your area.