RISE Credit payday loans review November 2017

If you have poor credit and need money quickly, RISE Credit payday loans could help. But watch out for high fees.

What is a payday loan?

Payday loans are short term loans that provide you money until your next payday. They can be a convenient form of credit when you need it, but they also tend to be much more expensive than other loans.

RISE Credit will tell you exactly how much you’ll pay for the loan before you sign a contract. Pay attention to high APRs and fees that vary from state to state.

Min Loan Amount$500
Max. Loan Amount5,000
Loan TermVaried by state
Loan SecurityUnsecured
Turnaround TimeNext business day
CostsVaries depending on the amount and your state of residency.
RequirementsYou must be 18 years old (19 in AL) or older, live in a state they service and have the following: a regular source of income, a checking account and an email address.
  • Must be at least 18 years old (19 in AL).
  • Live in a state we service.
  • Have a job or regular source of income.
  • Have an active and valid checking account (savings and prepaid accounts not accepted).
  • Have an email address to receive account information.

Product details

Rise credit offers payday loans in Alabama, California, Delaware, Georgia, Idaho, Illinois, Missouri, New Mexico, North Dakota, Ohio, South Carolina, South Dakota, Texas, Utah and Wisconsin.

Fees and interest rates vary by state, with some states charging an origination fee.You can learn more about your state’s specific rates on Rise Credit’s website.

What are the benefits of RISE Credit payday loans?

  • Quick approval. See the funds in your bank account in as little as one business day.
  • High maximums. Loans can be for as much as 5,000 in some states.
  • Build credit. You could be offered better APRs as a returning customer with good payment history

What to watch out for

  • Fees. Some states charge higher late fees and origination costs.
  • High APR. You may pay more in interest if you have poor credit.

Am I eligible for a RISE Credit payday loan?

Getting an installment loan through Rise Credit is a quick and easy way to get the money you need. To be eligible, you must:

  • Be 18 or older and a US citizen or permanent resident.
  • Reside in one of the 15 states it services.
  • Have a bank account.
  • Have a phone number and valid email.
  • Be able to prove a source of income.

What information do I need to apply?

  • Government-issued ID. You’ll need a driver’s license and Social Security number.
  • Banking information. Including your bank name, account type, account number and routing number.
  • Employment information. Name of employer, monthly income, last day paid and next pay date.

I got a payday loan from RISE Credit. Now what?

  • Avoid late payments. Save money by paying the loan in full by the due date.
  • Contact customer support. Call a representative with questions or to discuss payment options.

Bottom Line

RISE Credit offers payday loans to get you money quickly without having to worry about a strict repayment plan. However, you may want to compare other short term loan lenders in your area to make sure that you get the lowest APR and fees for your needs.

Frequently asked questions about RISE Credit payday loans

Yes, RISE extends a five-day risk-free guarantee in which you can change your mind and return the money with no fees.

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.

Yes. If you’re approved, you’ll sign a new loan that may include rates and terms that differ from your previous loan.

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2 Responses

  1. Default Gravatar
    MikeOctober 23, 2017

    Do you still provide loans in the state of Illinois?

    • Staff
      DanielleOctober 23, 2017Staff

      Hi Mike,

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      Rise credit offers payday loans in Alabama, California, Delaware, Georgia, Idaho, Illinois, Missouri, New Mexico, North Dakota, Ohio, South Carolina, South Dakota, Texas, Utah and Wisconsin.
      Fees and interest rates vary by state, with some states charging an origination fee. You can learn more about your state’s specific rates on Rise Credit’s website.

      I hope this helps.

      Cheers,
      Danielle