RISE Credit payday loans review April 2018| finder.com

RISE Credit payday loans review April 2018

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

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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. After making 24 months of scheduled payments, you could see a 50% drop in your rate of future loans or advances (excludes those who had starting rates of less than 75%).
  • No prepayment fees. RISE Credit allows you to pay off your loan or advance early with no extra fees.

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.

Compare more short-term loan providers

Rates last updated April 23rd, 2018
Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
Name Product Product Description Term of Loan Turnaround Time Maximum Loan Amount
Check into Cash Payday Loan
With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
Varies by state
1–2 business days
$1,000
LendUp Payday Loans
LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.
7–30 days
generally receive the money the next business day
$250
CashNetUSA Loan
Apply for a short-term loan with an easy online application and dedicated customer service.
Varies by state
1 business day
Varies by state
ACE Cash Express Payday Loans
Quick payday, installment and title loans with no prepayment penalty and a 72-hour satisfaction guarantee. Funds can be loaded on an ACE Elite™ Visa® Prepaid Debit Card.
Varies by state
Generally receive the money the next business day
Varies by state
LoanByPhone Payday and Installment Loans
This mobile lender offers convenient cash loans. Apply online or by phone.
Varies by state
1–2 business days
$3,000
BadCreditLoans.com
With straightforward, simple qualifications, these loans offer easy approval for people with poor credit.
3 to 36 months
Varies
$5,000

Compare up to 4 providers

Rates last updated April 23rd, 2018
Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
Name Product Product Description Term of Loan Turnaround Time Maximum Loan Amount
BadCreditLoans.com
With straightforward, simple qualifications, these loans offer easy approval for people with poor credit.
3 to 36 months
Varies
$5,000
Slam Dunk Loans
Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.
Varies by lender
As soon as next business day
$2,500
LendYou Payday Loans
Apply online with this loan-connection company offering unrestricted short-term loans at high maximums — fast turnaround.
Varies
1 business day
$15,000
CashAdvance.com Payday Loans
Whether for emergencies or unexpected expenses, this broker may be able to connect you among its nationwide network of lenders.
Up to 12 months
1–2 days
$999
TriangleCash Payday Loans
If you have bad credit or no credit history, apply to be connected to a network of lenders for funding at rates that vary by state.
Varies based on lender
As soon as next business day
$1,000
SWIFT Payday Loan
Access multiple lenders with a 5-minute application for a cash advance on your paycheck.
Varies by lender
Next business day
$1,200

Compare up to 4 providers

Is it safe to apply?

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.

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.

What do other customers have to say about RISE Credit?

Mixed reviews. RISE Credit is not accredited by the Better Business Bureau, though it does have an A+ rating. It received 4.3 out of 5 stars based on over 50 customer reviews, which were split down the middle between favorable and negative. Of those that criticized RISE Credit, they cited high interest rates, extra payments that were not applied to the principle, and being pre-approved for a loan and then being told they didn’t qualify. On the flip side, those satisfied with the payday loan service praised their easy application and fast turnaround.

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.

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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

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