RISE is an online lender that provides fast cash to borrowers who don't qualify for lower cost loans. Rates are expensive, but there are no hidden costs or prepayment penalty fees. RISE's personal loans include free access to your credit score and your on-time payments will be reported to a major credit bureau, which could help you improve your credit score.
How Does RISE Work?
Apply online to see the rates and terms applicable to your state. To qualify, you must have a job or another proven source of income, an email, a phone, a checking account and be at least 18 years old. Please note that payments are bi-monthly or monthly and that the first payment date is on your next payday. RISE has fixed interest rates that depend on the loan amount and the state you live in.
What Are RISE's Interest Rates?
The APR varies from 36% to 365% depending on the loan amount and the state you live in. The lowest rates are only available in certain states.
How Much Money Can I Borrow from RISE?
Loan amounts range from $300 to $5,000 and the maximum term is 26 months. To illustrate, a 25-month loan of $5,000 with a 125% APR will cost you $265 every two weeks or $530 a month, which represents a total cost of $13,250.
What Is RISE's Application Process Like?
The online application form only takes a few minutes to fill out, and in most cases you will get a reply within seconds. If you're approved, you should get access to the cash within one business day.
How Is RISE Better Than Other Lenders?
RISE is similar to many other bad credit lenders in that it offers flexible credit requirements in exchange for high interest rates. However, the fact it reports to a major credit bureau, allows you access to your credit score for free, and drops the interest rates of reliable borrowers make it an option worth considering for bad credit borrowers who don't qualify for less expensive loans.
Credit Bureau Reporting
36% - 365%
$300 - $5000
Max Loan Term (Months)
Checking Account Required?
Immigration Status Requirements
Must be U.S. Citizen or U.S. Permanent Resident
Lend To Military?
Unemployed Applicants Considered?
Verification Documents Required?
Proof of citizenship/residence
Joint Loans Available
No Late Fees
No Origination Fee
No Prepayment Penalty
0.95% - 3.75%
Approval Speed (Hours)
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rise is a terrible company to do business with. their business practices
are unfair have no regards for their customers only their money. they
have no problem coming after you for their money but if they owe you a
refund god forbid your lucky if you ever get it. their answer always is the
check is in the mail and it takes 7 to 10 business days.but it is not. if
your smart you will not do business with rise. the voice of experience.
kathy worrall no stars worst company ...
i don't care what other said but rise they have help me and my wife in the time of need... the rate might be high, what can you do if no bank will approve you with bullshit credit lol..Just pay them off when you get your tax refund...THANKS RISE IN THE TIME OF HARDSHIP
Rise credit is a group of non professionals. They are a joke. get a loan somewhere else.
I dont see what everyone has a problem with rise gives you all the info before u sign anything they let u know everything up front they just helped me in a tight spot and i thank them for that. The ppl that want to complain about it should of read what they we're signing it sounds like they were ina hurry to get some fast cash if you can't make the payments or just want to be nasty because u made a mistake then dont get the loan ...
nobody forested u to thanks rise.
Good company hope it can help me for what I need
I will not even give this risecredit company one star. Please people, please do not get a loan with these guys they will screw you like you have no idea, 235% interest that is bullshit. Never will the representatives be on the same page, every time you call each and every one of them says something different just don't do it please.
My fiance and I got a 500 dollar loan from them and it's nice. We pay 100 every 2 weeks totaling about 900 in the long run. But U get what your asking for. Quick cash with high Apr. you pay extra for the discreat and no hassle. It states it all before you sign it. We have no problem. Even was approved for a 2300 dollar loan with the same payments after this is paid off. I don't see a problem with them
Great company to deal with when you are welcome need, they are there to help you in your time off hardship.
Lending practices appear to be very bad preying on those that need emergency funding or are going through "hard times". Most of these people are hardworking people and do not deserve to go through this on top of the financial woes they are already dealing with. Just surprised the government hasn't intervened. Stunned if these reviews are truthful.
This company is a total rip off and complete predatory lender. If you are in the hole this is not your answer. It will just dig you a deeper hole!
Loan Sharks. Plain and simple. You will be better off borrowing from the Mafia. Trying to disguise a criminal enterprise as legit and helpful. Wolves in sheep's clothing.
RUNNNNN..... DO NOT EVEN THINK ABOUT USING THIS COMPANY!!! I RATHER BORROW MONEY FROM THE DEVIL CAUSE AT LEAST WITH HIM I KNOW WHAT I AM GETTING MYSELF INTO!!! WENT TO PAY OFF MY FINALLY PAYMENT ONE THE DAY I HAD A PAYMENT DUE THAT THEY STILL TOOK THE INTEREST... SO I ENDED UP PAYING THE INTEREST FOR THAT DAY AND THE DEPOSIT...I WOULDN'T RATHER RISE CREDIT TO MY WORST ENEMY
This is off subject but I need an anonymous opinion, and since you are all past consumers, you would know the process. I recently discovered an amount of 242.34 being debited by Rise De Db from my husband's bank account. He denies getting a loan and even knowing what rise is. I'm not naive nor stupid. However, he's not really the type to hide things. Is it even a possibility that this is identity theft? I don't see how if the money is deposited into his account. Unless the thief ...
withdrew it quickly before he saw it. Likely, mmmm? I don't know. So, who thinks he's lying?
this company is crazy all u get is the run around its been two weeks dealing with them they say your approved then they need more info u give them the info and everyday you get a email saying your missing something 2 weeks still no loan its scammmmmmmmmmmmmmmmmmmmmmmmmmmm
They will tell you that your money will be deposited the next day when applying for the loan but instead the next day I only got an email saying they wanted to verify more information and I would have to re-sign the contract. And the emails for verification are done by first in line so they have no idea when they would get to mine. If you need your money did not go by the time that they tell you when you apply and sign your contract that it will ...
be deposited. I think they lie just so you will finish the contract and stop looking at other options.
It states that on the website, but for people in need that cannot get a personal loan you think you can handle it. The repayments are low if you borrow certain amounts but it's like a reoccuring payday loan. Very high interest and before you make your first payment your loan amount has increased by hundreds! I've learned my lesson to never use this service, although I can't now that they're no longer licensed in my state - so I couldn't if I wanted to, but that's a good thing. ...
I borrowed $2000 to pay for graduation expenses and ended up paying back almost $5000. My interest rate was 199%. Avoid at all costs if you can, if you can't just know you'll pay much higher than what you borrowed. Their customer service wasn't good either, once they were no longer licensed in my state I could no longer get any benefits of decreased interest rates that were promised when I applied for the loan (and I made all payments on time) and no one could tell me what to do-all they kept saying was they were sorry. I'm sorry I made this loan. Once again-avoid if you can!!
This company is a ripoff don't do it. I wanted to borrow 2600 and was told I would need to pay 11 thousand back. I called customer service because I felt it was a mistake and was told it was correct.
Wow this is by far the worse loan, you can get , people please read the terms. Because if you don't understand them you will be in wores shape after you get this loan. Lucky for me i am able to pay it off in 2 months, did the loan for my son, and I borrowed 3,500, and now where it, tells u about the loan until u get thst first payment, I couldn't understand why i was getting a withdrawal ...
off funds ,well everytime I get a work check deposit the withdraw 299.09 so I'm paying 600 a month for that loan so if you get payed every week they make a withdraw every payday, so be aware this is not for you , just lucky it will be payed in the next 3 weeks. , dont do it please. And they don't deserve a star
I paid off my loan early and they didn't charge any fees or extra interest. I'm now approved at a lower rate for a higher line amount.
They have the most informative website and up front terms offered of all the other sites.
No repayment penalties are a big thing. I know because I had another loan with another company and I had no idea that they had those penalties. I ended up spending money to pay off my loan ahead of time!! Really made me mad. Rise doesn't have those penalties, and I'm really glad.
With Rise, you can apply for loans online and receive funds as soon as the next day, just like with payday loans. And the interest rates are expensive, although not quite as bad as some payday loans. The difference is that you can qualify for lower interest rates by making payments on time. If you have bad credit, Rise is probably a better option than payday loans, provided you live in a state where Rise loans are available.
Cherished the convenience of having a loan advance that appeared to be more suited to my terms. I was able to get what I needed and afterward paid it off inside a month and a half...so I paid barely any interest compared to what a payday advance would have cost me.
I needed $100 more dollars and i called RISE to check whether i could get the loan increased. The agent on the telephone let me know i needed to pay off the loan I got first.
She didn't get it. How hard would it be to be to increase my loan? I was approved for more than I asked for in the first place. Why can't you just provide the extra money now?
Tired of managing inept individuals. Asked to converse with a manager, was put on hold for 10 ...
min, so i called back and asked another person to get me a supervisor..
Was informed that somebody would call me back. still waiting for that call.
Requested an advance with these nitwits and got approved, however then I got an email requesting my LES, W2, bank statements, permit, and military id card. Sent the majority of that through email... despite everything they requested a government disability card?
Continued sending messages saying records missing. It felt like I was purchasing a car at a dealership and I was only after $700!
A complete sham company. Of the 700 I would have paid back 879.
RISE Credit features American hero Rocky Balboa in their marketing campaigns. On the surface RISE Credit appears to present a viable option for borrowers in need of some short-term financial help. But if you look a little closer RISE Credit is really just a payday wolf in Rockys sweatshirt.
Another binging Christmas, and here I am wishing I had just gone to the north pole and lived in an igloo instead! I had a bunch of bills to pay and no money to pay them so I got a quick $5,000 loan with rise. Interest is high, but my resolve to not do this again next year is even higher!
There is no reason not to use RISE. They were fast, easy to work with and helped me out of a jam. Thanks to them I didnt have to face an even worse financial crisis.
I got an loan from these people knowing their ARRs are really high. But I had a crisis and needed a loan quick. I made the initial three installment payments on time, yet got behind on one payment. I made a the installment payment 6 days late and brought the record current.
When the next payment came due I asked to move the date. I was informed that they couldn't move the date. So I couldn't make the payment as planned. Instead I made a $400 payment 10 days late. ...
They ended up saying I was more than 30 days late - which I wasn't. My amount due blew up to $700.
I couldn't keep up with the interest - $13 a day. I asked to see my contract and and nobody had the capacity to furnish me with a duplicate of my agreement, and I was given general explanations to return to the site for more info.
Why is it so hard to get some basic answers and some help?
Rise credit are messed up. My account was setup to make payments every two weeks. All of a sudden the transaction failed and didn't go through.
There was cash in my account. I didn't have any reason not to pay. I called and they said they needed a DEBIT or credit card. I then went ahead and put cash on a prepaid card and messaged them the info. They still did not set up the payment. My wife called them and tried to resolve the issue but they told her ...
she couldn't do the regular bank draft either.
Not sure what's up with Rise credit but they need to get their stuff together. Why is it so hard to pay back my loan.
I was in urgent circumstance and took out a loan from Rise credit. I've thought twice about it ever since. The semiweekly installments are more than my auto installment and my insurance. I'm in twice as much debt now. I know that I'm the one to blame but I do feel this organization exploits individuals with money related problems, for example, me. Avant Credit is who I will go to from now on. Their installments are sensible and they are eager to work with you in the event that you ...
get in a tight spot.
I had a Rise credit loan much like others on this site...I paid them on time and had around 5 to 6 installments left so I said to myself I can afford to pay it off... so I did ...
After some time had past I came back online to get an another advance with them. Remember, I've already paid off the first loan and never missed any payments. The second time around I was turned down. My credit should be better now then before.
On their ads they say ...
all this stuff about lowering interest rates. Rise credit didn't even approve me for my second loan! This is how they deal with return customers? Just SAY No!!!!!! ...
Don't believe all the lies they are spewing on their TV commercials.
The RISE credit ads on TV made it seem like this was such a good alternative to other loans but I'm finding myself more trapped than ever.
I have to pay two installments per month and its costing $500 month to month. I can't bear the cost of it any longer. I have already paid back what I borrowed but it seems like this loan goes on forever. Do I have any recourse?
Getting the loan was pretty easy. They have a pretty good website. But the interest rates are ...
crazy. Make sure to read your loan agreement because you'll find yourself paying back a huge amount of money like me.
My mom told me about Rise Credit and said that they had helped her dig out of a financial hole with a loan after my dad died. Well, my husband didn't die, but he did leave me, and I was left holding the financial messy bag. I got a quick loan with Rise and climbed out of the hole of debt. Thanks Rise and Mom!
I needed $5,000 fast, and Rise rose to the occasion! I got the loan at a high interest rate, but I expected that. What I didn't expect was how quickly I got the money, and the great customer service. I am planning on paying it off early so I won't have to suffer so much interest.
I didn't expect tremendous interest rates going to a company that would give me a loan possibly within 24 hours, but I have to say that the interest rate wasn't as bad as I thought it would be. I am also happy with the repayment terms and the fact that there aren't any prepayment penatlies.
Not sure if these advances truly do anything for your credit. Does Rise credit do anything to help build your credit score? Or do they just keep you trapped in debt?
I'm knee deep in them and cant get out. I will not take any kind of payday credit loan... never again :(
I got a loan from Rise. Won't tell you how much the loan was for but the payment seemed manageable. After looking into the details I realized the APR was around 400%. So I am screwed paying this loan once again for 36 months. The regularly scheduled installment that I am making doesn't even make a dent in the bill.
I did the math and in the 36 months I will have paid them just about 10,000 dollars. I would stay away from this organization. Rise Credit is a Loan ...
Shark and will bite you each chance they get.
Sure, you get the cash but you'll pay a crazy amount to them before you're even. I am going to research this more and check whether I can battle the premium that they are charging me every day. Stay away from RISE CREDIT.
I got $5,000 from Rise and the interest rate is pretty high, as expected. I didn't realize their maximum amount of time to payoff is 50 months. I was hoping for like double that. I had to take the 50 months and now have to figure out how to make the payment every month. I'll figure it out somehow!
If you want a loan quick and quick approval, it's not going to be the cheapest loan on the block! I realized that when I applied and I was pleasantly surprised to get on the lower end of the interest rate. That was a nice surprise, as was the great customer service. Thanks Rise!
I found that the interest rate I hoped to get with Rise actually rose, but other than that it's gone pretty good. My credit is okay, so it looks like I got just an okay interest rate. I'll have to try to get my credit up a bit before I apply again next time.
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