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Rise Credit vs OppLoans: Subprime Installment Loans Compared

Ante Mazalin avatar image
Last updated 10/30/2025 by
Ante Mazalin
Edited by
Andrew Latham
Andrew Latham
Summary:
Rise Credit offers online installment loans designed for fair- and poor-credit borrowers who need fast access to cash. OppLoans (OppFi) also serves non-prime borrowers and emphasizes customer service and payroll-friendly repayment options. Choose Rise if you want a quick, fully online loan decision. Choose OppLoans if you value structured repayment and customer support.
Although both lenders target similar credit profiles, their pricing, eligibility criteria, and funding workflows can differ. Below is a side-by-side comparison to help you decide.

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Quick Comparison: Rise Credit vs OppLoans

FeatureRise CreditOppLoans
Loan Amounts$500 - $5,000$500 - $5,000
APR Range59.9% - 299%160% - 195%
Loan Terms4 months - 36 months9 months - 18 months
Minimum Credit Score500 - 700400 - 620
Origination Fees0% - 5%0%
Late Payment FeeN/A$0
Prepayment FeeNoNo
Checking Account RequiredYesYes
Pre-Qualified Soft Credit InquiryYesYes
SuperMoney User Scoremostly recommendedstrongly recommended

About Rise Credit

Rise Credit provides short- to mid-term installment loans online with quick funding for borrowers who may not qualify for traditional personal loans.
Key Features:
  • Fast online application and decision
  • Designed for fair- and poor-credit borrowers
  • Clear payment schedules with early payoff allowed
WEIGH THE RISKS AND BENEFITS
Here is a list of the benefits and drawbacks to consider.
Pros
  • Quick approvals and funding
  • Works with subprime credit profiles
  • Fixed payments; no prepayment penalty in most states
  • Fully online process
Cons
  • High APRs compared to prime personal loans
  • Loan amounts and terms can be limited by state
  • Fees may apply depending on location

About OppLoans

OppLoans (OppFi) offers installment loans aimed at non-prime borrowers, emphasizing customer support and paycheck-aligned repayment options.
Key Features:
  • Tailored to non-prime borrowers
  • Clear, amortizing installment structure
  • Online application with fast funding
WEIGH THE RISKS AND BENEFITS
Here is a list of the benefits and drawbacks to consider.
Pros
  • Considers more than just FICO
  • Fast decisions and funding
  • No prepayment penalty
  • Structured repayment support
Cons
  • High APRs vs. traditional personal loans
  • Origination/late fees may apply
  • Availability varies by state

Key Differences Between Rise Credit and OppLoans

  • Loan Amounts: Rise Credit offers $500 - $5,000, while OppLoans provides $500 - $5,000.
  • APR Ranges: Rise Credit APRs are 59.9% - 299%; OppLoans APRs are 160% - 195%.
  • Loan Terms: Rise Credit terms are 4 months - 36 months, compared with OppLoans’ 9 months - 18 months.
  • Fees: Rise origination fees are 0% - 5% vs OppLoans’ 0%; Both lenders do not charge late fees
  • User Scores: mostly recommended vs strongly recommended on SuperMoney reviews.

Eligibility & Application Process

Here’s how their borrower requirements compare:
RequirementRise CreditOppLoans
Minimum Age1818
Credit Score Range500 - 700400 - 620
Checking Account RequiredYesYes
Soft Credit Inquiry for PrequalificationYesYes

Customer Reviews & Reputation

  • Rise Credit: Rated mostly recommended. Borrowers appreciate speed and access, while noting high costs relative to bank loans.
  • OppLoans: Rated strongly recommended. Users highlight repayment support and service, but costs are still high vs. prime loans.

Which Lender Is Best for You

Choose Rise Credit if you want a fast, fully online installment loan and have limited options due to credit.
Choose OppLoans if you want structured repayment support and a customer-service-forward experience for non-prime credit.

Ready to Take the Next Step

For current APRs, fees, state availability, and borrower feedback, read the full reviews and compare offers:
Rise Credit personal loans review
OppLoans personal loans review
Or explore more comparisons:
Rise Credit vs NetCredit – Two online installment lenders for non-prime credit.
Rise Credit vs Balance Credit – Short-term installment loans compared.
Rise Credit vs Regional Finance – Online lending vs in-branch service.
Oportun vs OppLoans – Two non-prime lenders, different models.
Balance Credit vs CreditNinja – Similar subprime options side by side.
Browse all personal loan lenders — Filter by APRs, fees, loan amounts, and user ratings to find your best match.

Key Takeaways

  • Both serve non-prime borrowers: Rise 500 - 700 vs OppLoans 400 - 620 credit score range.
  • Rise Credit offers $500 - $5,000 with fast online funding; OppLoans offers $500 - $5,000 with structured repayment.
  • Expect higher APRs than bank personal loans (Rise Credit59.9% - 299% vs OppLoans 160% - 195%).
  • No prepayment penalties for early payoff in most cases.

FAQs

Does either lender charge a prepayment penalty?

No. and do not charge prepayment penalties.

Which is faster for funding?

Both can fund quickly; timelines depend on verification and banking cutoffs.

Will applying hurt my credit?

Both offer prequalification with a soft inquiry (see table) and use a hard inquiry if you proceed with a full application.

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