4.4 of 5stars128 Reviews

RISE

  • Recommended Lender
    Recommended 87%
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Lender Summary

For the millions of working Americans who have limited access to lower-cost credit products, RISE is a smarter borrowing option. RISE is a state-licensed online installment loan offering a flexible payment schedule and the ability to pay off the loan early with no prepayment penalties or fees. Customers pay for only the number of days they keep the loan.  In addition, RISE provides a 5-day risk-free guarantee that allows customers to pay back only the principal with no interest if they decide the loan isn’t right for them.  With features like fast approval, credit bureau reporting, free credit score monitoring, financial wellness tools, and flexible loan terms, RISE is more than just a loan – it’s a path toward a brighter financial future. In AK, AZ, District of Columbia, FL, HI, IN, KY, LA, MI, MN, MT, NE, NV, OH, OK, OR, SD, WA and WY, Installment loans are originated by FinWise Bank, a Utah charted bank, located in Murray, UT, Member FDIC.

What they're saying

Ratings & Reviews
128 Reviews
  • Interest Rates
    Excellent
  • Fees & Closing Costs
    Good
  • Responsiveness
    Excellent
  • Customer Service
    Excellent

Review Breakdown

Showing 3 star reviews | Show all reviews

Interest Rate Is Usurious

The loan process is extremely easy and convenient. The funds were deposited precisely when Rise said. My one complaint is the 241% interest rate. The cost of borrowing $2500 is going to be $9754. The interest rate is illegal in most states but here in South Carolina it is legal. If I had not been so desperate to help a friend in dire circumstances I would never have taken out this loan. If you have ANY other option, use it.

We're sorry to hear of your dissatisfaction with your RISE Credit loan. RISE is designed to provide you with funds at the best possible price if other forms of credit are not available or are more expensive. RISE fully discloses all interest and fees associated with your RISE Credit loan prior to signing the loan agreement. We also provide a five-business day rescission policy in the event that you decide RISE is not for you. We also advise you to pay your loan in full as quickly as possible to save on the interest. Thank you, RISE Credit
  • Closed with Lender:

    Yes
  • Loan Type:

    Personal Loan
  • Review Type:

    Lender Review

It was a simple loan process

I was pleased with easy application process and quick timing to complete. But the fees and rates are horrible.

We're sorry to hear of your dissatisfaction with your RISE Credit loan. RISE is designed to provide you with funds at the best possible price if other forms of credit are not available or are more expensive. RISE fully discloses all interest and fees associated with your RISE Credit loan prior to signing the loan agreement. We also provide a five-business day rescission policy in the event that you decide RISE is not for you. We also advise you to pay your loan in full as quickly as possible to save on the interest. Please contact us so that we may better assist you. Thank you, RISE Credit
  • Closed with Lender:

    Yes
  • Loan Type:

    Personal Loan
  • Review Type:

    Lender Review

Getting approved

This company is good to start off with gettin a loan. Your approval is generally 90-100%. The only downside is the APR. It's really high. I'm am glad that they did provide me with a loan.

Thank you very much for sharing your experience with RISE. We are happy that you had a pleasant experience. Please keep in mind that you are able to pay your loan off at time to be able to save on the remaining interest. You will only pay for the interest that has accrued up to the point of payoff. Please do not hesitate to let us know if there is anything further that we may be able to assist you with. Sincerely, RISE Credit.
  • Closed with Lender:

    Yes
  • Loan Type:

    Personal Loan
  • Review Type:

    Lender Review
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LendingTree Certification:

The LendingTree Certification Program recognizes Lenders and Loan Officers with outstanding performance on the LendingTree Network, they are committed to providing exceptional customer service and are graduates of LendingTree University.

LendingTree Certification:

  • Certified Lender
    Certified Lenders have demonstrated their organizational commitment to employee development, at least 50% of their loan professionals have been certified while also providing exemplary service to LendingTree consumers.

Loan Officer Certifications:

  • Gold Leaf
    Gold Leaf is the cornerstone of the loan officer certification program and is designed to recognize loan officers committed to their own professional development while adhering to LendingTree best practices. Gold Leaf recipients know the fundamentals of LendingTree and online lending, they are equipped with the necessary skills to be best-in-class loan professionals.
  • Certified President's Club
    President’s Club is presented to an elite group of loan officers based on success levels in several areas including adherence to LendingTree best practices, commitment to professional development and dedication to customer excellence. Recipients have also met all Gold Leaf criteria.

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