Overhead view of a bridge over a river in Alabama
HELLO, ALABAMA

RISE installment loans are available in Alabama

RISE is an online lender that offers $2,250 to $5,000 installment loans to residents of Alabama. Rather than turning to more expensive short-term loans, a loan from RISE could help you pay for an emergency.

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Applying for a RISE Installment loan is easy and you can have your money in as little as one business day!*

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RISE installment loans versus payday loans in Alabama.

If you’re looking to quickly borrow money, you may be considering a payday loan or an online installment loan.

Consider the basic differences between RISE’s installment loans and what state laws allow storefront and online payday lenders to offer.

BenefitRISE LogoPayday Loans in Alabama
Loan amount$2,250 to $5,000Up to $500
Credit checkThere is a credit check and making on-time payments could improve your credit.Income or bank account check, but no credit check. Generally, repaying the loan won’t help you build credit.

Where payday loans may fall short

Payday loans in Alabama can be an especially expensive form of debt. Borrowers may not be able to come up with enough money to repay the loan by their next payday.

Alabama law allows borrowers to roll over their payday loan once.

Other short-term loan options

If you quickly need access to a small emergency loan, using a credit card, taking out a credit card cash advance, asking friends or family for help, seeing if your employer can advance part of your paycheck, or pawning might be less expensive than using a payday loan in Alabama.

There are pros and cons to every option, and you should consider your situation and all options before deciding.

An installment loan from RISE could help you during an emergency

A RISE installment loan in Alabama could be less expensive than other types of emergency loans. And if you need money for auto or home repairs, a medical emergency, or to cover necessary bills and expenses, RISE can transfer funds into your account within one business day.* RISE also offers longer loan terms, which can help lower your payments and make repaying the loan easier.

How RISE can help your credit

Taking out an installment loan from RISE and making on-time payments could also help improve your credit.

Unlike many payday lenders and some other installment loan lenders, RISE reports borrowers’ payments to two major credit reporting bureaus—Experian and TransUnion. As a result, your on-time payments could improve your credit history and increase your credit scores.

As a RISE customer, you can use Credit Score Plus to get free access to one of your TransUnion credit scores so you can monitor your progress. You’ll also receive free TransUnion credit report monitoring which can alert you to changes in your report that could be an indication of identity theft.

RISE is an online lender that offers $2,250 to $5,000 installment loans to residents of Alabama. Rather than turning to more expensive short-term loans, a loan from RISE could help you pay for an emergency.

APPLY NOW