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RISE OFFERS LOANS IN CALIFORNIA TO FORMER CUSTOMERS

If you are a former RISE customer in Los Angeles, San Francisco, or anywhere in California, a RISE online installment loan could get you $2,600 to $5,000 in your account as soon as tomorrow *.  

Loans in California are only available to former RISE customers on a limited basis.

Borrow $2,600 to $5,000 with California loans from RISE

In California, RISE offers installment loans on a limited basis to former customers with the following features:

  • You can borrow $2,600 to $5,000
  • Repay the loan over 12 to 23 months
  • Your interest rate will be 36%
  • A five-day risk-free guarantee lets you return the principal balance within five business days from the date of origination without paying any interest or fees.
  • No application or pre-payment penalties

 

Different ways to get money when you’re in a pinch

While those who don’t have great credit may have fewer options to choose from during an emergency, California cash loans can come from a variety of sources.

 

Here’s an overview of several credit options, along with a few pros and cons to each:

  • Credit cards - A credit card may be a good option at times, but you can’t always pay bills using your credit card. Also, your credit limit may not be high enough to meet your needs. Once you do have credit card debt, you may wind up revolving the debt for years unless you create a plan for paying off the balance.
  •  Credit card cash advance - You can quickly take out cash with your credit card, but you may have to pay a cash advance fee and interest on the balance. You also may have a cash advance limit that’s equal to or lower than your card’s credit limit.
  • Title loan - It can be easy to get a title loan, and you may be able to quickly borrow a lot of money. But your vehicle’s value can determine how much you can borrow, and your vehicle will secure the loan. If you can’t afford your loan payments, the lender may be able to take your vehicle.
  • Payday loans - A payday loan can get you quick cash without a credit check, but in California payday loans are limited to a maximum loan amount of just $300.
  • Installment loans - Installment loans let you borrow money with a predetermined periodic payment. You’ll know when you’ll pay off the debt, and how much you’ll pay overall. However, installment loans may not have a low interest rate, and some loans could have a prepayment penalty.

 

Credit cards and credit card cash advances may charge the lowest interest among the options for low-credit borrowers. However, you may not have a high enough credit limit to meet your needs, or you might not want to be stuck paying off a revolving credit line.

 

Pawn shop loans are another borrowing option. However, pawn shop loans tend to be expensive and you risk losing your items.

 

You also might be able to borrow money from friends or family, although that can strain relationships.

 

Why an installment loan?

Unsecured installment loans, also called personal loans, could be less expensive than other options. Plus, you also don’t have to put up collateral like you would with a pawn shop or title loan.

 

RISE California installment loans allow former customers, on a limited basis, from San Diego to San Jose, and every city in between, to borrow $2,600 to $5,000 and have an interest rate of 36%. There’s no fee to apply and see what rate you’ll receive, and there’s no pre-payment penalty for paying the loan off ahead of schedule.

 

RISE also has helpful personal finance tools and resources

 

While lending is the core of our business at RISE, it’s not the only thing we offer.

We’ve also created and are consistently expanding a library of financial wellness resources and tools. You can learn about credit scores and reporting, find tips for saving money, or check the personal finance glossary to look up a straightforward explanation of financial terms and acronyms.

RISE also reports your payment history to two major credit bureaus and making on-time payments could help you build a good credit history. Since your credit scores depend entirely on what’s in your credit reports, adding positive information to your reports could help improve your scores as well.

As a RISE customer, you can watch your progress with Credit Score Plus, a free app that you can use to track one of your TransUnion credit scores. You’ll also receive alerts from TransUnion when new information gets added to your credit report.

 

 

Notice to California Customers:  In California loans are made or arranged pursuant to The Department of Financial Protection and Innovation, formally known as The Department of Business Oversight. California Finance Lenders Law License (No. 603 J998).  RISE makes loans via the internet from its location at 4150 International Plaza, Suite 300, Fort Worth, TX 76109