RISE CASH LOANS

What is a cash loan?

 

A cash loan is a short-term personal installment loan you can use to cover an unexpected expense or emergency. Installment loans have a fixed interest rate and a pre-determined length, anywhere from a few months to a few years. You’ll receive the money in one lump sum then pay it back with regularly scheduled payments.

 

How much can you borrow with a cash loan?

It depends on the lender, but generally amounts range from a few hundred to several thousand dollars. At RISE, our loan approval amounts range from $500 to $5,000, depending on your state.

 

What can you use cash loans for?

Whatever you need! Many people use cash loans to cover an unexpected expense, like a medical bill. Others use them to consolidation their debt into one payment, cover the down payment on a car, or pay for home repairs.

 

How do you get a cash loan?

You can apply for a cash loan from an online lender or traditional brick-and-mortar bank or credit union. Some lenders will check your credit. With online lenders, applications and approval decisions tend to be quicker and involve less paperwork. If you’re approved, you’ll receive the loan amount in one lump sum, usually by wire transfer or check.

 

Who should consider cash loans?

There are several ways to get cash fast. A cash loan could be a good fit for you if you need to borrow a larger amount. Cash loans are also a good option if you need more than a few weeks to pay the loan back, and prefer to make regular, steady payments.

 

If you need cash now, how quickly can you get a cash loan from RISE?

At RISE, you can get cash in your account as soon as tomorrow.* Applications processed and approved before 6pm ET are typically funded electronically the next business day.

 

How long does it take to complete an application for a RISE loan?

Our online application is quick and easy—it takes just a few minutes to complete. And once you submit the application, the results are available in a matter of seconds.

 

What makes RISE loans different?

For many people, cash loans from RISE are a great way to get funds quickly and start building a better tomorrow. Here’s what makes RISE different:

  • Choose your terms: Use our Design Your Loan feature to choose payment dates that are convenient for you.
  • Build credit: We report your loan payment history to one or more credit bureaus, which means making on-time payments will help build your credit. Plus, we’ll give you instant access to your credit score plus free credit alerts and financial education tools to help you build better money habits and improve your financial future.
  • Save money: RISE wants to help you get out of debt as soon as possible. But if another emergency comes up and you need to borrow more, you may see a 50% drop in interest rate on future loans if you’ve been making on-time payments for at least 24 months.**

 

What if I change my mind about a RISE cash loan?

RISE has a 5-Day Risk-Free Guarantee. You have five business days from your origination date to change your mind. If you decide that the funds are not right for you, simply call the toll-free customer service number at (866) 580-1226, repay the principal within the five business day period and there will be no finance charges or fees assessed on the loan.