An installment loan could provide help during an emergency
If you’re looking for helping to pay for an emergency, perhaps a broken-down vehicle or an unexpected hospital bill, an online personal installment loan might be a good solution.
Personal loans are unsecured installment loans and are offered based on your creditworthiness and a promise to repay the money. You don’t have to risk your vehicle or possessions like you would with a title loan or pawn loan. You also could pay a lot less in fees or interest than you would with a typical cash advance or payday loan.
Many companies offer installment loans, including banks, credit unions, and online lenders. Before taking out a loan, you may want to compare the lenders’ loan amounts, loan terms, interest rate range, and fees.
What does RISE offer?
Lenders may focus on different types of borrowers, and some require good to excellent credit to qualify for a loan or have high minimum loan amounts. RISE offers installment loans in the state of Missouri that could be a good fit for those with less-than-perfect credit history, but still need a small- to medium-sized loan to pay for an emergency. We evaluate eligibility based on a range of factors.
RISE's installment loans have the following features:
- Loan amounts: You can borrow $300 to $5,000
- Interest rate: The interest rate will be 60% to 299%
- No prepayment fees
- 5-day, risk-free guarantee: If you change your mind and repay the loan within five business days, you won’t pay any fees.
Your credit, payment history, loan amount, and other factors can influence your loan’s term and interest rate. However, before you take out a RISE installment loan in Missouri, you’ll know exactly how much your payments will be and when your loan will be paid off. This transparency makes RISE a suitable option for borrowers looking to rebuild their credit history while managing urgent financial needs.
Plus, RISE's Missouri installment loans can be a quick and easy solution:
- Apply onlineand find out if you’re approved in minutes.
- See your maximum loan amount and terms.
- Choose how much you want to borrow.
- Get money deposited in your account within one business day.*
What about storefront or online payday loans in Missouri?
Apayday loancould also be an option if you need money quickly to address an urgent financial need. However, payday loans can be expensive. For payday loans in Missouri:
- You can borrow $500 or less
Additionally, if payday loan borrowers renew or rollover their loan, they are required to pay a 5% reduction of the original principal amount. Payday loans in Missouri can be rolled over six times, which could leave borrowers in debt for much longer than the loan’s original term and paying much more than they may have originally anticipated.
How to Complete the Application for Online Loans
Applying for a RISE installment loan is simple. Here's how:
- Fill out the online application form with your personal, employment, and banking information
- Check your eligibility and see your loan terms instantly
- Review your loan offer and choose how much you'd like to borrow
- Sign your agreement electronically and receive direct deposit of funds to your bank account, usually by the next business day
Our online loans process is designed to be fast, secure, and easy to navigate from the comfort of your home.
RISE also offers financial education and support
Even if you don’t take out a loan with RISE, you can access our free financial resources to learn about healthy money managementpractices and credit.
You can also sign up for Credit Score Plus, a free program that gives you access to a TransUnion credit score along with complimentary TransUnion credit monitoring.
** You can read more about payday loans in Missouri on the Missouri Division of Finance’s websitehttps://finance.mo.gov/consumercredit/paydaylenders.php
Frequently Asked Questions
What do I need to qualify for a RISE personal loan in Missouri?
To qualify for a personal loan with RISE Credit in Missouri, a borrower must be at least 18 years old, have a valid checking account and email address, provide proof of steady income, and reside in Missouri. Eligibility is based on your financial profile, including income and outstanding obligations. Our online application process helps Missouri borrowers apply quickly and securely from anywhere in the state.
How are RISE loans different from payday loans in Missouri?
RISE loans are structured installment loans, not payday loans. Missouri borrowers benefit from fixed monthly payments, longer loan terms, and clear repayment schedules—unlike payday loans that require full payment on your next paycheck. RISE offers a responsible alternative to high-pressure payday lending, giving Missourians more control over their budget.
Can I apply for a RISE loan anywhere in Missouri?
Yes! Whether you're in St. Louis, Kansas City, Columbia, Springfield, or any part of the Show-Me State, you can apply for a RISE personal loan online. There’s no need to visit a storefront—Missouri residents can complete the entire process from home, including application, decision, and funding.
When will I receive the cash if my Missouri loan is approved?
Most Missouri borrowers who complete their application and obtain approval before 6 p.m. ET/5 p.m. CT may receive their funds by the next business day , pending bank processing times. You can monitor your loan status and funding progress through your secure online RISE account.
Can I repay my RISE loan early without penalties in Missouri?
Yes! RISE encourages early repayment and does not charge any penalties for doing so. Missouri borrowers who pay early can reduce their overall interest and stay on track with their financial goals.
What should I know about APR and interest rates on RISE loans in Missouri?
Each RISE personal loan in Missouri includes a clearly stated Annual Percentage Rate and fixed interest rate. Interest Rates range from 60% to 299%, depending on your application and creditworthiness. You’ll receive full details on interest charges, fees, and your total repayment amount in your Loan Agreement before signing.
Are RISE loans affiliated with any federal programs in Missouri?
No. RISE personal loans in Missouri are issued by licensed lenders and are not part of any federal financial assistance programs. All loans comply with Missouri lending laws and consumer protection standards.
Can I use a RISE loan for different purposes in Missouri?
Yes. Missouri residents can use RISE loans for a wide range of personal expenses—medical bills, car repairs, moving costs, or other unexpected needs. Our flexible loan options help borrowers manage unplanned costs responsibly.
How do installment loans differ from payday loans or lines of credit in Missouri?
Installment loans provide a set amount of money upfront, repaid through scheduled monthly payments over a defined term. In contrast, payday loans typically require full repayment within days, and lines of credit allow repeated borrowing. RISE installment loans in Missouri help borrowers budget with predictability and avoid debt cycles.
Will a RISE personal loan impact my credit in Missouri?
Yes. RISE reports to major credit bureaus. Making on-time payments can help Missouri borrowers build or improve their credit profile, while late payments could have a negative impact. Responsible repayment is key to maintaining good credit health.
What happens if I miss a payment on my Missouri RISE loan?
If you expect to miss a payment, contact RISE immediately. Missouri borrowers may be able to discuss alternative payment options. Missed payments can result in credit damage or a disrupted repayment plan, but our support team is here to help when financial challenges arise.
