Borrow what you need, when you need it with an online loan from RISE. We have an easy online application process and progress to better rates**. Plus, you can get cash in your account as soon as tomorrow and choose your own terms*. At RISE, we’re committed to helping you build a better financial future: We also offer free access to credit monitoring and financial wellness tools.
Online loans help hardworking Americans borrow money—fast. Going to the bank for a loan often means wasting hours (or even days!) waiting to be approved and receive funds. With an online loans, you can apply online and quickly receive an approval decision, often within minutes. You’ll also receive the money quickly. An online loan could be a good option for anyone who needs fast cash and can repay the loan with regular payments. Online loans can also help if you’re working on (re)building your credit.
Whatever you need! In most cases, people take out online loans when they’re struggling to cover unexpected expenses -- like car repairs or hospital bills -- or if they need extra money for a specific event, like a down payment on a car. Other people use online loans to pay off credit card balances or consolidate debt.
Both online lenders and traditional brick-and-mortar banks offer personal installment loans. After you apply and are approved, an installment loan allows you to borrow a fixed amount of money which is delivered in a lump sum. Then, you make regularly scheduled payments to repay the lump sum plus interest.
Although both options offer loans with similar structures, your experience as a borrower is quite different with an online lender than with a traditional lender. Here’s how it works at a typical local bank:
Things are much quicker and easier when you borrow from online loan companies. To get a loan online, here’s how it usually works:
After you’ve been fully approved, you can receive funds in your checking account as soon as tomorrow.*
For many people, online loans from RISE are a great way to get fast cash and start building a better tomorrow.
Here’s what makes RISE different:
Applying for an online loan from RISE is quick and easy. Just a few things are required to apply:
After you submit your online loan application, the results will be available in a matter of seconds. In some cases, we may need to ask for additional information or proof of income before your application can be approved. Once approved, you choose how much you want to borrow (based on your approval amount and state of residence). In the event we are unable to approve your application, we'll provide you a reason for denial.
When shopping for the best online loan, it’s a good idea to compare the interest rate, fees and annual percentage rates (APR). Some things to look out for are prepayment penalties and automatic rollovers. It’s also a good idea to check a loan's term and payment schedule beforehand.
If you’re considering an online loan, be sure to do your research.
Watch out for lenders advertising online loans for bad credit or loans with no credit check. These kinds of online loans may have higher interest rates and unusual terms and penalties.
RISE is in your corner with online loans that can be paid back over time. Our website application is fast and we can get you funds as soon as tomorrow.* Plus, you can choose your repayment schedule. See how RISE can deliver the cash you need today and help you build a better financial tomorrow.