RISE short term loans

Short term loans for hard-working Americans

RISE can help you with short term installment loans: Cash loans that you pay back with a fixed number of regular, equal payments.

Check out the key advantages of short term installment loans vs. other types of loans:

 Short term loans:

Available in amounts from a few hundred to several thousand dollars

• Longer-term loans are usually only available in larger amounts
• Payday loans are limited by how much you earn each paycheck, and auto title loans are limited by how much your car is worth

 Short term loan repayment terms:

A few months to a few years

• Longer-term loans take many years to pay off
• Payday loans usually need to be paid back when you get your next paycheck--often sooner than you’re able to repay the loan and fees

 Short term loan approval process:

Quick and easy

• Longer-term loans often require you to submit more detailed information and the process can take days or weeks
• Auto title loans require an appraisal of your car, which can slow things down

Short term loans online from RISE

RISE is in your corner with the money you need--as soon as tomorrow*.

Here’s how it works:

1. Apply online: After you provide some basic info, we’ll let you know if you’re approved in just seconds.
2. Choose your terms: Once approved for a certain amount, tell us how much you want to borrow (up to your approved amount). Our RISE loan amounts start as low as $500 depending on your state residence. Use our Choose Your Terms feature to choose payment dates that are convenient for you.
3. Receive funds: Applications processed and approved before 6pm ET are typically funded electronically the next business day.

RISE short term loans: A better way to borrow

At RISE, we help our customers with the cash they need today, and work with them to build a stronger financial tomorrow--that’s the RISE difference.

RISE is here to help you build your credit by giving 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.

When life throws you a curveball—like an unexpected medical bill or urgent car repair--a short term loan might be just what you need. RISE offers short term installment loans for financial emergencies, debt consolidation and more. With an easy online application process, 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.

FAQs for Short Term Loans

What is a short term personal loan?
A short term personal loan provides quick access to cash, typically repaid over a shorter period compared to traditional loans. RISE offers short term installment loans with flexible repayment options. These loans are ideal for addressing immediate financial needs, such as emergency expenses.

What are installment loans, and how do they work?
Installment loans are loans that are repaid over time in fixed, regular payments. Unlike payday loans, which require full repayment by your next paycheck, installment loans provide more manageable repayment terms, allowing borrowers to spread payments over months or even years. RISE short term installment loans offer this structure, making it easier to budget and repay over time, while providing flexibility in choosing loan amounts and terms.

How much can I borrow with a RISE short term personal loan?
The loan amount you can borrow with RISE depends on your state of residence and financial profile. While RISE offers loans up to $5,000, those are generally for longer terms and short-term loans typically have lower borrowing limits.

What are the interest rates for a short term loan?
Rates and terms are customized to each customer and their financial situation. Rates are based on the customer’s credit, income and loan repayment history, as well as a number of other factors. With RISE, you'll always know what you're paying. Our pricing is clear and upfront throughout the entire application process. Always compare rates and terms across lenders to ensure you are getting the best offer for your loan. Refer to Rates & Terms for additional details.

What is the loan term for a short term personal loan?
RISE short term loans offer flexible loan terms, typically ranging from a few months to a few years. RISE’s Choose Your Terms feature allows you to select a loan term that best fits your budget and repayment ability.

What is the difference between a payday loan and a short term installment loan?
Payday loans generally require full repayment by your next paycheck, making them difficult to manage. In contrast, RISE short term installment loans offer a longer repayment period with fixed monthly payments, making them easier to handle. This provides more flexibility and helps borrowers manage their finances effectively.

Does my credit history affect approval for a short term loan?
Yes, your credit history plays an important role in determining your loan approval and interest rates. While a higher credit score generally leads to better terms, RISE specializes in providing loan options for various credit profiles and offers tools to help you improve your credit score over time.

What loan options are available for short term loans with RISE Credit?
RISE offers short term installment loans, designed to meet different financial needs. Each loan comes with flexible repayment terms, and transparent pricing to help you manage short-term financial challenges.

How quickly can I receive funding for a short term loan?
If you elect to receive your funds by direct deposit, applications that are processed and approved before 6pm ET (Monday - Friday) will typically be funded the next business day (excluding weekends and holidays). If you elect to receive your funds by check in the mail, the check will typically be mailed within 2 business days. Applications received after 6pm ET (Monday - Friday) may require an additional business day to fund. Consult with your bank on when funds will be available.

How does RISE handle late fees for short term loans?
If you’re unable to make a payment, it’s important to contact RISE immediately. RISE will work with you to explore alternative solutions to avoid falling behind, but it’s crucial to stay on track with your repayment schedule.

What should I do if I want to cancel my loan?

If you want to cancel your loan, you can do so within our 5-Day Risk-Free Guarantee period. Simply call our customer support at (866) 580-1226 by 5pm ET on the fifth business day from the date you signed your loan agreement. You'll need to repay the principal amount, and you won’t be charged any fees or interest.