RISE is an online lender
RISE is anonline lender that specializes in unsecured installment loans for those who don’t have perfect credit. A RISE installment loan isn’t intended to be a fix-all for your long-term financial needs, but it could be a good option if you’re faced with an emergency expense and need to borrow money fast.
Common uses for a RISE loan include medical bills, auto and home repairs, and unexpected emergency expenses. In many cases, a RISE installment loan could be a better option than payday loansin Wisconsin.
RISE installment loans in Wisconsin
Like other unsecured installment loans, when you take out a RISE installment loan in Wisconsin, you agree to repay the money over time. Unlike with a secured loan, such as an auto title loan or pawn loan, you don’t need to put your personal property at risk.
You’ll know the terms of the loan, your payment amounts, and when you’ll pay off the loan up front. Additionally, RISE loans come with a five-day guarantee: if you take out a RISE loan and then change your mind, you can return the personal loan within five business days and won’t pay any fees.
While your personal loan terms can vary based on your individual situation, all RISE loans in Wisconsin feature the following:
Apply online and get funds in your account within one business day.*
- You could be approved for $300 to $5,000
- The loan will have a 60% to 299% interest rate.
- Prepay the loan at any time without paying any additional fees or interest.
Why RISE could be better than online payday loans in Wisconsin
If you have no credit or poor credit, you may be looking at a payday loan as a quick solution to financial troubles. While a payday loan might provide temporary relief, it might not be the best (or cheapest) option.
Some payday loan borrowers may find themselves taking out additional loans to pay off their original payday loan, and they could wind up repaying the debt for much longer than they anticipated.
How the Application Process Works
The application process is entirely online and takes just a few minutes to complete. Here’s how it works:
- Fill out the application form with your personal, financial, and employment details.
- Review the loan terms provided, including your repayment schedule and rates.
- If approved, review and accept the agreement.
- Once accepted, funds are typically deposited into your bank account by the next business day.*
RISE will also notify you via email once your loan has been processed.
Continue your financial education with RISE
In addition to offering loans, RISE creates and shares a variety of personal finance tools and resources. You can visit the financial wellness center, where you’ll find downloadable budget spreadsheets and educational videos.
You can also get free access to RISE’s Credit Score Plusprogram. After signing up, you can monitor one of your TransUnion credit scores for free. You’ll receive free credit monitoring as well.
To learn more about RISE, visit theFAQ and read about when RISE may be a good fit for your financial needs.
If you’re interested in learning more about RISE’s loans in Wisconsin, check out theWhat it Costs page and select Wisconsin from the dropdown menu.
Need Help with Your Loan or Have Questions?
If you have questions during or after the application, RISE offers several ways to get assistance. You can contact customer support by email or phone for help with your loan details, payment schedule, or technical issues. If you prefer written communication, email support is available through the site’s contact form.
RISE’s customer service team is trained to work with borrowers and can explain the loan process and requirements clearly.
Frequently Asked Questions
What do I need to qualify for a RISE personal loan in Wisconsin?
To qualify for a RISE loan in Wisconsin, you must be at least 18 years old, have a checking account and email address, provide a consistent income source, and be a Wisconsin resident. Loan approval depends on your financial profile and state-specific lending guidelines. Our secure online system makes applying fast and easy.
How are RISE loans different from payday loans in Wisconsin?
RISE loans in Wisconsin offer structured repayment plans with fixed payments and terms that extend beyond a single paycheck cycle. Unlike payday loans, which often demand full repayment quickly, RISE loans help borrowers spread out their payments and manage cash flow more sustainably.
Can I apply for a RISE loan anywhere in Wisconsin?
Absolutely. Whether you’re in Milwaukee, Madison, Green Bay, Eau Claire, or anywhere in the Badger State, you can apply online without needing to travel or wait in line. The RISE platform supports fast approvals and electronic fund transfers across the state.
When will I receive the cash if my Wisconsin loan is approved?
If your application is approved before 6 p.m. ET/5 p.m. CT, you may receive your loan funds by the next business day. Wisconsin borrowers can track their status and manage payments through their secure RISE account dashboard.
Can I repay my RISE loan early without penalties in Wisconsin?
Yes. RISE does not charge prepayment penalties. Wisconsin customers who pay early can save money on interest and complete their loan ahead of schedule without any fees.
What should I know about APR and interest rates on RISE loans in Wisconsin?
RISE installment loans in Wisconsin include a fixed interest rate and clearly disclosed APR ranging from 60% to 299%. All fees, terms, and repayment obligations are outlined in your Loan Agreement before you commit.
Are RISE loans affiliated with any federal programs in Wisconsin?
No. RISE loans in Wisconsin are offered through licensed non-bank lenders and are not tied to federal financial programs. They follow state lending laws and disclosure requirements.
Can I use a RISE loan for different purposes in Wisconsin?
Yes. From emergency medical care to auto repairs or family needs, Wisconsin residents can use RISE loans for many qualified personal purposes. Our goal is to help you navigate temporary financial gaps with a reliable solution.
How do installment loans differ from payday loans or lines of credit in Wisconsin?
Installment loans provide a lump sum with a fixed repayment schedule. Payday loans often require full repayment within days, while lines of credit offer revolving access to borrowed funds. Wisconsin borrowers often prefer installment loans for their structure, transparency, and longer repayment periods.
Will a RISE personal loan impact my credit in Wisconsin?
Yes. RISE reports to major credit bureaus. Making on-time payments can help improve your credit score. Wisconsin borrowers should avoid missed payments, as these may negatively affect credit history.
What happens if I miss a payment on my Wisconsin RISE loan?
If you think you’ll miss a payment, reach out to the RISE support team immediately. Wisconsin borrowers may qualify for alternative arrangements to avoid fees or further credit impacts. Communication is key to keeping your repayment plan on track.
