BENEFITS OF RISE

Rates That Go Down Over Time

RISE encourages you to get out of debt as soon as possible, however if you need additional credit you will see a 50% drop in your rate on future loans after making 24 months of scheduled payments (excluding customers with starting rates of less than 75%). Even better, after 12 additional months of payments, you will qualify for a 36% rate!**


Borrow on Your Own Terms

With RISE, you borrow what you need, when you need it. And our flexible payment scheduling lets you choose your own terms. You can even pay off your loan early with no extra fees. Now that’s flexible.

 State restrictions apply to payment schedule options.


5-Day Risk-Free Guarantee

Don’t worry, you can change your mind. You have five business days from the time you take your loan.

 If you decide that the loan isn’t right for you, simply call us, repay the principal and there will be no fees.

 


Free Credit Score Plus

Knowing where you want to go financially starts with knowing where you stand. Check your TransUnion® credit score and receive credit alerts for free, and start working toward a better financial you. 

 

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TAKE IT FROM US. BETTER YET, OUR CUSTOMERS.

WE BELIEVE EVERYONE DESERVES A FIGHTING CHANCE.

For millions of working Americans, RISE is a better way to borrow.

 

   

  

You’re not alone in this. Did you know 50% of Americans don’t have $2,000 saved for an emergency1? We’re here to help hard working people take the steps they need to get in control of their finances and keep making progress.

1 The National Bureau of Economic Research, “Financially Fragile Households: Evidence and Implications,” May 2011

We're not just here to lend money fast. We’re here because we believe in you.

 

 

  

For those without access to lower-cost credit products, RISE is a better way to borrow. We want to help our customers with the cash they need today, and work with them as they build a better financial future. That’s the RISE difference. 

Here are a few ways that RISE is different:

      1. We offer tools to help customers understand their credit and develop better money habits.
  1. We report payments to a major credit bureau, enabling customers to demonstrate positive financial behavior.
  2. With Credit Score Plus, we provide your credit score and credit alerts for free to help customers track their progress.
  3. We encourage you to get out of debt as soon as possible, however if you need additional credit you will see a 50% drop in your rate on future loans after making 24 months of scheduled payments (excluding customers with starting rate of less than 75%). Even better, after 12 additional months of payments, you will qualify for a 36% rate!**

Nobody can dramatically change their financial situation overnight, but RISE can help Americans look forward to a stronger financial future.

The truth about RISE

Honesty and being upfront is what we’re all about. That’s why we want you to know RISE is not the cheapest form of credit. However, RISE is often a better, more responsible alternative to more expensive options like overdraft fees, payday loans, late fees and utility reconnection fees.

  

 

The APR of RISE loans ranges from 36% to 365% depending on the customer's state of residence and approval rate. We encourage all customers to pay back their loan as soon as possible to lower the overall cost with no fees or penalties for early repayment. We even give everyone five days to change their mind about their loan at no cost.

We want to help our customers with the cash they need today, and work with them as they build a better financial future. How? We offer Free Credit Score Plus so our customers can know where they stand and provide smart savings and spending tips and tools. All to get borrowers back on track to lower priced credit. That may sound like common sense, but most other loan products don't work like that. Which means RISE isn’t just a smarter way to borrow. RISE is changing the way people can borrow money and get back on track.


2 Bankrate.com, "National credit card rates", http://www.bankrate.com/finance/credit-cards/rate-roundup.aspx. Fixed-rate credit card average APR is 13.02% as of April 23, 2015.

3 Discover.com, "How to Avoid Common Credit Card Fees," https://www.discover.com/credit-cards/resources/interest-and-aprs/credit-card-fees. Cash advance fees range from 21.99% to 24.99% or higher.

4 Typical Payday loan APR is 663.43%. This is based on Texas-originated loans with 14-day terms facilitated by Credit Service Organizations/Credit Access Businesses such as CashNet USA® ($550 is 664.30%), ChecknGo® ($500 is 661.75%) and Check Into Cash® ($500 is 664.25%) as of April 23, 2015.

5 The majority of debit card overdraft fees are incurred on transactions of $24 or less and are repaid within three days. Put in lending terms, if a consumer borrowed $24 for three days and paid the median overdraft fee of $34, such a loan would carry a 17,000 percent annual percentage rate (APR).  “CFPB Finds Small Debt Purchases Lead to Expensive Overdraft Charges”, http://www.consumerfinance.gov/newsroom/cfpb-finds-small-debit-purchases-lead-to-expensive-overdraft-charges.