We are here for you. Please visit our Important Updates page for the latest information on payment options and resources.
- You are at least 18 years old (19 in AL and NE)
- You live in a state we service
- You have a job or regular source of income
- You have an active and valid checking account (savings and prepaid accounts not accepted)
- You have an email address to receive account information
The results will be available to you in a matter of seconds after you submit your application. 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.
If you received an offer from RISE in the mail, you need to complete our application. Simply hit “Apply Now” at the top of the page to get started!
Due to the changes in the Military Lending Act effective October 3, 2016, RISE is not available to applicants listed as Covered Borrowers in the Military Lending Act database, including qualifying active duty service members and their dependents as defined in 32 C.F.R. § 232 unless a loan product is offered that complies with this Act https://mla.dmdc.osd.mil/
Our loan approval amounts range from $500 to $5,000 - depending on the laws of your state. Returning customers may be eligible for an increased loan amount depending on their payment history and the affordability of the amount requested. See our How It Works page for more information.
The amount you are approved for is determined based on your state of residence, our assessment of what you can afford and your credit history. In several states we are not allowed by law to offer lower loan amounts. To understand the loans that we offer in your state please visit our How It Works page.
If we receive your application by 6pm ET and you are approved, we can electronically deposit your money into your account as early as the next business day (M-F excluding bank holidays). You can contact the ACH department of your bank to verify that the funds have been credited to your account. If you prefer, you can request a paper check. If a paper check is chosen please allow 7-10 days for delivery via the USPS. Applications received after 6pm ET are processed the next business day.
When you are approved, your first payment date and re-payment schedule are determined from your application information. At this time you cannot pick different payment dates other than what is presented on the Design Your Loan page. We do offer a 7-day payment extension for those times when you need a few extra days to make your payment.
This depends on our assessment of what you can afford, your application information and credit history and the loan amounts and terms offered in your state (see How It Works for more information on the terms in your state). It’s important to remember that RISE may not be the cheapest credit option and may not be the best option for you. To understand how our rates compare to other options check out the Why RISE page.
Keep in mind that RISE loans are not one size fits all and can vary based on your state and repayment term. What we can guarantee is that we'll do our part if you do your part. Making regular payments on your loan will be rewarded!
You have 5 business days from the date you signed your loan agreement to change your mind. If you decide that the loan isn’t right for you, simply call Customer Support at (866) 580-1226 and tell us that you no longer want the loan. You will repay the principal and will not be charged any fees or interest.
No, you must pay off your current loan before applying for a new one. If you are eligible for a refinance, the option is displayed when you sign in to your account.
Existing customers need to Sign In to their account to apply for a loan. You must wait 1-10 days (depending on the payment method) after paying off your previous loan before you can reapply. Once you are eligible to reapply, click on the ‘APPLY NOW’ button on your Account Overview page. For your convenience, simply review your information on file, answer a few questions and get your results.
For installment loans, depending on your state of residence, you will be able to select the number of payments based on your amount and pay frequency.
RISE accepts payments by ACH, debit card, and check.
Payment by ACH
For your convenience, if you have chosen to receive your money via electronic deposit (ACH debit), your payments will be electronically debited from your checking account.
Payment by Debit Card
Debit cards are accepted for one-time payments only. Debit card payments made by 10pm ET will be applied to your account the same day. Any debit card payments made after 10pm ET will be applied to your account the next day. To pay by debit card, please log in to My Account and select 'Make a Payment.'
Payment by Check
Please mail your check to one of the following addresses:
PO Box 679900
Dallas, TX 75267-9900
Overnight payments only:
Lockbox Number 679900
1200 E. Campbell Rd., Suite 108
Richardson, TX 75081
RISE does not have any pre-payment penalties, so we encourage you to pay off early and save!
Please contact Customer Support if you’re unable to make a payment by the due date. RISE offers payment extensions for those times when you need a few extra days. In most states, charges will continue to accrue on overdue amounts when you miss a payment.
If you want to revoke your ACH authorization please contact Customer Support and tell the agent you’d like to revoke your ACH debit authorization. The agent will make the necessary changes to your account and speak with you about alternative payment options available to you.
Applying for a loan refinance will not affect your FICO® credit score. Customers can become eligible to refinance their loan and get more money by making repeated timely payments of at least the minimum amount due. When you become eligible we will send you an email notification. Refinance eligibility is subject to RISE’s discretion. RISE may obtain information from Clarity, Teletrack or LexisNexis, which will be a hard inquiry and may affect your overall credit profile with these bureaus. Not all states are eligible for refinancing.
When you are approved for a refinance, you will receive a new loan, which will be used to pay off your current balance, and then we’ll send the remaining cash to you!
When you are approved for a refinance, you will qualify for at least the same amount of money that you were approved for on your previous loan application. Some customers may qualify for larger loans, subject to affordability. Refinance approval is based on your current application information.
You are getting a new loan, so your APR, loan schedule and payment amount may change from what it is today. You can review all of this information after you apply on the Design Your Loan page. The complete disclosure of APR, fees and payment terms will be provided in your new Loan Agreement.
Yes, this will be a new loan. In order to obtain the funds, you must sign a loan agreement for the new loan amount.
The inquiry on your credit report is the result of either an application you submitted and the loan was not accepted or a marketing campaign for a pre-screen offer. Both are a “soft inquiry” on your credit report and therefore does not affect your FICO® score.
Currently, the lender reports your account and payment history to Experian™ and TransUnion® monthly. They may also report to several specialty credit bureaus such as Clarity and Teletrack.
Once an application is submitted and the loan agreement is signed, the lender is unable to remove the hard inquiry from your credit report. The consumer credit reporting agencies control how long inquiries remain on your credit report. Additionally, they control how long any derogatory information remains on a credit report.
Once you accept and sign the credit agreement, it is the lender’s policy to report loan activity to the credit bureaus and report information accurately.
In preparation for marketing campaigns, a lender may pre-screen potential customers which means they evaluate their credit history so they can decide whether to offer them credit. The pre-screen process is a soft inquiry and therefore does not affect your FICO® score or VantageScore®.
You can choose to stop receiving “prescreened” offers of credit from us and other companies by calling TransUnion and Experian toll-free at 1-888-567-8688, Clarity toll-free at 1-866-390-3118, and Teletrack toll-free at 1-877-309-5226. You can also visit optoutprescreen.com. Please note this site asks for your social security number but you’re not required to provide it to continue through the opt out process.
To determine a potential borrower’s creditworthiness, the lender may check your credit with a credit reporting agency such as TransUnion®, Experian™, Clarity, and Teletrack.
Account and payment history information is pulled on the last calendar day of the month. Once pulled, that data is reviewed and then sent to the credit bureaus at the end of the following month (roughly 30 days later). While we provide accurate information to credit bureaus, the credit reporting agencies are responsible for how and when the information is reported on your credit report. The credit bureaus typically update their records within 5 calendar days, but timelines may vary depending on the specific credit reporting agency.
If you haven’t seen an update on your credit report after 60 days, please reach out to us or the credit reporting agency directly.
If you received an alert that we pulled your credit, you recently accepted and signed a credit agreement.
If you did not accept and sign an agreement with us in the last 60 days, please contact us immediately at 866-580-1226.
Due to the complexity of how credit scores are calculated, we’re unable to determine the exact impact making on-time payments on your account will have on your credit score. However, making on-time payments is one of the most important factors in building and maintaining good credit.
For questions about FICO® score, visit https://www.fico.com/en/products/fico-score
For questions about VantageScore®, visit https://vantagescore.com/
For new applicants, checking your rate will be a soft inquiry from TransUnion® and Clarity and will not affect your FICO® score. However, the lender may obtain information from Teletrack, which will be a hard inquiry and may affect your overall credit profile with this bureau.
If you proceed with an offer and accept a loan, then a hard inquiry that may affect your credit score will appear on your credit reports.
For returning customers, applying will not affect your FICO® score. However, the lender will obtain information from Clarity and Teletrack which will be a hard inquiry and may affect your overall credit profile with these bureaus.
The best place to learn more about credit inquiries including what they mean and how long they stay on your credit report is to visit the following page on TransUnion’s website:https://www.transunion.com/blog/credit-advice/the-difference-between-hard-and-soft-credit-inquiries
Sign In to your account and hover over “My Account” at the top of the page, then select “Account Settings”. This page allows you to edit your contact information and password. If you’ve forgotten your password, simply click “Forgot Password” on the Sign In page and enter your email address.
Sign In to your account and hover over “My Account” at the top of the page, then select “Account Settings”. This page allows you to update your messaging preferences. If you’ve forgotten your password, simply click “Forgot Password” on the Sign In page and enter your email address.
Credit Score Plus is a free service offered by RISE that provides any RISE account holder a view of their TransUnion® credit score. This service also includes credit alert notifications that can be viewed through your account. Visit our Credit Score Plus page to enroll and our Build Good Credit page to learn more about what a good credit score means for you.
The credit score is developed by TransUnion® from information in a consumer's credit report. It is calculated on a scale of 300 to 850. The TransUnion® score is calculated with an algorithm taking into account factors of an individual's credit such as on-time payment percentage, length of credit history, number of credit lines, and more. Like other scoring models, TransUnion® New Account simply uses a mathematical formula, plus the credit report, to assess how likely the customer is to pay their debts. By law, you can receive one free credit report every year from each of the three bureaus. Visit our Build Good Credit page to learn more about your credit and how to request your copies of your credit report.
When you receive notification of a TransUnion® credit alert, you are being informed of new information added to your credit report that may impact your credit score. Details of your alerts can be viewed on the Credit Score Plus page within My Account.
For the millions of working Americans who have limited access to lower-cost credit products, RISE is a smarter credit option. RISE is an installment loan offering a flexible payment schedule and rates that go down over time with successful payments. Also, our fees are prorated. This means that customers pay for only the number of days they keep the loan.
At RISE we believe everyone should have access to responsible credit that meets their needs and helps you reach a better financial you. We offer you loans at better prices, when you need us. We believe a brighter financial future starts with access to affordable credit. That's why we've committed to lowering our rates. So far we've dropped the rates of more than 150,000 customers! On-time payments deserve to be rewarded. Simple as that. We also encourage customers to pay back their loan as soon as possible so they pay less in the long run.
But a “better financial you” also means empowering you to make better-informed financial decisions. With tools like Credit Score Plus and the information on our Financial Wellness page, you can start building a brighter financial future… and one day, gain access to even more credit options.