RISE offers personal loans, but those loans are actually issued by FinWise Bank and Capital Community Bank, which are partners of RISE. Together, they provide personal loans of $500 - $5,000 with an APR range of 60% - 299% and repayment periods of up to 26 months depending on the state.
RISE Personal Loan Terms
Loan Amounts: $500 - $5,000
APRs: 60% - 299%
Repayment Periods: up to 26 months depending on the state
Your RISE approval odds are good if you have a low debt-to-income ratio and meet RISE’s requirements to get a loan. Some requirements include being at least 18 years old, having enough income to make monthly payments and having at least bad credit. If you meet all the requirements, your approval odds are high, but approval is never guaranteed.
Yes, RISE does offer small personal loans. RISE personal loans can be as small as $500, and you can use these loans for nearly anything as long as you have a good enough credit score to get approved (not disclosed but known to target bad credit).
Key Things to Know About RISE’s Small Personal Loans
Loan amounts: $500 - $5,000
APR range: 60% - 299%
Repayment period: up to 26 months depending on the state
Yes, RISE does have emergency loans, offering up to $5,000 as soon as 1 business day after you apply. To get an emergency loan from RISE, you must be at least 18 years old, have a bank account, have enough income to make the monthly payments, and meet the credit score requirement.
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