Rise Credit puts $500 to $5,000 in your bank account as soon as the next business day. Simple online application, fixed monthly payments, and a 5-day risk-free guarantee — so you can borrow with confidence.
Soft pull only — won't affect your credit score
Checking your rate won't affect your FICO® score
Everything we wish someone had told us before applying to a subprime installment lender — distilled into six essentials.
Loan sizes run from $500 up to $5,000. State rules change the minimums — for example, Georgia residents have to start at $3,100 or higher.
Choose a term anywhere from 4 to 36 months. Payments stay the same each month, and there's no fee if you decide to pay it off early.
Submit your application online — if you're approved before 6 PM ET on a weekday, the money usually lands in your bank account by the next morning.
Your monthly payments are sent to Experian and TransUnion. Stay on schedule and your FICO score has a real shot at climbing over time.
Get cold feet? You have 5 business days after funding to return the money — no interest, no fees, no questions asked.
Borrowers get free access to Credit Score Plus — your latest score plus alerts whenever your credit report changes.
Our editorial team has spent 200+ hours independently researching Rise Credit, comparing it against 12 competitor lenders, and analyzing borrower outcomes from the CFPB complaint database and Trustpilot reviews.
Editor-in-Chief, Personal Finance
12+ years writing about consumer lending · Former finance editor at a national news outlet · Reviewed 80+ personal loan products
"Rise Credit fills a real gap for borrowers locked out of mainstream banks. The 5-day risk-free guarantee and free credit monitoring are genuinely useful features. That said, the APR is steep — I only recommend it after exhausting credit-union and employer-advance options."
Senior Loan Industry Analyst
Former community bank loan officer · 9 years analyzing subprime lending products · Specializes in installment vs payday loan comparisons
"For someone with a 550 FICO needing $2,000 fast, Rise's installment structure is significantly safer than a payday loan — you get fixed payments and credit-bureau reporting, not a 14-day balloon. The pricing reflects the risk profile, but the structure protects borrowers from the worst payday-loan traps."
Consumer Credit Researcher
Personal finance journalist since 2014 · Published in three regional news outlets · Tracks 40+ subprime lenders for our annual review
"Rise Credit's transparency is above-average for the subprime space — no prepayment penalty, clear state-by-state rate disclosures, and a real 5-day rescission window. The high APR will scare off most borrowers, but for true emergencies, it's a legitimate option that beats overdraft fees and predatory payday loans."
Methodology note: The themes below are qualitative patterns our editorial team identified from a sample of publicly available reviews across Trustpilot, BBB, and consumer forums between January and June 2026. Percentage shares are editorial estimates from our sample — not statistical Trustpilot data. For current verified ratings and individual reviews, visit the official sources linked.
Editorial independence: RiseCreditApp.com may earn affiliate commissions when you click certain links — but this never influences which lenders we recommend or how we rate them. Every score reflects our team's honest analysis. Read our review methodology →
Rise Credit is a legitimate, licensed lender. It's owned by Elevate Credit, Inc. (formerly NYSE: ELVT, delisted 2022 and now privately held), a fintech company based in Fort Worth, Texas. Loans have been originated by FinWise Bank or Capital Community Bank (both FDIC-insured) in some states, and directly by Rise in others. Bank-partner arrangements vary by state and change periodically — confirm the specific bank partner for your state in Rise Credit's current disclosure documents before signing. The company has been operating since 2013, is listed on the BBB (current rating subject to change — verify at BBB.org), and reports payments to TransUnion and Experian. While the APR is high, the business itself is transparent and regulated.
If you complete your application and submit verification documents before 6:00 PM ET on a business day and are approved, funds are typically deposited into your bank account by the next business day. Some banks may process the ACH transfer faster (same-day). Weekend applications fund on the next business day. There is no same-day funding option — that's a notable weakness compared to some competitors like OppLoans.
Rise Credit does not publish a strict minimum FICO score, but our research shows approvals as low as 500. The primary factors they evaluate are: (1) steady income of at least $800/month, (2) an active checking account in good standing, and (3) US citizenship or permanent residency. They also look at your overall debt-to-income ratio and recent banking history. A higher score won't necessarily get you a much lower APR — Rise's pricing is more about the state you live in than your exact credit score.
As of June 2026, Rise Credit is available in approximately 30 US states, including: Alabama, Alaska, Arizona, California, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Louisiana, Michigan, Minnesota, Mississippi, Missouri, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, and Wisconsin. It is not available in New York, Connecticut, Massachusetts, West Virginia, Vermont, or several other states with stricter usury caps. See full state list with rates →
Rise Credit is structured as an installment loan, not a payday loan — and that difference is important. With Rise, you borrow $500-$5,000 and repay it over 4 to 36 months in fixed monthly or bi-weekly payments. A payday loan typically requires you to repay the full amount, plus fees, on your next payday (usually 14 days). Rise also reports payments to credit bureaus, which can help build credit — payday lenders generally do not report. The APR on Rise is high (60-299%) but lower than the equivalent APR on most two-week payday loans (which can exceed 400%).
Checking your rate uses a soft credit pull, which does not affect your credit score. You can see what loan amount and APR you'd qualify for without any impact. If you decide to proceed with the loan, Rise will then perform a hard inquiry, which can temporarily lower your score by a few points. On the positive side, Rise reports your monthly payments to TransUnion and Experian — so making on-time payments can improve your score over time, and free credit monitoring is included.
The Rise Credit process is built to be straightforward. Here's exactly what to expect from start to finish.
Spend a few minutes filling in the online form with your basic info. Rise runs a soft credit pull at this stage — meaning your score stays exactly where it is until you actually accept an offer.
Once you're pre-qualified, you'll see real offers with the loan amount, monthly payment, and total cost laid out clearly. Choose the term length that works with your monthly budget — options depend on where you live.
Sign electronically and submit any final verification documents. Approve before 6 PM ET on a weekday and the cash typically arrives in your checking account by the following business morning.
Rise Credit personal loans give you access to $500 to $5,000 in unsecured funding for almost any purpose — debt consolidation, home repairs, medical bills, or unexpected emergencies. Unlike traditional bank loans, Rise Credit accepts borrowers with credit scores as low as 500 and provides fast funding without requiring collateral.
When emergency strikes — car broke down, medical bill due, or unexpected expense — Rise Credit's cash advance loans put money in your bank account as soon as the next business day. Apply online in minutes and get a decision quickly. Approved applications submitted before 6 PM ET typically fund the following business day.
Rise Credit short-term loans offer flexible repayment over 4 to 36 months, giving you a clear payoff schedule with fixed monthly payments. Unlike payday loans that demand full repayment from your next paycheck, Rise's installment structure spreads the cost out so you can manage your budget without surprises.
Rise Credit was built as a smarter alternative to traditional payday loans. While payday loans typically demand full repayment in two weeks at sky-high APRs and trap borrowers in a debt cycle, Rise offers installment loans you can repay gradually. You also build credit history along the way — something payday lenders typically don't offer.
Have a credit score below 600? Rise Credit specializes in helping borrowers with bad or fair credit access the funds they need. There's no minimum credit score requirement — Rise evaluates your income, banking history, and alternative credit data alongside your traditional score. Borrowers with scores as low as 500 have been approved.
A direct comparison of Rise Credit against five popular bad-credit lenders. Updated June 2026. Tap any column header to learn more.
| Lender | Loan Amount | APR Range | Funding Speed | Min Credit | Best For | Our Rating | Apply |
|---|---|---|---|---|---|---|---|
|
Rise Credit
★ Featured
|
$500 – $5,000 | 60% – 299% | Next business day | 500 | Bad credit, fast funding |
★★★★★
|
Apply → |
|
OppLoans
Direct Lender
|
$500 – $4,000 | 59% – 199% | Same-day possible | None listed | Same-day funding |
★★★★★
|
Compare → |
|
MoneyLion
Cash Advance App
|
Up to $1,000 | 0% APR (fees apply) | Instant (fee) | No credit check | Small cash advances |
★★★★★
|
Details → |
|
Brigit
Subscription App
|
Up to $250 | 0% APR ($9.99/mo) | Instant (fee) | No credit check | Small payday advance |
★★★★★
|
Details → |
|
CashUSA
Lender Network
|
$500 – $10,000 | 5.99% – 35.99% + | Next day | 580+ | Comparing multiple offers |
★★★★★
|
Details → |
|
PersonalLoans.com
Lender Network
|
$1,000 – $35,000 | 5.99% – 35.99% + | 1–7 days | 580+ | Larger loan amounts |
★★★★★
|
Details → |
APR & terms shown are publicly advertised ranges as of June 2026. Your actual rate depends on your credit profile, state of residence, and the lender's underwriting decision. Funding speeds reflect typical processing times after approval — not guaranteed delivery. Network brokers (CashUSA, PersonalLoans.com) match you with partner lenders whose individual rates may exceed the network's advertised range.
Rise Credit charges high rates. These alternatives may cost you less.
Similar to Rise Credit but with a lower maximum APR. Reports to all 3 bureaus. Best for borrowers who can't qualify elsewhere.
Much lower rates. Membership required. If credit-building is your main goal, MoneyLion is a smarter long-term play.