CLEARBORROW · PUBLISHED NOVEMBER 12, 2026

RISE Credit review: APR, terms and the 5-day guarantee

By Petrov Andriy, founder and editor · AI-assisted desk research

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RISE offers online installment loans up to $5,000, mostly $300–$500 minimum, at APRs from about 60% to 299% depending on the state — 99% to 199% in most states, and 59.8% in Georgia for $3,100 and up. It charges no application or prepayment fees and lets you return the principal within five business days at no cost. It is expensive credit; compare a credit union or a 36%-APR lender first.

Independent review. RISE is not a ClearBorrow partner and we earn nothing from it. Facts come from RISE’s own published pages, checked November 12, 2026; we did not apply for a loan. Terms differ by state.

On this page

Published terms
What it costs
The 5-day guarantee
Strengths and weaknesses
Alternatives to compare first
Questions
Sources and limits

Published terms

	RISE
Amounts	$500–$5,000 nationally; $300 minimum in some states, $3,100 in Georgia
APR	About 60%–299% overall; 99%–199% in most states; 99%–299% in some
Fees	No application fee or prepayment penalty
Guarantee	Return the principal within 5 business days and pay nothing
Lenders	In Texas, loans made through FinWise Bank and Quill Bank
Credit reporting	Reports to TransUnion and Experian

Sources: RISE ↗, emergency loans page ↗, Georgia ↗, Dallas page ↗.

What it costs

Our example	Monthly payment	Total repaid	Interest
$2,000 at 100% APR, 12 months	$269.99	$3,239.90	$1,239.90
$2,000 at 200% APR, 12 months	$395.54	$4,746.46	$2,746.46

Our arithmetic at rates inside RISE’s published ranges, assuming monthly payments; your schedule may be bi-weekly.

The 5-day guarantee

If you take a RISE loan and change your mind, you can return the full principal within five business days of origination and owe no interest or fees (RISE ↗). Use it if a cheaper option comes through after you borrow.

Strengths and weaknesses

Strengths	Weaknesses
Fixed installment schedule and payoff date	APR can reach 299% in some states
No application or prepayment fees	Maximum $5,000
5-day no-cost return	Not available in every state

Alternatives to compare first

Credit union PALs (28% APR cap).
Oportun (up to 35.99% APR plus fee).
OppLoans (99%–195% APR) if you are comparing high-cost lenders.

Questions

Is RISE a payday loan?

No. RISE describes its loans as installment loans with a fixed payment schedule rather than one payment on payday.

Does checking my rate hurt my credit?

RISE says checking eligibility uses a soft pull and does not affect your FICO score.

Can I borrow less than I am approved for?

Yes, RISE says you can accept a smaller amount than offered — a good way to cut interest.

Sources and limits

Sources checked November 12, 2026. Lenders change rates, amounts and state coverage; confirm on the lender’s own rates page for your state before applying. Worked examples are our own arithmetic unless marked as the lender’s published example. How we use sources.