RISE

Unless you have exhausted every possible option, stay away from Rise! You would be better off selling your soul. They give you the old line interest rates go down over time. Well no they don’t. They fail to say that interest rates will go down on future loans and then by a whopping 1%. They also say they report your payment history and when the loan is paid off to credit bureaus. They do not! When you call about reporting th we you say it is to their discretion if they report or not. Mind you, they are quick to do a hard hit to your report and they showing a loan for the full amount, but then never show timely payments or that the loan is paid so a creditor is under the assumption that the loan is still open. One word of advise NO!

have tried to pay off loan for 3 months but they c/​o problems; computer error, my bank erro/​refusal to process, and employee error. and they are still taking out 2 week interest withdrawal costing me an addition 700 $ every time i try to sign on they denied my password and had to reset after several tries they dont respond to emails with? or issues that you want address. they have 101 other scams like hold payments for days and run up interest so you still mhave a balance and they wont do electrinic transfer

Very incompetent business practices since every link sends you to basically a 403 message. No link works! It is 4:15 am in SCarolina right now, but still there is no 24 hr service like many of the others and all of their links go straight to an «oops» screen claiming maintenance… for over a dang month???
Don’t do business with them if you base it on the above concerns. However, if the high interest and the aforementioned comments don’t bother you, then it is an excellent way to get necessary funds in a very easy application process. They deposit the funds the next day also, at least with me they did. Also, when customer service is actually open, they are really nice. I just have big concerns about the above problems… a lot, so I hope things work out for you!!! Good luck on you loan.

Everywhere I move to I get junk mail from these losers. Stop killing the environment and preying on desperate people.

I was a real idiot. I should have gone to my local bank and tried for a loan there.
Because my credit isn’t great, I assumed (yes, I know all about that word) my bank wouldn’t give me a debt – consolidation loan. So, when I saw Rise advertised on TV, I thought it wouldn’t hurt to check them out. Having already tried several other loan places I’d seen advertised, I knew that most of them required high payments — one even charged interest-​only every month, and to pay off the premium, you had to pay above that. Anyway, being used to high interest rates because my credit isn’t in the 700’s, I accepted that, read all the information presented, didn’t see anything which raised bells, and applied — and was granted — a loan for $ 5K. Imagine my surprise Saturday when I got a notice saying a payment was coming due on July 1^st. I pretty much freaked out, because I was under the assumption that payment would only come due on the 16^th of each month and for an amount which was less than the bills I wanted to pay off.
I just got off the phone with the ever-​so-​lovely (gag) people at Rise. First, I had to wait for five minutes on hold; then I was given to a drone named Jenny. I told her my problem and that I couldn’t afford to make two payments a month. She informed me that payment followed your paychecks (in my case, support checks), and that she couldnt do anything to modify the loan. I wasn’t trying to get out of it, only trying to work something out where I could pay monthly. I didn’t even care if I paid them an even more exorbitant profit than they were already getting. When I asked her who I needed to speak to in order to modify the loan, she informed me (and «informed» is the right word — she was about as personable and welcoming as I imagine a case of jock itch must be for men) that NOBODY could modify the loan. I told her I was filing suit and hung up. Of course, now I can’t afford to file suit, even with the self-​help centers now available in the courts, nor would I know if I had any grounds. I think their rates must be just below what the law considers usurious, although I’m going to check on that.
The upshot is that I don’t remember reading anything aboutt that, and I also don’t remember seeing anything about twice-​monthly payments in the payment schedule. Otherwise, I never would have applied for a loan. The icing on the cake is that I can’t find anything other than the deposit notification in my email. I do believe I’m screwed. To make matters worse, I didn’t need the money — I was just trying to only have to keep track of one payment instead of many and save some money each month.
The upshot — or moral, if you wish — of this story is: DO NOT ASSUME ANYTHING AND TRY YOUR LOCAL BANK FIRST. Now I’m paying $ 350 a month more than I was paying when I was just paying my bills the old-​fashioned way — one at a time. The only consolation is that I have a terminal illness, and I’ll be dead long before the loan is paid off.
Stay away from these people and everyone like them. You will regret it if you don’t.

101 Better Business Bureau Complaints in the last 12 Months should tell you everything you need to know.
BEWARE.
RISE processes fraudulent loans and does NOTHING to correct their own mistakes. Over a month ago they funded a loan using my SSN, and I have now called and emailed daily without resolution. They tried to shrug it off (the fact that they funded a loan I didn’t ask for or approve, and reported this to Transunion) as something I should log with the FCC. As it turns out, the FCC does not step in and resolve fraudulent loans made by RISE. That is the responsibility of RISE. They are violating many laws, as usual, and do nothing but shrug and ask you to send emails to email addresses that are not monitored.
i have repeatedly asked this week for their attorney to contact me, no response.
How this company is still allowed to be in business is beyond me.

Yes, of course I knew the interest was INSANE. For my $ 2600 loan, this company got that back, plus $ 5000 in profit.
My issue is what they’ve done with me since then. First of all, they stopped reporting to the credit bureau (Transunion). I never missed a payment, and even paid off the loan one month early. But they stopped reporting to the bureau a good 5 months prior to my loan’s last payment. So I have this balance showing on my report that is that is just sitting there.
That doesn’t help me out at all. Showing the installment loan paid off in full would improve my credit score. Help it RISE, as they say in the ads.
Calls to RISE are unhelpful, as they simply me give me email addresses to use. Emails are then ignored.
Ironically, had I missed ANY payments or defaulted on the loan, RISE would be all over it in regards to reporting to the credit bureau EVERY MONTH.
Very shady ‘company’.

STAY AWAY!!! This is a predatory loan people. For a $ 2600 loan you will wind up paying back over $ 12,000 if you make the required bi-​weekly payments. The payments you make every 2 weeks are interest only payments and they are tacking on $ 10 a day in interest in between payments. DO NOT DO THIS LOAN, even if you’re desperate find another way because people who really need money to make their bills, etc obviously cannot afford to pay back 4 – 5 times the amount they borrowed in the first place. RIP OFF!!!

Great way to barrow money but if your not paying more then payment shown your not even covering interest, i borrowed last month and waiting for income tax to pay off loan !!! And thats the only way i would have borrowed it. Or i would be paying $ 600 a month EVERY month hell no!!!

Are you f#@king kidding me!!!
199.43% APR?
I don’t care how badly you need money; don’t do it. Safer to prostitute yourself on a street corner.
They obviously count on desperate people not reading the fine print or not understanding what they are reading. We are bombarded with offers from this raw sewage of a scam on a regular basis and toss it; everyone else should do the same.
Predators can only be that if they have prey.

I agree with Jason! They showed up on my boyfriend and my credit report, yet we didn’t even take a loan out! Identity theft for sure. I can’t even receive two of my credit reports because some of the secret questions to identify me had to do with a loan I never took out! If it turns out that someone took out a loan in my name illegally, I will be filing suit.

Stay away! They sent me a $ 2,600 loan with a 224.36% interest rate! Ha! Good thing I can smell scam from 50 miles away. read the small print.

This place is unethical and should not be allowed to continue doing business. They offer loans at just under 200 percent interest which is the unethical part when I pick up personal loans for 5.8 percent just on a signature. Then they compound the rate so you pay almost 300 percent. I’m not sure if they are delusional or just outright crooks. In my opinion.

What I want to know is how these people got my address!
I only recently just moved to this house, and my mail is still getting forwarded from the old address — none of it is being sent to the new one directly. And I just now got mail from them in the mailbox that is an OBVIOUS scam!
They are talking about «On my financial comeback they want me to know they are here to help»? What financial comeback would that be?! To be honest my credit isn’t the best, and I’ve only been paying the bills, I haven’t paid any of of my credit off yet!
Then they are talking about a $ 3500 loan I’m pre-​approved for… pay attention to small print and it says an APR of 199%, where this loan is to be paid in 38 bi-​weekly payments of $ 285.69!!! That totals a payback of $ 10,856.22!!!
These people are scammers. Insane prices, NO IDEA how they got my address! The info they sent me about «my financial comeback» is full of BS and they are just throwing out the bait and hoping someone who is making a financial comeback will bite, and sadly if they do this will PUT THEM RIGHT BACK IN TO DEBT!!!
To anyone who is actually making a financial comeback, DO NOT BELIEVE THESE PEOPLE! If your making a comeback that means you are probably making a little bit of profit for the first time in a long time in your life, in which case $ 285 every 2 weeks will be a big sum of money, and even if you pay it off that fast your spending nearly 3x as much!
You would be better off getting a recovery balance transfer credit card that usually has 18 – 24 months no APR, and yes you will have to make minimum payments, but minimum payments even on $ 10,000 balance won’t have as big MONTHLY charges as big as the BI WEEKLY charges this place gives you! And the monthly charge will go DIRECTLY in to paying your balance off, NOT in to paying off interest! Hell, even if you run out of time on your no APR plan, the APR the credit cards will charge is much less than the interest these guys charge!
AVOID AT ALL COSTS! AND IF ANYONE FINDS OUT HOW THEY GOT MY ADDRESS AND PERSONAL INFORMATION PLEASE SEND ME A MESSAGE AND LET ME KNO!

This is nothing more than a scam operation. The process is so simple that someone can very easily take out a loan in someone else’s name, provided they have the social security number and address. All other information can be completely false, and the money can be wired into a bank account in someone else’s name.
I speak from Experience, as I have been a victim of Identity Fraud through a fraudulent loan issued through this company.

Oh, heck no – DON’T DO IT!!!
If you are that desperate for a loan, see your local mafia for better interest rates. In order to get a loan for $ 2600, for example, you will have to sign an approval for them to withdraw $ 250 every two weeks from your checking account until you’ve paid $ 9000.

DON’T USE RISE for loans!!! They sound great, like they’re there to help you but the interest rates are crazy!!! And they deduct payments bi-​weekly so if you need a loan because you’re behind financially, you’ll really be screwed paying twice a month. Look for other places where the interest rates aren’t so high! I will NEVER again use RISE.

Probably the best way to handle one of their loans is to only use the funds that you really need, then make a big first payment to save on interest. Was approved for $ 3000 but only really needed about half of it, so I did just that and paid it off a few months quicker than if I had used all the funds.
Interest charges do get reduced with early payments, and both times I have spoken with customer service they have been helpful. If you are really in a money pinch they are worth a try.

If I could give this zero stars, I would. If I could give them a letter grade, it would be F — - — - — - !!! Why? Because they’re THIEVES! I made a $ 400 payment, thinking it would lower my balance, but it didn’t lower it at all. NOT ONE PENNY!!! Somehow or another, it disappeared. It posted, but the balance remained THE SAME!!! EFFING BULLSHITT!!! (Yes, that was misspelled purposely.) The founders and owners of this company are THIEVES!!! DO NOT BORROW FROM THEM unless you like being ripped off!!! The interest is CRIMINAL!!!

I received a letter from this company in the mail. Based on the literature and marketing I thought I would be dealing with a more socially responsible credit company until I read the fine print and checked the website. The gave an example of 75%. On their site, they mention you can choose a payment for up to a 5 year loan. The payments are Bi-​weekly which is either twice a week or twice a month depending on how you interpret it. Below you will find a quote from the company. I hope you are not doing business with them as they can only hurt you. This company is obviously predatory. Awful, people like this, I just can’t believe they are citizens of this country. Wait no, maybe I can and its time for me to leave. Good luck.
This company was formerly known as PAYDAY1
«First time RISE customers typically qualify for an installment loan of $ 100 to $ 1,000 (though higher amounts may be available in certain states). The APR range for loans with bi-​weekly payments is 358.85% to 299.16%. For example, a $ 700 loan in Idaho repaid in 14 bi-​weekly payments of $ 109.18 (last payment amount varies), including $ 828.59 of interest, has an APR of 329.07%.»