In some states, most lenders charge the maximum they are legally allowed. RISE offers loans that are similar to payday loans cashies personal loans with longer terms and lower costs. Its installment loans cost significantly less than installment loans cashies personal loans through payday lenders.
RISE operates in 17 states, and the maximum amount it lends, as well as rates and terms, vary from state to state. APRs range from 36 to 299, which is high, but most payday loan APRs hover around the 500 range. The most expensive loan from RISE costs around 12 per 100 you borrow, which is on par with the lowest cost for a regular payday loan.
In addition to low costs relative to payday loans, RISE offers advantages to repeat customers. If you show a history of reliably making payments, any future loans you take out will have lower APRs.
Persons facing serious financial difficulties should consider other alternatives or should seek out professional financial advice. This website is not an offer to lend. WhiteRockLoans. com is not a lender and does not make loan or credit decisions.
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