Rise Credit - Loan Refinance Review from Fort Worth, Texas
Refinanced a $2,500 loan with Rise.Not only did my monthly payment double,but when I made the payment of $ 487 all of it went to interest.I have borrowed $ 2,500 from Rise a few times.The payment was only $225/ month, and had no trouble paying it back.However, when I refinanced $ 2,500 they gave me the whole amount back, so I would be making payments longer and doubled my payment /month.Not to mention the 300% interest rate compound daily.I was told that the interest rate would go down over the course of the loan.I will definetly not use Rise credit again.It is a lie and deceptive.You will lose a lot of money to interest.
Review about: Rise Credit Loan Refinance.
Reason of review: Not as described.
Monetary Loss: $900.
Preferred solution: Let the company propose a solution.
I didn't like: Very poor.