Personal Loan from Payoff®

Personal Loan from Payoff® - see full info about rates, terms, credit score.

Updated April 23, 2022
Advertiser Disclosure
2.9 out of 5
Check rates
On Payoff®‘s site

Check your personal loan rates

scorer
APR Range
5.99 - 24.99%
scorer
Amount
up to $40,000
scorer
Term
up to 60 months
scorer
Minimum credit score:
Good (670-739)
scorer
No early payoff penalty
See full info about rates in different states

We recommend more loans

Prosper
Prosper
Personal Loan
7.95 - 35.99 %
APR
3 - 5 years
Loan Term
$2,000 - $40,000
Loan Amount
Check rates
On Prosper‘s site
Upstart
Upstart
Personal Loan
3.5 - 35.99 %
APR
3 - 5 years
Loan Term
$1,000 - $50,000
Loan Amount
Check rates
On Upstart‘s site
Avant
Avant
Personal Loan
9.95 - 35.99 %
APR
2 - 5 years
Loan Term
$2,000 - $35,000
Loan Amount
Check rates
On Avant‘s site
On Payoff®‘s site
Check rates

Options

  • Loan purpose:
    Personal Loan
  • Lender:
    Payoff®
  • Credit Level:
    Good (670-739)
  • When funds are available:
    3-6 business days.

Fees

  • Origination fee
    5%
  • Application fee
    No application fee.
  • Early payment fee
    No early payment fee.
  • Extra payment fee
    No extra payment fee.
  • Late fee
    No late fee.
  • Check processing fees
    No check processing fee.
  • Returned check fees
    No returned check fee.
  • Annual fees
    No annual fee.

Pros & Cons

Pros:
  • No prepayment or late fees
  • Free monthly FICO score updates
Cons:
  • Co-signers are not accepted
  • Origination Fee
  • Slow funding
  • Not available in all states

Rates

Rates
5.99 - 24.99%
Term
24 - 60 months
Loan Amount
$5,000 - $40,000
Special conditions in the states listed below:
  • Maryland have a minimum loan amount of $6,100
  • New Mexico have a minimum loan amount of $5,100
List of states where Payoff® loan is not available:
  • Massachusetts
  • Mississippi
  • Nebraska
  • Nevada
View all Rates & Fees

Requirements

  • What you need to get approved (Qualifications)
    FICO® score 640 or higher.
  • Credit Delinquencies
    Your credit delinquencies are payments you owe and have not currently paid. If you have any, Payoff® suggest resolving these before applying for a Payoff loan.
  • Ages

    Individual borrowers must be at least 18 years old.

  • Residence

    Individual borrowers must have a valid social security number and a valid checking account.

  • Requirements Description
    • Personal information (Name, Address, Phone Number, Date of Birth, Social Security Number)
    • Income Particulars (Income Type, Pay Method, Pay Frequency, Monthly Income)
    • Banking Details (Account Type, Account & Routing Numbers, Age of Account)

Check loans from other lenders

Upgrade
Upgrade
Personal Loan
4.09 out of 5
Recommended credit score
bank name
Fair (580-669)
  • 5.94 - 35.97 %
    APR
  • 3 - 5 years
    Loan Term
  • $1,000 - $50,000
    Loan Amount
Check rates
On Upgrade‘s site
LightStream
LightStream
Personal Loan
5 out of 5
Recommended credit score
bank name
Good (670-739)
  • 2.49 - 19.99 %
    APR
  • 2 - 12 years
    Loan Term
  • $5,000 - $100,000
    Loan Amount
Check rates
On LightStream‘s site
SoFi
SoFi
Personal Loan
5 out of 5
Recommended credit score
bank name
Good (670-739)
  • 4.99 - 19.53 %
    APR
  • 2 - 7 years
    Loan Term
  • $5,000 - $100,000
    Loan Amount
Check rates
On SoFi‘s site

Description

  • The Payoff Loan™ is an unsecured personal loan designed to consolidate your credit cards into one monthly payment. Payoff requires a minimum FICO credit score of 640 or higher. It provides loans of up to $40,000.

    The Payoff platform provides loans with rates between 5.99% and 24.99% APR. Minimum loan amount and APR may vary in certain states.

Another popular loans for you
Best Egg
Best Egg
Personal Loan
2.95 out of 5
Check rates
On Best Egg‘s site
Marcus by Goldman Sachs
Marcus by Goldman Sachs
Personal Loan
4.3 out of 5
Check rates
On Marcus by Goldman Sachs‘s site
LendingClub
LendingClub
Personal Loan
3.55 out of 5
Check rates
On LendingClub‘s site