Personal Loan from Payoff®
Personal Loan from Payoff® - see full info about rates, terms, credit score.
Updated April 23, 2022
Check rates
On Payoff®‘s site
Check your personal loan rates
APR Range
5.99 - 24.99%
Amount
up to $40,000
Term
up to 60 months
Minimum credit score:
Good (670-739)
No early payoff penalty
See full info about rates in different states
We recommend more loans
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
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
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 ratesOptions
- Loan purpose:Personal Loan
- Lender:
- Credit Level:Good (670-739)
- When funds are available:3-6 business days.
Fees
- Origination fee5%
- Application feeNo application fee.
- Early payment feeNo early payment fee.
- Extra payment feeNo extra payment fee.
- Late feeNo late fee.
- Check processing feesNo check processing fee.
- Returned check feesNo returned check fee.
- Annual feesNo 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 DelinquenciesYour 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
Personal Loan
Recommended credit score
Fair (580-669)
- 5.94 - 35.97 %APR
- 3 - 5 yearsLoan Term
- $1,000 - $50,000Loan Amount
Check rates
On Upgrade‘s site
LightStream
Personal Loan
Recommended credit score
Good (670-739)
- 2.49 - 19.99 %APR
- 2 - 12 yearsLoan Term
- $5,000 - $100,000Loan Amount
Check rates
On LightStream‘s site
SoFi
Personal Loan
Recommended credit score
Good (670-739)
- 4.99 - 19.53 %APR
- 2 - 7 yearsLoan Term
- $5,000 - $100,000Loan 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.