Payoff offers customizable loan terms that fit your budget.
Checking your rate won't hurt your credit score.
| The Payoff Loan™ | Credit Cards | |
|---|---|---|
| Focused On Getting You Out Of Debt | ||
| Fixed Monthly Payments | ||
| No Late Payment Fees | ||
| Designed to Help Boost Your FICO Score* |
Lower rates than most credit cards and customizable loan terms.
A single, fixed, and affordable monthly payment to simplify your life.
Paying off your credit cards can help increase your credit score by up to 40+ points.††
Our team is here, ready to help you along your journey of paying off your credit cards.
$5,000 - $40,000
5.99% - 24.99%
24 - 60 months
Check your rate in as little as 3 minutes.
Checking your rate won't hurt your credit score. *
‡ The Payoff platform provides loans with fixed rates between 5.99% and 24.99% APR for loan amounts from $5,000 to $40,000. Minimum rate for loan amounts above $15,000 is 6.99% APR. Minimum loan amount and APR may vary in certain states. Loans not available in all states. Rates may change at any time. Visit https://www.payoff.com/loan/rates-and-fees/ for specific details.
* Checking your rate generates a soft credit inquiry that is only visible to you. A hard credit inquiry that can affect your credit score appears when your loan is issued.
† † Based on a study of Payoff Members between August 2020 and February 2021. Payoff Members, who paid off at least $5,000 in credit card balances, saw an average increase in their credit score of 40 points within four months of receiving a Payoff Loan. Results may vary and are not guaranteed.
† The origination fee is charged by the lender who funds and issues your loan through our platform. Lenders do not charge any late, bounced check, failed ACH, or other fees. The origination fee is based on your loan amount, term, and credit quality. This one-time fee is deducted from your loan proceeds when your loan is issued.
** Your repayment terms will depend on your interest rate, origination fee, loan amount, and loan term. Example — A loan of $16,000 at 10.99% APR will have a monthly payment of $413 for 48 months.