A Simple Application Process

Check your rate in as little as 3 minutes.


Check Your Rate

There are no application fees or commitments, and it does not impact your credit score.


Choose Your Terms

Select the offer that works best for you and finish your application. See our rates and terms.


Verify Your Info

Review your terms, verify your information and eSign your loan documents. Find out what you need to get approved.


Receive Your Funds

Your funds to pay off your credit card balances will be electronically deposited into your account.

How the Payoff Loan Compares to Credit Cards

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*
5 / 5 Stars on Lending Tree
4.7 / 5 Stars on Credit Karma

Benefits of a Payoff Loan

Better Than Credit

Lower rates than most credit cards and customizable loan terms.

Simple and Easy

A single, fixed, and affordable monthly payment to simplify your life.

Credit Boost

Paying off your credit cards can help increase your credit score by up to 40+ points.††

Personal Service

Our team is here, ready to help you along your journey of paying off your credit cards.

Fast Application

All it takes is a few minutes to check your rate online.

Focused on Credit Cards

Our loans are specifically designed to help you eliminate high-interest credit card debt.

Common Questions About The Payoff Loan

What is the Payoff Loan?

The Payoff Loan is a personal loan between $5,000 and $40,000 designed to eliminate or lower your credit card balances. The Payoff Loan is designed to allow you to take control of your finances and pay your credit cards off faster. This is made possible by consolidating your high-interest card balances into one monthly payment at a fixed rate and term.

Will checking my rate for the Payoff Loan affect my credit?

Checking your Payoff Loan rate will not hurt your credit. Right before you finalize your Payoff Loan, we run a hard inquiry, which can impact your credit. But good news, our Members see an average FICO Score increase of 40 points† †.

What is the approval criteria for the Payoff Loan?

We're transparent about our approval criteria, and we encourage you to review the main approval factors here before you submit your application.

Ready to Get Started?

Check your rate in as little as 3 minutes.

Check My Rate

Checking your rate won't hurt your credit score. *

† † 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.