THE PAYOFF LOAN™

Rates & Terms

With our fixed, low rates and simplified terms, we get you started on the path to eliminating your credit card balances as quickly as possible.




Loan Rates

We offer fixed rates between 5.94% (8% APR) and 22.60% (25% APR)†.


Loan Amount and Terms

Choose a loan amount between $5,000 and $35,000 and select the term, between 2 and 5 years, that works best for you.


Origination Fee

The origination fee helps us cover the costs on our end. In an effort to be transparent, we don’t hide our origination fee bundled inside your loan. It’s the only fee associated with the Payoff Loan™ and is charged only once, when your loan is issued.

Loan Term 24-Month 36-Month 48-Month 60-Month
Origination Fee 2.00% 3.00% 4.00% 5.00%

Your repayment terms will depend on your APR and loan term. Example: A loan of $15,000 at 12% APR will have a monthly payment of $395.01 for 48 months.



We’ve Eliminated Common Fees

We don’t like when we’re charged fees that only serve company profits and not people. So we’ve eliminated them at Payoff.

  • No application fees
  • No early or extra payment fees
  • No late fees
  • No check processing fees
  • No returned check fees
  • No annual fees

† Maximum APR in NY is 16%. Rates depicted are accurate as of February 26, 2017