Payoff Inc. Review: Too Many Consumer Complaints – Crixeo

December 14, 2021 by No Comments

Ad Disclosure: We receive referral fees from advertisers.
Learn More

Did you receive a pre-approval offer in your mailbox from Payoff Inc. by Happy Money?

Did the offer claim that you can save $10,000 or more?

Did the offer claim to offer rates of 5.99% to 24.99%.?

Did the offer look similar to the offer below?

Payoff Inc. Fast Facts

Loan Amounts: $5,000 to $35,000
APR: 5.99% to 24.99%
Minimum Credit Score: 640 score

  • Loan Type: Multi-purpose personal loans
  • Repayment Terms: 24 to 60 Months
  • Direct Lender or Marketplace: Marketplace
  • Turnaround Time: 2 to 5 days
  • Best For: Anyone looking to improve their financial state

Payoff Inc. Pros & Cons


  • No prepayment fees
  • Monthly FICO score updates
  • Wealth of educational resources
  • No late fees


  • No joint applications
  • 0% – 5% origination fee
  • For credit card debt consolidation only

Payoff Inc. Cost of Loan

With Payoff, customers can consolidate up to $35,000 in credit card debt. They also offer extremely competitive rates ranging from 5.99% – 24.99%, and repayment options ranging from 24 to 60 months.  However, they may charge an origination fee to process the loan. This fee can be between 0% and 5% and depends on things like your credit history and the loan amount.


To get started, there is a list of criteria you need to meet:

  • Be a US citizen or Permanent Resident
  • You must be at least 18 years of age
  • Valid bank account
  • Minimum credit score of 640

To apply for Payoff you need to have access to the following information as well:

  • A government-issued ID
  • Debt-to income ratio of 50% or less
  • No delinquencies on any outstanding credit
  • At least three years of credit history

After you have met all the …….



Leave a Comment

Your email address will not be published. Required fields are marked *