Payoff Personal Loans Review
ConsumersAdvocate.org Rating: 9.5 / 10 (Excellent)
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The following companies are our partners in Personal Loans: Even Financial, Payoff, Discover, LendingTree, SoFi, Upstart, PersonalLoans, Backed Inc., Lending Club, Avant, SignatureLoan, LoanStart, MoneyLion, Prosper, FreedomPlus, Loans Under 36, Laurel Road, Monevo, CashUSA, 36 Month Loans, ForwardLend, Upgrade, SuperMoney, CompareFirst, Credible, and YesMunee.
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How is Payoff rated?
Overall Rating: 9.5 / 10 (Excellent)
Payoff Loan Specifics
Loan Specifics - 9.5 / 10
|Debt/Credit Card Consolidation|
2 to 5 years
|Pay Creditors Directly|
3 to 7 business days
3 to 6 business days
Representative Loan Sample
Qualification - 10 / 10
|Minimum FICO Score|
|Personal Income Considered|
|Debt to Income Ratio|
50% maximum debt-to-income ratio
|Verify Bank Account|
|Hard Credit Pull|
Alternative Factors to Credit Score Considered
Payoff Cost of Loan
Cost of Loan - 9.5 / 10
8.00 to 25.00%
2 to 5%
|Missed Payment Penalty|
No late payment fees
Lender Reputation - 9 / 10
|Type of Lender|
|Number of BBB Positive Reviews|
|Number of BBB Negative Reviews|
|Consumer Financial Protection Board (CFPB) Complaints|
Customer Comments & Reviews
- Payoff members have raisesd their credit scores by 40 points.
- Consolidate all your credit cards to one affordable monthly payment.
- Fixed-rates between 8% and 25% APR.
- NO prepayment penalties, application fees, or late fees.
- Loans for refinancing credit card debt from $5,000 to $35,000