Payoff is a financial wellness company that applies science, psychology and technology to help our Members reinvent their relationship with money and accelerate their journey toward financial well-being. We focus on the intersection of personality and financial behavior, developing products and services that help our Members achieve their goals.

Our team of financial services professionals, research and clinical psychologists, data scientists, neuroscientists, Member Advocates and technology experts work together to better understand and accelerate our Members’ journey toward financial wellness.

Loan Features

The first step to financial wellness is taking control of your credit card debt. The Payoff Loan gives you the power to reduce multiple high-interest payments into one low-rate monthly payment.

The Payoff Loan is a personal loan between $5,000 and $35,000 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. We are working hard to offer the Payoff Loan in all states. Currently, the Payoff Loan is not yet available in Massachusetts, Mississippi, Nebraska, Nevada, Ohio, and West Virginia.

Application Process

You need at least three years of established credit to be eligible for the Payoff Loan. A few things you may need to provide for verification purposes are:

A bank statement or bank credentials to securely link your bank account
A driver’s license, passport or state issued ID to verify your identity
Your two most recent paystubs or most recent tax return if self-employed to confirm your income

Application process is easy and includes the following steps:
There are no application fees or commitments, and it does not impact your credit score.

Select the offer that works best for you and finish your application.

Review your terms, verify your information and eSign your loan documents.

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

Approval process takes between 3-7 business days to verify the information provided after all of the requested information/documentation has been received. It may be faster, or it may take longer depending on different individual situation.

Repayment Terms

Your payments are withdrawn directly from your designated checking account on a monthly basis. You can find your payment date on your promissory note or in your Member Account. You can change your date once every 12 months. Payoff offers fixed rates between 5.94% (8% APR) and 22.60% (25% APR) for loan amounts from $5,000 to $35,000. APR and minimum loan amount may vary in certain states. 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.

Customer Support

3200 Park Center Drive, STE 800
Costa Mesa, CA 92626


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