Payoff Personal Loans

For paying off your credit cards with a personal loan, Payoff is an excellent option. As long as you have a credit rating of at least 640, you can apply for a personal loan with a fixed interest rate. Not only does this give you the opportunity to borrow between $5,000 and $35,000, but it also allows you to increase your FICO score while avoiding the high interest of credit cards.

Instead of feeling stuck with high credit card debt, you can gain much-needed financial freedom by utilizing Payoff’s service. What makes this company unique is that it works with lenders that provide unsecured loans. That means you aren’t required to put your home, vehicle, or other assets up for collateral.

By choosing Payoff, you can roll the balances of several credit cards into one personal loan. Ultimately, you end up with less outstanding debt and a single monthly payment.

The process of securing a personal loan through Payoff is quick and easy. Simply click this link and then hit the pink “Check My Rate” button. If it comes back at 640 or higher, you’re good! Next, you just select the terms you prefer, complete the application form, and then submit it.

Once you receive an offer that you like, you use eSign to authorize the documents, which shows that you accept the terms of the loan. From there, your chosen lender deposits the loan directly to your bank account.

Choosing Payoff for personal loans comes with several benefits. For one thing, there are no commitments until you accept a lender’s offer and no application fees. Also, you won’t have any prepayment penalties for paying the loan amount off early, no annual fees, and no late fees. All this along with an APR of 5.99 to 24.99 percent and terms that range from 24 to 60 months means that Payoff is ideal for a lot of people with heavy credit card debt.