10 Best Personal Loans of 2018
We compared the Best Personal Loan Lenders
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Payoff At A Glance

Loan Type Personal Loans
Loan Amount 5,000 to 35,000 USD
Repayment Terms 24-60 months
Typical APR 8%-25%
Origination fee 2% - 5%
Time to funding Typical 3 - 6 business days
Soft credit check? Soft check
Best for Below average credit score borrowers

Payoff Overview

Payoff is a company focused on helping people achieve financial wellness. The company works with First Electronic Bank, an FDIC insured Utah-chartered industrial bank to originate loans. Its team of data scientists, research and clinical psychologists, finance services professionals, technology experts and Member Advcates all work to help and educate people on how to achieve their financial goals.

Application Process

Payoff is an excellent option for those serious about debt consolidation. They offer a offer a simple, straightforward approach to loans that lets customers; check their rate, check their terms, verify their information, and ultimately receive their funds. Applicants can check their rates and select the loan term which works best for them. Moreover, they have good customer support and a solid reputation. However, the company's standards for borrowers is quite high, requiring a slew of prerequisites, including a better than average credit score, high gross income, three years of good credit, at least 2 open and satisfactory trades, no more than one installment loan within the last 12 months, and more.

Physical Address

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