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A personal loan to pay off credit cards

  • Personal loans between $5,000 - $40,000‡

  • Rates as low as 12.45% APR‡

  • Pay it off in 2-5 years**

Checking your rate is free and won’t impact your credit score*

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    With a simple interface and quick application process, The Payoff Loan™ streamlines paying off credit card debt.

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    Paying off your credit cards with The Payoff Loan™ can save you thousands of dollars thanks to low interest rates and a single, fixed payment.

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    By paying off debt with The Payoff Loan™, some members have increased their FICO® score by up to 40 points.††

Best Personal Loans Of February 2022


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Go debt-free your way

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Bankrate 4.6 out of 5 rating
Better Business Bureau A+ rating
Credible 4.5 out of 5 rating
Lendingtree 4.6 out of 5 rating
Nerdwallet 4.5 out of 5 rating
Trustpilot 4.6 out of 5 rating

Let’s remove stress from the equation

Finances can be overwhelming. We’re here to help.


Stress less, save more

Paying off credit cards is one of the best ways you can make sure you won’t be stressed about money. As an added bonus, you’ll be saving on interest along the way.


Take control

Instead of operating on someone else’s timeline, you get to choose your terms, pay-off date, and monthly payment. With us, you’re in control of your own money.

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Personal support

Our Member Advocates are here to help you succeed. No more hour-long waits or chatbots that get you nowhere - you’ll be speaking to real people who really care.

How the Payoff Loan works

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    We get to know you

    We take a look at your credit, income, and savings to determine your personal loan plan. No consequences or commitments.

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    You choose your plan

    We’ll show you multiple options including the lowest monthly payment, best rate, and quickest way to pay off.

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    Verify & Finalize

    We finalize all the legal documents and verify your information before dropping the money into your account, or paying the credit card company directly.

See what goes into getting approved

Learn more

The Payoff Loan vs Credit Cards


The Payoff loan

credit cards

Focused on you and your goals

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One fixed monthly payment

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Designed to help boost your FICO score††

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Yes, it’s possible for a loan to work on your terms

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    One fee, one time

    We keep it transparent: an origination fee is charged by our lending partners when your loan is issued, and that’s it.† If that sounds intimidating, don’t stress: the origination fee ranges from 1.5% and 5.5%, and there are no hidden charges.

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    Track your journey

    Our online Member Portal and Happy Money mobile app allow you to monitor payments, track your progress, and directly contact our support team. Think of them as tools to help you with any of your loan servicing needs.

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    Funding timeline

    We're excited to help you fund your happiness. Once your information is verified as part of the approval process, your funds will be available.

Understanding the numbers

View rates and terms

Personal loans made personal

See what our members have to say about their Happy Money lending experience.

“Happy Money helped me get out of debt that I never could on my own.”

Gia B.

Happy Money Member, Gia B.

“It is great to see one bill rather than 4-5 bills. And the interest rate is so much more manageable.”

Jimmy S.

Happy Money Member, Jimmy S.

“Happy Money took all my worry and uncertainty about credit card debt off my shoulders and provided one easy place for me to start making significant dents in my debt.”

Misha A.

Happy Money Member, Misha A.

We’re here to support you

Our ever-growing library of Support articles can answer most of your questions in a few clicks. Need to talk to someone? Our world-class Member Advocates are here for you 7 days a week with helpful, friendly, and confidential support.

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Some frequently asked questions

  • What is The Payoff Loan™?

    The Payoff Loan is a personal loan between $5,000 and $40,000 designed to help you eliminate or lower your credit card balances.‡‡ We’ve built The Payoff Loan to give you control of your finances and pay your credit cards off faster by consolidating your high-interest card balances into one monthly payment at a fixed rate and term of your choosing.

  • Will checking my rate hurt my credit?

    Don’t worry, checking your rate will not hurt your credit.* However, before you finalize your Payoff Loan, we will run a hard inquiry, which can impact your credit score. Luckily, our Members see an average FICO® Score increase of 40 points after making their first few payments!††

  • What do I need to apply?

    We’re proud to be transparent about our approval process, and we encourage you to review the main requirements here before you submit your application.

Have more questions?

Visit our Help Center

Let’s fund your happy

Check my rate

Checking your rate is free and won’t impact your credit score*