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Rates & Terms

Taking out a personal loan shouldn’t require a finance degree. With our fixed, low rates and simple terms, the Payoff Loan is here to get you closer to your goals as quickly as possible.

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Loan Rates

We offer fixed rates between 7.99% APR and 29.99% APR.‡

Loan Amount and Terms

Choose a loan amount between $5,000 and $40,000 and select the term, between 2 and 5 years, that works best for you.†

Origination Fee

Our only fee at Happy Money, the origination fee, helps us cover the costs on our end. Charged once when your loan is issued, you can expect your origination fee to range between 0% and 5%.

As a friendly reminder, your repayment terms are dependent on your APR and selected loan term. For example, a loan of $16,000 at 10.99% APR will have a monthly payment of $413 for 48 months.

We’ve Eliminated Common Fees

We’re not about charging fees that only benefit company profits, so we don’t - plain and simple.

  • No application fees
  • No early or extra payment fees
  • No late fees
  • No check processing fees
  • No returned check fees
  • No annual fees