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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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Low, Fixed Loan Rates

We only partner with responsible lenders who are committed to helping you—not hurting you—so our rates are some of the lowest around. And since our rates are fixed, you never have to worry about unexpected rate hikes. You can rest assured that the rate you get when you open your loan will stay the same throughout the life of your loan.

Our fixed rates range between 11.72% APR and 17.99% APR. We calculate your rate based on the information you give us during your loan application.

Flexible Loan Terms

We know that everyone’s Money Story is a little different, so we offer flexible options to help fit your needs.

You can choose a loan amount between $5,000 and $40,000**, and you can also set your payback term between 2 years (24 months) and 5 years (60 months).

Please keep in mind: Your repayment terms are dependent on your APR‡ and selected loan term. For example, a loan of $16,000 at 13.64% APR will have a $480 origination fee and a monthly payment of $421 for 48 months.

Origination Fee

The Origination Fee† is the only fee associated with Happy Money personal loans. It helps us cover the cost of matching you with great lending partners to fund your loan, and continuing to service your loan once it's been funded. You may see your Origination Fee† go up or down depending on the terms of your loan. The Origination Fee† is paid out of your loan funds—not your pocket. After that one-time charge, you’re fee-free for the life of your loan!

No Hidden Fees

We want you to pay back your loan so you can get closer to your Debt-Free Future—and that’s why we don’t nickel-and-dime you with fees†.

When you choose a personal loan from Happy Money, we're proud to offer you the cash you need for the important things in your life. But we're just as proud of what we don't give you:

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

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