Ad Disclosure: We earn referral fees from advertisers. Learn More
If you are in need of a personal loan, Payoff might be one of your options. But is Payoff legit? Or is it a scam? In this Payoff Review, we will take a look at the company and see what they have to offer. We will also discuss the pros and cons of using their services so that you can make an informed decision about whether or not Payoff is the right choice for you.
Payoff is not a lender. They are a lead generator company. What that means is that they collect your information and then sell it to other lenders. So, if you are considering using Payoff to get a personal loan, you should be aware that your information will be shared with other companies.
There have been some accusations of bait and switch tactics with this company. Some people have reported that they were promised one thing by Payoff, but then were given something completely different by the lender that they were referred to. So, if you do decide to use Payoff, be sure to read the fine print and understand exactly what you are agreeing to.
There are also a lot of negative reviews about them online. Many people say that they had a bad experience with the company and that they would not recommend their services to others.
If you are considering using their services, be sure to do your research and understand exactly what you are agreeing to.
Fast Facts
Loan Amounts: $5,000 to $35,000
APR: 5.99% to 24.99%
Minimum Credit Score: 640…
