Pay off credit card debt without consolidating kelly clarkson and robin thicke dating

Are you currently in a position where you have debt stacked across one or more credit card? Not only this, but attempting to manage repayments on multiple credit cards can be a daunting task, especially if repayment dates are scattered throughout the month.

The elimination of these common fees are great, not least because these are avenues that traditional lenders often utilize to hit borrowers with additional charges.

Payoff loans are available from a minimum of $5,000, all the way through to $35,000.

The debtor is then required to pay Payoff back, as per the terms of the agreement that was offered during the application process.

Payoff are not like other, more conventional lenders, insofar that they are not in the business of offering multiple loans.

Instead, the platform offers just a single loan that is for the sole purpose of paying off outstanding credit cards.

So now that you know who Payoff is and what they do, in the next section of our review we are going to explore who is eligible to receive a loan.

The California-based company specializes in paying off credit card debt on behalf of their customers, which then transitions into a loan agreement between the debtor and Payoff.

The financial services company claims to have more than 11,000 customers, representing a total of 5million in settled credit card debt.

In terms of the APR, this starts from as little as 5.65% (5.99% APR), all the way through to 22.59% (24.99% APR).

The rate that you are offered will depend on a number of factors, such as your current FICO score, your debt-to-income ratio, the size of your outstanding credit card debts, and your annual income. These rates are even higher if you are in possession of a credit card that is tailored towards low-to-medium credit scores.

In terms of the length of the loan agreement, this will vary between two and five years.

Tags: , ,