Happy Money is a financial company that combines psychology and money to help people live happier lives. Happy Money believes in establishing long-term relationships with people, meeting them at every stage of their financial life, and maximizing their happiness along the way.
Happy Money is composed of financial services professionals, research and clinical psychologists, data scientists, neuroscientists, designers, and technology experts, all working together to provide three primary experiences: Joy, Payoff, and the Happy Money Score. Happy Money believes that personal loans can be a tool to help customers accomplish goals and offers the Payoff Loan. Happy Money has helped over 200,000 members since 2017, funding $3.7 billion in personal loans.
Happy Money offers a Payoff Loan which is a personal loan between $5,000 and $40,000 designed to help you eliminate or lower your credit card balances. This product gives customers financial control by consolidating high-interest debt into a monthly payment at a fixed rate and terms of customer choice. It offers fixed rates between 5.99 percent APR and 24.99 percent APR.
Happy Money provides customers with member advocates to help customers succeed. Happy Money offers real-person support and real-time support, without relying on chat boxes or phone number systems. Happy Money’s support staff is available seven days a week.
Happy Money keeps fees transparent. The origination fee is charged when the loan is issued. The origination fee ranges from 0 percent to 5 percent.
Happy Money’s member online portal allows customers to monitor payments, track progress, and directly contact the support team.
Happy Money loan funding usually happens within two to five business days; Direct Card Payoff can take additional time.
If potential customers enjoying reading and researching, they can dive into the Happy Money growing library of support articles online.
Potential clients can check available rates with a soft credit check. A hard inquiry will be run when a Payoff Loan is being finalized. Fortunately, many Happy Money members see an average FICO score increase of 40 points after making their first few payments.
Happy Money eliminates the following fees:
Approval requirements are based on the following:
Depending on the terms, customers will pay between 5.99 percent APR and 24.99 percent APR.
Happy Money does not accept joint applications or cosigners.