topic Re: Has anyone heard of Payoff.com in Personal Finance

Has anyone heard of Payoff Inc?

Anonymous — Tue, 03 Mar 2015 00:04:34 GMT

Has anyone heard of Payoff Inc?

what are your thoughts?

Edit: removed link --SE

Re: Has anyone heard of Payoff.com

Creditaddict — Mon, 02 Mar 2015 20:58:44 GMT

looks like prosper and lending club... here is what I got back:

Here's a complete list of areas for improvement along with tips to get you started:

1. Your credit score is currently too low.
We typically require a credit score of 660 and above for approval, and your credit score is currently 659.
Break down your credit score and credit report and learn how to get your report free. →
2. Your current debt-to-income (DTI) ratio is too high.
Qualified applicants have a debt-to-income ratio of less than 30%. We've calculated your current DTI at approximately 58%
Learn ways to earn more money to make bigger dents in your credit card debt. →
3. You have a lot of hard inquiries on your credit report.
Based on our reports, your credit report was requested too many times in the last 6 months (maximum 4 per 6 months).
Avoid new, unnecessary inquiries that hurt your credit score. →

It's TU... which is interesting because I have not seen this score before and my current TU Fico according to walmart and barclay are higher!

Re: Has anyone heard of Payoff.com

Anonymous — Mon, 02 Mar 2015 21:06:59 GMT

Looks like I dont qualify for a loan. My CS is still too low. So I am thinking of applying for 2/3 credit cards this week, but a little weary of the hard inquiries. So far I have 2 from last year. Does 3 applications (in one day(with CapOne = 1 inquiry? Do you know of any credit unions that are lenient with CL.

Kudos to you! 67 cards! That is amazing.

-Citibank $3,574.20/$4180; -$ Credit Union $ 560/$1500 LOC; -Capital one $250/$2500

-Macys 0/$100; -Kohls 0/$200; -TJMaxx 0/$300

Experian score was 561 as of 1/1/15 On 2/26/15 EQ:626 TU:639 EX: 628

Re: Has anyone heard of Payoff.com

Creditaddict — Mon, 02 Mar 2015 21:19:43 GMT

No cap1 pulls all3 but you can check pre-qual and if you have one for venture that seems to be giving nice cl's

Re: Has anyone heard of Payoff.com

Jerry45 — Mon, 02 Mar 2015 21:20:35 GMT

Hopefully it will not turn into ripoff.com? LOL Just kidding. Never heard of them

Re: Has anyone heard of Payoff.com

Anonymous — Mon, 02 Mar 2015 21:28:58 GMT

ok. I am thinking of a QS1 and venture.

Re: Has anyone heard of Payoff.com

Anonymous — Mon, 02 Mar 2015 21:29:20 GMT

hahaha..

Re: Has anyone heard of Payoff.com

Creditaddict — Mon, 02 Mar 2015 21:39:29 GMT

If your pre qual Id do it

Re: Has anyone heard of Payoff.com

Anonymous — Mon, 02 Mar 2015 21:53:54 GMT

I have a loan from Logix Credit Union and they are pretty awesome and fair.

Re: Has anyone heard of Payoff.com

Anonymous — Mon, 02 Mar 2015 22:03:48 GMT

I wonder if I can reapply at some point in the near future.

Here's a complete list of areas for improvement along with tips to get you started:

1. Your current debt-to-income (DTI) ratio is too high.
Qualified applicants have a debt-to-income ratio of less than 30%. We've calculated your current DTI at approximately 35%

Re: Has anyone heard of Payoff.com

CreditCuriosity — Mon, 02 Mar 2015 22:11:27 GMT

Tried for giggles.

It matches my TU 08.. Score 699

Reasons for our decision:

You have a lot of hard inquiries on your credit report.

(4 in the last 12 months)... Seems very conservative to me. Prosoper offers me loans (horrid rates), lending tree doesn't.

Re: Has anyone heard of Payoff.com

ibmrad7 — Mon, 02 Mar 2015 22:10:37 GMT

Just tried.

Got higher interest rates compared to Lending Club.

Re: Has anyone heard of Payoff.com

Anonymous — Mon, 02 Mar 2015 22:12:00 GMT

On the bright side it has my TU score 8 points higher than myfico. So maybe there's an update coming via scorewatch tonight or tomorrow.

Re: Has anyone heard of Payoff.com

CreditCuriosity — Mon, 02 Mar 2015 22:12:43 GMT

wonder how they pull without any part of of ones SSN.

Re: Has anyone heard of Payoff.com

Strogen — Mon, 02 Mar 2015 23:13:40 GMT

Pre-qual part of site is down.... how completely idiotic of them.

Loose that good business Payoff.com just keep loosing it.

Any website that is down during normal hours isnt a website IMHO.....

Re: Has anyone heard of Payoff.com

Anonymous — Tue, 03 Mar 2015 14:26:30 GMT

I will check them out. Thanks ghgirll123

Re: Has anyone heard of Payoff.com

Anonymous — Tue, 03 Mar 2015 14:35:37 GMT

Finallypayingattention & CreditCuriousity - I am pretty sure you can try in the near future. Have you looked into Lending club and prosper? I started my research on them yesterday. They offer pretty low rates, but my credit needs to be a little better. The good thing with these lenders is they only run soft pulls.

Re: Has anyone heard of Payoff.com

Anonymous — Tue, 03 Mar 2015 14:30:08 GMT

I got declined by Prosper and Lending club offered me a 4k loan at 26%. No, thank you...haha

Re: Has anyone heard of Payoff.com

Anonymous — Tue, 17 Mar 2015 13:50:27 GMT

Do they include mortgage payments in their calculation?

Re: Has anyone heard of Payoff Inc?

Anonymous — Sun, 22 Mar 2015 01:12:08 GMT

@Anonymous wrote:
Has anyone heard of Payoff Inc?

what are your thoughts?

Edit: removed link --SE

Sorry Bliss831. I have never heard of them. Good luck!!