Apply for your payoff loan of up to $40,000 with rates starting at 8.95% APR!

Do you need a loan to pay off your bills and achieve greater financial peace of mind?

Happy Money is a company that offers fully customized payoff loan plans designed specifically for your needs, with a fast and simplified process.

Why Choose Happy Money?

Happy Money is a fintech company that specializes entirely in unsecured personal loans, primarily focusing on consolidating credit card debt.

The company aims to provide an efficient and modern way to manage finances and resolve financial issues under fair conditions.

Loan Amounts and Terms

Happy Money offers loans ranging from $5,000 to $40,000, designed to accommodate different levels of debt.

• Repayment terms: Loan repayment periods range from 24 to 60 months, which is equivalent to 2 to 5 years.
• Interest rates: The company offers rates ranging from 8.95% to 17.48% APR, depending on the borrower’s credit profile and financial situation.

Pros of Happy Money

• Competitive interest rates: Happy Money provides better rates than many competitors, especially compared to credit cards.
• No hidden fees: The company ensures transparency and security, with no hidden fees that could cause unexpected increases in the final repayment amount.
• Financial education and budgeting tools: Besides offering loans, Happy Money provides resources to help customers manage their finances, including budgeting tools and educational articles on financial health.
• Fixed monthly payments: Borrowers benefit from predictable monthly installments, making it easier to budget their finances.

Cons of Happy Money

• Strict credit check: For some applicants, the credit verification process may be too rigorous for a loan intended for bill payments, potentially making approval difficult.
• Origination fee: The origination fee is considered high, especially depending on the loan amount and the applicant’s credit score.
• Not available in all states: Happy Money’s services are not accessible in certain U.S. states, limiting availability for some potential borrowers.

Who Can Apply for a Happy Money Loan?

To be eligible for a Happy Money personal loan, you must meet the following requirements:

• Be at least 18 years old
• Be a U.S. citizen or a permanent resident
• Have an active and valid checking account in the U.S.
• Possess a valid Social Security number
• Have a minimum credit score of 640.
• Have no current or recent delinquencies
• Demonstrate a stable source of income.

How to Apply

The application process for a Happy Money loan is entirely online, making it quick and convenient.

Step-by-step application process:

1. Check Your Rate: Visit Happy Money’s website and click on “Check my rate” to see the available loan options. This process does not affect your credit score.
2. Fill Out the Application Form: Provide basic personal information, including contact details, annual income, and Social Security number.
3. Select Your Loan Offer: Based on your provided information, Happy Money will present different loan options tailored to your profile.
4. Submit Required Documents: Upload necessary verification documents, such as proof of income and identification.
5. Approval and Funding: Once approved, the funds will be directly deposited into your checking account. Processing time varies but typically takes 1 to 5 business days.

Happy Money promises a fast and easy loan process, entirely online, with no impact on your credit score as long as you make all your payments on time.

Complete Summary

✔ Loan amounts from $5,000 to $40,000
✔ Repayment terms between 2 and 5 years
✔ Soft credit check (does not affect credit score)
✔ Personalized support for day-to-day financial management
✔ Focus on payoff loans for bill payments and debt consolidation.
✔ Fixed monthly payments for predictable budgeting
✔ Interest rates of up to 17.48% APR
✔ Origination fee required
✔ No hidden fees and a fully online application process with no costs

Author’s Opinion

Happy Money is a solid option for those looking for payoff loans, providing a structured and reliable way to secure funds without major complications.

It offers a secure and efficient service, but applicants should carefully evaluate all loan conditions before making a decision.

Looking for Another Option?

If you are considering other personal loan options in the U.S. market, check out Upstart Personal Loans.

Upstart offers loans of up to $50,000 for various financial needs, also through a fully online application process. See how you can apply today!

Written by

Gabriel Gonçalves