Is Happy Money Personal Loans the right fit for you?
Last Updated: 04/09/2026
SuperMoney User Recommendation Score -30
Mostly not recommended20 total votes
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Highlights
Community Rating
Mostly not recommended
APR (Fixed APR)
7.95% - 29.99%(Verified 04/09/2026)
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Amount Range
$5,000 - $50,000
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Loan Term (Months)
24 - 60
Number of Reviews
Happy Money Personal Loans Review
Happy Money Personal Loans is offered by Happy Money Inc., a financial services company founded in 2009 and based in Torrance, CA. Happy Money loan are available in 49 states and Washington, DC.
Key Takeaways
- APRs starting at 7.95%. Personal loan interest rates typically range between 9% and 36%. The starting rates for Happy Money Personal Loans are on the lower end of the spectrum.
- Large loan amounts. You can apply for loan amounts of up to $50,000 with Happy Money Personal Loans .
- Prequalified rate. You can check your prequalified rate at Happy Money Inc. with a soft pull that will not affect your FICO or VantageScore.
- Origination fees of 0% to 5%. This is average for lenders that charge origination fees. Don't forget that these fees are deducted from the loan amount, so take them into account when deciding how much money to borrow.
- No late fees. Happy Money Personal Loans will not charge additional fees if you miss the due date on a payment.
Happy Money loan Pros & Cons
| Pros | Cons |
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Happy Money loan FAQ
What interest rates and personal loan terms does Happy Money loan offer?
Happy Money loan has lower than average interest rates for lenders reviewed on SuperMoney.
What interest rates does Happy Money loan offer?
Happy Money loan offers a fixed APR personal loan product that ranges from 7.95% APR up to 29.99% APR.
How much can you borrow via Happy Money loan?
Personal loan amounts start at $5,000 and go up to $50,000
What is the maximum loan term you can get with Happy Money loan?
Happy Money loan offers loans with terms of up to 60 months.
| Personal Loan Amount | $5000 - $50000 |
| Loan Term | 24 - 60 months |
| APR | 7.95% - 29.99% |
What fees does Happy Money loan charge?
Does Happy Money loan charge an origination fee?
Happy Money loan may charge a personal loan origination fee of 0% to 5% of the personal loan amount . Happy Money loan deducts the origination fee directly from your personal loan amount, so make sure you take this fee into account when deciding how much you need to borrow.
Does Happy Money loan charge a late fee?
No, Happy Money loan will not charge you a late fee if you miss payments.
Does Happy Money loan charge prepayment fees?
No, Happy Money loan does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
| Origination Fee | 0% - 5% |
| Prepayment Fee | No |
| Late Payment Fee | $25 - $35 |
What do you need to qualify for Happy Money Personal Loans?
Applicants with a credit score of at least 640 and up to 850 may be eligible for Happy Money Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher. Happy Money Personal Loans does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Happy Money Personal Loans. Not all companies will work with visa holders. Happy Money Inc. does offer its services to temporary resident visa holders such as F1 or H1B holders.
To qualify, applicants may need to provide the following documentation:
- Applicants must have an active and valid personal checking account
- Recent pay stubs
- Proof of income
- Driver's license or other government photo ID
- Proof of citizenship or residence permit
| Minimum Age | 18 |
| Bank Account Required? | Yes |
| Application Types Accepted |
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| Credit Score | 640 - 850 |
What is the estimated funding time for a personal loan via Happy Money loan?
Happy Money loan will typically fund loans within 2 to 7 business days of approval and clearing necessary verifications.
Does Happy Money Personal Loans report your account activity to credit bureaus?
Yes, Happy Money Personal Loans reports to the following credit bureaus:
- Equifax
- Experian
- TransUnion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.
Does Happy Money Inc. perform a hard credit pull?
As is the case with most providers, a hard credit pull will likely occur if you accept an offer after checking your rates. Happy Money loan allows you to check your rates with a soft credit pull.
Are Happy Money Personal Loans legit?
Happy Money Inc. was founded in 2009, it is a well-established company that has been in business for 17 years. Happy Money Personal Loans is mostly not recommended by SuperMoney community users.
Happy Money Personal Loans Disclosure: Affiliate Partner Disclosure: Happy Money, Inc. is not a lender and is not the provider of the products or services offered by our Affiliate Partners. Affiliate Partner offers presented on this platform are provided by independent third parties ("Affiliates") with whom you will have a direct contractual relationship if you choose to proceed. Happy Money pays compensation to Affiliates from whom consumers are referred, apply
for, and obtain products or services through this platform. This compensation may influence which Affiliate offers are presented and the order or prominence in which they appear; however, it does not affect the terms offered to you by the Affiliate. Happy Money does not endorse, guarantee, or warrant the products, services, rates, or terms
offered by any Affiliate, and makes no representations regarding the Affiliate's lending or underwriting decisions. Happy Money plays no role in any credit or approval decisions made by Affiliates and is not responsible for issuing adverse action notices in connection with Affiliate products. If you proceed to an Affiliate's platform, your
use of that platform is governed by the Affiliate's own terms of service and privacy policy. This offer does not constitute a commitment to lend or an offer to extend credit. Products and services offered by Affiliates may not be available in all states.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from Happy Money loan
Message from our editor
What we love about Happy Money Loans
Happy Money Loans helps customers consolidate their expensive credit card debt into a single loan with a manageable monthly payment and lower interest rate. The interest rates offered by the company will depend on your creditworthiness but will typically be noticeably lower than the rate you pay on a credit card.
The loan terms are flexible, letting you customize your monthly payment. The loans also have low minimums and high maximums so most people will be able to borrow enough to pay off their credit card debt.
What could Happy Money Loans do better?
Happy Money Loans charges an origination fee for its loans, which reduces the amount of money that you can save by consolidating your debts. It also has a list of eligibility requirements. While many of these requirements are reasonable, people with significant credit card debt may struggle to meet the credit score requirement.
Another drawback is that Happy Money Loans only offers loans to help people consolidate their credit card debt. If you need to borrow money for any other reason, you won’t be able to get a loan from Happy Money Loans.
PHappy Money Loans’s backstory
Happy Money Loans was founded in 2009 by Scott Saunders and Eden Warner. The company focuses on helping people pay off their credit card debt and providing educational tools that people can use to help them avoid falling back into expensive credit card debt.
The Verdict
If you have credit card debt, Happy Money Loans is a good company to work with if you want to consolidate your credit cards into a single loan. There are many ways to consolidate credit card debt, each with pros and cons, but Happy Money Loans should certainly be an option that you consider.
Other Services by Happy Money Inc.
SuperMoney Net Recommendation Score
SuperMoney users mostly don't recommend this product, giving it a user recommendation score of -30, or 2.4 on a 5-point rating scale.
-30
-1000+100
No one recommends
Everyone recommends
Happy Money Personal Loans Community Reviews
Would you recommend Happy Money Personal Loans to your friends?
SF
Subomi F.
Nov 12, 2023
May or may not recommend
Happy Money Personal Loans has been a game-changer for me. From the straightforward application process to the friendly customer support, they've made getting a loan surprisingly stress-free. The rates were fair, and the whole experience left me genuinely happy. Kudos to the Happy Money team!
Nor M.
Jan 21, 2023
May or may not recommend
Happy Money is the Best! I used this for over a month and it was so helpful, it never fails to meet my standards. I recommend this company to everyone.
RH
Rojonah H.
Jan 20, 2023
May or may not recommend
This place is highly underrated...I have tried all I could to get a loan. I dont remember how I come across them, But so happy I done so. The process was very simple and straight to the point. Could not believe it when I got funded. Thanks so much Happy money, because I am super super happy today
MC
Mazhar C.
Nov 25, 2022
May or may not recommend
I was in a bind and no way out, so I figured I could get a personal loan to get myself out of the mess. I have Payoff to thank for that.
NR
Nicole R.
Oct 26, 2022
May or may not recommend
Not a bad experience. They do exactly what they say they do, just make sure you read the loan details before you sign up.
JB
James B.
Aug 30, 2022
May or may not recommend
This place is a joke! I thought I had to opt in for them to pay my credit cards and that’s what I did and that was the worst mistake! Oh you just don’t know! So it took them nearly 2 weeks to start paying on them and when they finally did they paid way too much on some then left me owing hundreds on others! They go by what ...Show More
IB
Ibinabo B.
Jan 20, 2022
May or may not recommend
I was in a bind and no way out, so I figured I could get a personal loan to get myself out of the mess. I have Payoff to thank for that.
SH
Shadrack H.
Apr 26, 2021
May or may not recommend
Saw an ad on Instagram and thought mm this could be good for me sounds good, the lady in the ad was speaking real nice. But once I started looking into their “stats” and what they offer and my smile slowly went away, they don’t really feel for you or want to help you. In my opinion they just want you as a client and see you as a check ...Show More
NC
Nan C.
Oct 2, 2019
May or may not recommend
Payoff loans is horrible! After receiving an offer (pre-approval) for a debt consolidation loan, I proceeded to apply. I was approved and given a rate after putting in my offer information. I received a rate and then selected a dollar amount; now I was in the application process. Payoff requested my income verification information along with my banking statements - all of which I provided. I ...Show More
U
Anonymous
Sep 26, 2019
May or may not recommend
My first month with Payoff I have experienced a "glitch" in the system of which I was charged twice my monthly payment and charged an overdraft fee. They covered the overdraft fee but now are saying that I did not do any of the payment and that I owe them the months payment again. In addition, when I was already aigned up for their loans, I kept getting emails from ...Show More
BT
Brian T.
Aug 19, 2019
May or may not recommend
This company is a joke! They waste your time take for ever to process then told me they couldn't validate my income. I gave them a BANK STATEMENT! It was right there in black and white!
Then when I call and try to tell them they must have made a mistake they told me there isn't anything they can do about it! Decision has been made! If the reason ...Show More
Chantal D.
Aug 10, 2019
May or may not recommend
Worked with Jessica at member services and had a awful experience. She was snappy and incredibly rude. Trust me go else where. I had a better experience in other places. Don't believe the fake good reviews.
U
Anonymous
Aug 2, 2019
May or may not recommend
Only loan company I have ever talked to that cannot provide a payoff amount the same day. Poorly run and executed just to make you pay more.....
U
Anonymous
Jul 22, 2019
May or may not recommend
Monthly payments are automatically deducted from my bank account, easy pasy - until you want to change the amount of your payment so that you pay down the loan faster. You cannot. You cannot pay extra, unless you are paying the exact amount of your normal payment. So if your payment is $300 a month, you cannot add an extra $100 to it or make a separate ...Show More
Margaret L.
Jul 15, 2019
May or may not recommend
Very dishonest! made extra payments towards principle, and they will apply to interest and state its the system. I paid off 10k in 5 months just so I didn't have to deal with them anymore.
WOULD NOT RECOMMEND: TRY ELOAN, NO ORIGINATION FEE AND MUCH BETTER TO DEAL WITH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
MS
Marisol S.
Apr 23, 2019
May or may not recommend
I was sent a Congratulations letter letting me know I was pre-approved with an invitation code and everything...upto $35,000 which would of had freed me from the struggle I've been going through with my debts. With this I would of cleared everything and make sure I would never get to this place again, especially as a single mom of 2. Well, after being pre approved, I went through ...Show More
MP
Maria P.
Apr 3, 2019
May or may not recommend
The whole process was secure, simple, and satisfying. I was shepherded through the application process and felt supported the entire time, both on the website and by the friendly Payoff customer service staff. I am so excited to be exiting the stressful world of credit card debt!
Timothy J.
Jan 28, 2019
May or may not recommend
They are worse.. first they send you mail with confirmation code & offer you rates then they deny you after taking all your personal info. They kind of bluff people
U
Anonymous
Dec 26, 2015
May or may not recommend
Worse place to do business, if anyone wants a loan just make sure you have a $1000 surplus income also tell them your not paying mortgage or rent because even though they say they don't take it in consideration they do. Before applying only tell them what shows on your credit report. If you have a paypal account that your paying on don't tell them because that doesn't show on ...Show More
U
Anonymous
Feb 21, 2015
May or may not recommend
Their website says that paying off a loan with them doesn't necessarily mean that your credit score will go up, but mine did while I was paying off their loan. That was really exciting to me, because none of the pay day loans I ever got raised my credit score.
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