Is Happy Money legit?

Happy Money is a legitimate personal loan company that has provided billions in loans to more than 200,000 customers. It works with credit unions and community banks to provide debt consolidation loans to those with a FICO credit score of at least 550.

• 66 Reviews analyzed
• 2/23/23 Verified not a scam

What is Happy Money?

Founded in 2009, Happy Money is an online personal loan company that partners with community-based lenders to provide personal loans. Its primary loan product, The Payoff Loan, is a debt consolidation loan that’s designed to save customers money on interest by combining their debts into one payment.

What consumers say about Happy Money

Customers frequently commented on customer service and ease and speed of the application process. For instance, Ockrass of NY, had this to say about their experience: “Amazing customer service with clear and concise documentation of what plans and terms agreed to. Online portal to follow payments. Amazing service.“

However another ConsumerAffairs reader, Paul of South Pasadena, CA, offered this about his negative experience with Happy Money: “When I called them to ask them why they keep asking for documents they already have and if they needed anything more they said, no, you are in good shape nothing else is needed your loan is in review. Now they tell me I have to start the entire process over with them.”

Note that there are few reviews of Happy Money from ConsumerAffairs readers, and we reviewed overall sentiment from other review sites.

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