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How are my original creditors paid through a payoff loan?

Updated over a week ago

If you're approved for a loan, Reach Financial will use your loan funds to pay your selected creditors directly—you don't have to do it yourself.

During the application, you’ll choose which creditors to pay off. We'll show you the balances we found from your credit report, and you can adjust payment amounts if needed.

Once your loan is finalized and funded, payments are typically sent to your creditors within 24 hours. You’ll see the breakdown in your loan documents before accepting the offer.

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