Many or all companies we feature compensate us. Compensation and editorial research influence how products appear on a page.
Many or all companies we feature compensate us. Compensation and editorial
research influence how products appear on a page.
Student Loans

Credible Student Loans Review

Updated Feb 28, 2022   |   5 mins read

Key Points:

  • Credible is an online marketplace that helps you compare rates and terms on financial products.
  • You can use Credible for student loans, mortgages, personal loans, credit cards, and refinancing.
  • Getting quotes from several lenders requires just one form.
  • Credible does not underwrite loans itself. Instead, it shows personalized offers from its network of partner lenders.

Credible is an online marketplace that allows you to compare rates and terms on student loans, personal loans, and mortgages, as well as credit cards and refinancing. 

Read this guide to learn more about what Credible offers and the pros and cons of using the service.

In this review:

What does Credible do?

Credible is a loan comparison website for financial products, including student loans, mortgages, personal loans, and credit cards. Once you’ve found an offer you like, Credible will connect you to the lender site, where you can fill out the full application for financing. 

Credible does not underwrite or service loan products or offer credit cards directly. The marketplace simply helps you compare rates and terms for these products.

Which products can I get through Credible?

Credible lets you compare options in six categories:

Credible student loans & refinancing

Student loans are Credible’s main focus. The marketplace offers access to both private loans and refinancing options, and rates start as low as 2.84%

More than 2,200 schools accept Credible partners’ student loans, and borrowers can find financing options for four-year colleges and universities, graduate programs, and professional degrees. You may also see options for deferred and interest-only payment plans.

Credible has partnered with nine private lenders, including Citizens BankSallie MaeCollege AveAscentSunTrust, and others.

>> Read More: List of student loan companies

Private student loans

Credible allows borrowers to shop for student loan options from private student loan lenders. You can use these loans to pay for education-related costs that are not covered by federal student loans, including tuition, housing, food, books, and more. 

To be eligible for most loans, you’ll need to be enrolled at least part-time in an educational program. International students may be eligible, as long as they have a U.S. address and a cosigner who’s a U.S. citizen or permanent resident. 

Private student loan rates and terms vary depending on your financial need, credit history, your school’s cost of attendance, and whether you have a cosigner. Some lenders offer deferred and interest-only payment options, as well as both fixed- and variable-rate loans.

Student loan refinancing

Borrowers can also find options for refinancing student loans through Credible. Refinancing can lead to lower interest rates, lower monthly payments, or a different repayment period.

Credible can help you find refinancing quotes for both federal loans and private student loans from 10 lenders, including SoFiBrazosPenFed, EDvestinU, and RISLA. Rates start at 2.84%, and Credible offers $200 if you find a better rate elsewhere. 

Credible student loan refinancing rates & fees
Fixed APRs 4.54%12.49%
Variable APRs 2.84%11.87%
Prepayment fee$0
Origination fee $0

>> Read More: See how Credible compares to SoFi for student loans

Credible personal loans

You can also shop for personal loans on the Credible marketplace. Loans range from $1,000 to $100,000 and come with interest rates as low as 5.95%.

Credible personal loan rates & fees
Amount $1,000$100,000
Terms 24 – 72 months
APRs 5.95%35.99%

Lenders Credible partners with for personal loans

Credible works with 11 partner lenders to compare personal loan offers. These include:

Credible mortgages & refinancing

You can shop for mortgages loans, as well as options for mortgage refinancing, on the Credible marketplace. You can even get a prequalified quote and get preapproved for your loan right on the site.


To compare mortgage rates, you’ll need to enter some data about your home search. You will also need to agree to a soft credit check, which won’t impact your credit score. Have this information handy while you shop:

  • Details about the properties you’re considering.
  • Your income.
  • Bank account information. 
  • Savings account.
  • 401(k) and retirement account statements.
  • Info on your stocks and bonds. 

A few of the mortgage lenders Credible has partnered with include Caliber Home Loans, loanDepotQuicken Loans, and United Wholesale Mortgage. 

Mortgage refinancing

Refinancing your mortgage might be able to lower your interest rates, reduce your monthly payment, or help you pay off your loan faster. 

On Credible, you can shop for refinancing quotes. You’ll be able to see fixed- and adjustable-rate options, and even opt for cash-out refinance loans that let you pay off debts or other expenses. Once you apply for a loan, you can complete the entire closing process online via Credible’s platform.

Comparison is important

Whether you’re searching for a student loan, looking to refinance an existing loan, or on the hunt for a low-interest credit card, shopping around is critical. Rates and terms can vary greatly by lender.

Using Credible or another comparison tool can help you find the best rate out there. Also consider customer reviews and testimonials, especially if quality service is important to you.