Getting an education is something that most parents really trying to emphasize as being important to the kids. This is getting tougher to do because of the huge expense that so many students end up with because of the education costs. For those faced with this debt perhaps Credible can help.
Credible is a third party financial lending institution that has really focused on providing loans to students to help them pay off their student debt.
Credible is promoting the fact that they believe they can offer the most competitive loan rates to student who want to refinance their loans. While there are other companies that do this, Credible is indicating that their services are hassle free and much easier for the student to use.
The hype really revolves around the fact that there are so many students in debt and they need resources to re-finance their loan. Credible appeals to a lot of students because they are up front with the fact that they cater to students, and this gives indicators that they are sensitive to the student’s needs.
The cost for using the Credible services is zero as its free. Of course the cost comes in with the interest that will be charged on the re-financing of the student loan itself.
The commitment is really on behalf of the student. They are the ones that need the loan so therefore they are the ones that need to take the time to do the research in order to be sure they fully understand what Credible is prepared to do for them.
There are so many different types of loan companies out there that it can be really difficult knowing just how Credible, this Credible really is. However, one source is the BBB (Better Business Bureau) and today they are giving the company an A+ rating. This in itself should not be the only reason a student decides to go with Credible. When checking them out at Consumer Affairs it appears as though the Company has not yet been accredited with them however there are some reviews with the majority focusing on the decent customer service Credible has to offer. Credible works with some pretty credible lenders, and really what they offer that is so valuable is the ability for the student to look at loan comparisons without having to do all the legwork of going to each lending institution separately. Credible is not the actual money lender.
Final Credible Review
Although there is not a lot available in regards to feedback we are prepared to give Credible a thumbs up rating. Mostly because they don’t just offer one potential lending option to applicants but they come up with several. This gives the student some choices and allows them to do a decent comparison. Credible has been around since 2012 so they are definitely established.
Aside from student debt and student loans there are plenty of other people who need to take advantage of short term loans. Some of these have been checking out Hundred Day Loans.
What do you think? Does Credible work or not?