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Credible Review

Reviews 6,793
Credible
Visit Site
Credible
Credible
Excellent
Reviews 6,793
Michael Dinich
Aug. 03, 2023
2 min read
Michael Dinich
Credible Summary
Credible is a free online personal loan brokerage service perfect for anyone with a high credit rating looking to consolidate debt, finance a major purchase, or open a business.

Pros

  • No fees
  • Get responses in minutes

Cons

  • High credit score required
  • Doesn’t work with credit unions or refinancing companies

Credible Credible Visit Credible

Overview

Credible is an online loans broker that provides fast and free initial responses, ideal for anyone who needs a loan and doesn’t know where to start. It speeds up the process of hunting for a personal loan by sending your application to multiple providers at the same time and running a soft credit check. Credible returns up to 18 preliminary loan offers so that you can easily compare your options and then contact the lender directly to complete the loan process.

With Credible you can get loan offers  from multiple providers and choose the best one for your needs

Suitable For?

Borrowers with good credit scores who want to consolidate their debt. Credible requires a credit score of around 620 and up to qualify for its service, but the lowest APR of  5.20% - 35.99% makes it a potentially cost-effective way to consolidate all debt payments into one.

Loan Features

Credible’s biggest draw is the speed of response. Completing multiple application forms asking for the same information, again and again, is draining and time-consuming, so being able to get responses in minutes from a number of lenders with just 1 application is a big plus. 

Unlike many loan broker services, Credible is transparent about its fees.

You can use Credible to check up on loan offers for different amounts, which is useful if you aren’t yet sure how much you will need. With loan amounts ranging from $600 to $100,000, you can get useful loan offers whether you need to redo your home or just bridge a small gap till your next paycheck.

Highlights for Credible:

  • Fast response time
  • No fees for the service
  • Access to multiple lenders at once
  • Side by side comparison guide
  • Faster path to getting the loan; some lenders can process your request within one business day

The Application Process

Credible’s online application process is streamlined and straightforward and can be started by creating a password-protected account. Choose the personal loans option from the drop-down list and complete a 2-page online application. Credible asks about your education history and employment status, annual income, and credit score. You'll have to provide personal identifying information that includes your social security number, date of birth, and address and share how much you want to borrow and why.

After receiving this information, Credible will carry out a short ‘soft credit’ check to verify your credit rating and identification details. Your credit result and application is then sent on to a number of loan companies.

Within a few minutes, Credible returns up to 18 pre-qualification loan offers. You can compare vital features such as the APR, repayment terms, and requirements at a glance in a clear table, or click through to the website to get more details. Once you find a loan offer that suits you, visit the provider’s website to see if you like their terms and conditions. You’ll finish off the application process on the provider’s website.

Credible requirements:

  • Credit score of 620 and over
  • Citizenship or permanent residency of the United States
  • A checking account in your name
  • You must be over 18 years old

Credible Credible Visit Credible

Loan Terms

As a loan broker, Credible doesn’t extend specific loan terms. The lowest APR for personal loans via Credible ranges from 5.20% - 35.99%. Loan amounts stretch from $600 to $100,000, making it a flexible site for borrowers who aren’t yet sure what they need.

Consumers should remember that terms can fluctuate even after you receive a pre-qualification offer. No loan terms are guaranteed until the lender has performed a hard credit check and confirmed that your application is accepted, so if you get a good loan offer you should act to secure it quickly.

Repayment Terms

Again, repayment terms vary from lender to lender. The maximum repayment term via Credible is 5 years, with some terms as low as 24 months. This is a relatively short repayment term, which could be a problem for borrowers who want to spread their payments out further so as to pay less each month.

Privacy & Security

Credible has a reputation for being trustworthy with your personal details, but they don’t bear any responsibility for the loan companies that might make you an offer. It’s up to the borrower to check out the prospective lending company thoroughly to make sure that they feel comfortable with their policies and approach.

Help & Support

Credible’s website is clear and easy to move through, with an FAQ section that is simple to find. Their FAQs do not cover all the information you might like to know, such as what the requirements are for application, but they are well organized.

We were pleased with their level of customer service; emails are replied to promptly and comprehensively, and they are careful about staying in touch to answer your questions. Credible has a fast telephone customer service team as well as online live chat.

How Credible Compares


CredibleLendingTree
APR5.20% - 35.99%6.99% - 35.99%
Minimum credit score620none
Loan amounts$600 - $100,000$1,000 - $50,000
Loan term24 - 84 months3 - 180 months
Suitable forDebt consolidationComparing a variety of loan options

When compared to LendingTree, Credible has similar APRs but offers higher maximum loan amounts. LendingTree has more flexible loan terms but if you have good credit you'll be able to take advantage of Credible's favorable rates. 

FAQs

How do I know if I'm eligible for a loan with Credible?

Just fill out the quick and easy application form, and if you qualify you’ll instantly receive personalized, prequalified rates on your Credible Dashboard from all the partner lenders you qualify for.

How much does it cost to use Credible?

It doesn't cost anything. Using Credible is free and while its partner lenders do pay a fee, the fee does not impact the terms of your loan or the amount you pay the lender.

How can Credible help me refinance my student loans?

Credible enables you to compare the student loan refinancing products from multiple lenders you qualify for side-by-side, based on all of the criteria that are important to you, like total repayment amount, APR, repayment options, and monthly payment.

Is Credible legitimate?

Credible has an overall 5-star rating on Trustpilot and is considered to be a reliable lender with a solid reputation.

Summary

Credible is a fast and free online loan brokerage service which returns multiple pre-qualification personal loan offers for borrowers. Appreciated by many consumers for its swift response time and clear comparison tables, Credible is a useful tool for anyone with a high credit rating and a need to consolidate debt, finance a major purchase, or open a business. If you don't have good credit rating, you’ll need to look elsewhere.

Physical Address

101 Green Street Level 2

San Francisco, CA

94111

Credible Credible Visit Credible

Michael Dinich
Written by
Michael Dinich
Michael is the founder and CEO of WealthOfGeeks.com. He has worked in personal finance since 1999. He shares unique insights on how to save money, increase income and prepare for retirement. Michael is a sought-after finance professional in the areas of taxation, personal finance, and health insurance planning. He writes for BestMoney and enjoys helping readers make sense of the options on the market.
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Trustpilot reviews
See what some customers are saying about Credible
Credible
Excellent
Reviews 6,793
on
Excellent
87%
Great
8%
Average
1%
Poor
1%
Bad
3%
d
donald sweazy
6 hours ago
your employees
your employees. they were very helpful.
c
customer
8 hours ago
Made the transaction simple.
Made the transaction simple.
M
mike christopherson
17 hours ago
Fast and easy funding
I get 3 to 5 loans a year, this was my first loan with Credible. The loan was funded the same day and in my account the next morning. It was very easy too. Creditable will be the first spot I check every time, and no, I am not a fake review. Big Mikes Guns in Fallon NV.
J
james dean
a day ago
Streamline the search for student loan help!
Made finding a refinancing company very straight forward, brought many options I didn't know anything about.
M
matthew i
a day ago
Great Rates!
Well made system and the cheapest rates I could find.
g
galina
a day ago
Very satisfied customer
Very satisfied customer! The whole process was amazingly fast and easy. Thank you, Credible!
A
ann bluestein
2 days ago
Simplicity of entire thing!
Simplicity of entire thing!
J
jose flores
4 days ago
Everything that was recommended was…
Everything that was recommended was spot on. This was a very good experience.
O
o'darrius caldwell
4 days ago
Helped me easily find refinancing that…
Helped me easily find refinancing that helped me save lots of money in interest.
Y
yangil kim
5 days ago
Convenience
It's very convenient to find a right lender. Thank you so much.
a
asith dias
5 days ago
Approved or not up front and fast…
Approved or not up front and fast process. Definitely recommend and use again
N
no name
5 days ago
Loan choices in minutes
Loan choices in minutes! Lowest rates and loan completion in less than an hour. Thank You!
R
rod s
6 days ago
Got the loan I wanted
Got the loan I wanted
K
kb
6 days ago
Process was quick
Process was quick, easy, and no hassle!
M
margaret
6 days ago
APR Rate was lower as advertised the…
APR Rate was lower as advertised the process was easy and quick Very happy with the results
R
robin
7 days ago
Quick and easy
Quick, easy, positive response.
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allen bishop
7 days ago
It seems too early for an evaluation
It seems too early for an evaluation. I will say I am happy I was able to get the loan.
S
sylvy galvan de lucero
7 days ago
No Help
No hel[ p or guidance throough the process and now being bombarded with emails
D
drf
7 days ago
Process was easy
Process was easy. Agent kept in touch with me on updates. Went a lot smoother than I anticipated.
G
gary link
7 days ago
That u believed I was credit worthy and…
That u believed I was credit worthy and the loan was a great help
J
jim
7 days ago
ompt service and follow through
Prompt service and follow through, good people
W
winifred
7 days ago
Very thorough and easy process.
Very thorough and easy process.
F
francis nor
8 days ago
Efficient
Very fast service.
W
wayne
8 days ago
Great rate
Great rate. Saved me lots of money.
J
jessica murray
8 days ago
Very easy to use.
Very easy to use.
B
bd
8 days ago
Competitive rate offerings
It was pretty simple process but overall was impressed with the reasonable rate options given the high interest rate environment we are in. The refinancing and consolidation of my loans will save me thousands.
J
javone castleberry
8 days ago
Very quick and very easy process.
Very quick and very easy process.
G
george mackay
8 days ago
Easy to work with
Easy to work with. Customer service is great
H
holden weiner
8 days ago
Great having found a loan at a decent…
Great having found a loan at a decent rate.
F
facundo raganato
8 days ago
Awesome
Great experience
C
co in california
9 days ago
Credible works for you and with you.
The process was simple and the staff were very helpful.
consumer-image
dennis christopher delventhal
9 days ago
I have no memory of my purchase
I have no memory of my purchase. Sorry.
D
dhana
9 days ago
The experience was fairly smooth and…
The experience was fairly smooth and easy. The assistance from the call center was very helpful when needed. The transition with my student loan went through very quickly. The correspondence between myself and my agent was very effective and he was very helpful. I would recommend others to use Credible when searching for a new loan or refinancing a loan.
S
suzette merkoski
10 days ago
Knowing that there is help
The ease of the process. User friendly, not stressful
W
wendy george
10 days ago
Fast and easy to use!
Fast and easy to use!
A
anon
10 days ago
I received a lot of spam to see…
I received a lot of spam to see quotes/rates. That was my biggest gripe.
H
henry clark
10 days ago
The site was user friendly and helpful…
The site was user friendly and helpful in my search for a personal loan.
D
david greenburg
10 days ago
Easy and helpful highly recommend if…
Easy and helpful highly recommend if you are interested in refinancing
A
alice anderson
10 days ago
excellent very helpful
excellent very helpful
B
bruce
10 days ago
Quick & Efficient
All worked and was processed great and quickly. Thank You
C
chad bruner
10 days ago
Easy process, and convenient
Just very convenient in consolidating my debt. Process was very easy.
M
min jae son
10 days ago
Very helpful resourses provided prompt that I could…
The response is so prompt that I could get to the right result.
consumer-image
karen rhodes
22 days ago
For I am so happy to think they okayed…
For I am so happy to think they okayed me for this loan to show I can do better in my future Thank You Karen
S
suhani latif
23 days ago
It was great experience and easy to get…
It was great experience and easy to get a loan from credible . Really appreciate their help !
j
joseph keeley
23 days ago
The process was fast and easy
The process was fast and easy
D
david ochi
24 days ago
Great
Great. Fast experience.
R
reggie johnson
24 days ago
It was In-Credible
It was In-Credible! Fast and easy. Would recommend to anyone. You don't have to be smart or computer savvy to get results! Thank you!
L
lyn sanchez
25 days ago
Excellent Tool
Credible helped me narrow down my best options for a loan according to my credit score. This is a great tool for financial options.
C
clement tangie
25 days ago
I was able to get the loan I was…
I was able to get the loan I was looking for.
C
coretta francis
25 days ago
The process was timely and transparent
The process was timely and transparent, I would recommend credible to friends and family.
K
katrina galiza
25 days ago
Review
Transparency
L
lannie shepherd
25 days ago
Credible gave me plenty of good options…
Credible gave me plenty of good options for my loan.
C
celena cleaver
a month ago
Credible streamlined the student…
Credible streamlined the student borrowing experience. Efficient and helpful.
C
cari gray
a month ago
Everything was made to be so simple and…
Everything was made to be so simple and they made me feel comfortable.
J
jaylene marshall
a month ago
Simple process
Simple process
T
todd
a month ago
Straightforward
The process was smooth and easy.
consumer-image
jennifer black
a month ago
Super easy and quickly funded
Super easy and quickly funded
R
rhonda lehmann
a month ago
People were polite and helpful
People were polite and helpful. It would be beneficial to have a list of documents needed to complete the application when you first apply.
E
erin mcgainey
a month ago
It was very helpful saved me hundreds
It was very helpful. I needed to compare companies and review rates and figure out the best option to pay off some credit cards and consolidate into one monthly bill. I found the best option and it saved me hundreds of dollars a month.
C
clark
a month ago
Funds people need fast and easy
Process was easy and funds came very quickly.
D
doug
a month ago
Well it was fast accurate and easy
Well it was fast accurate and easy. This is helping me out a lot. Thanks You!
K
kristian viljanen
a month ago
Good customer service and easy to work…
Good customer service and easy to work with.
M
martin g
a month ago
Easy, fast and excellent loan rates!
Easy, fast and excellent loan rates.
L
lm
a month ago
Easy from beginning to end
Easy from beginning to end. Very pleased with the fast and efficient process. Thank you!
B
b mccaslin
a month ago
Fast easy and convenient
Fast easy and convenient
D
devario lopez
a month ago
Easy to apply
Easy to apply. Customer service was very helpful when I had questions.
T
thu hien nguyen
a month ago
I recommend Best Egg
I had a great experience with Best Egg for my first time :) I didn't get approved few months ago, then they sent me an email last week to let me know that I was qualified for a loan. After I did all the steps, they sent me a text said "congrats, you can expect to receive your funds in 1-3 business days" I did it on Saturday and received the fund on Monday. Super happy 🎉 I didn't have to send them my paycheck or anything about my income. The only thing I didn't like was the fee. I think it was about 5% of the loan. You can choose to receive a full amount and pay for the fee or receive an amount minus the fee. Some companies won't ask you this fee, so you should search around. I mean it's ok, but it did make me feel I paid a high interest for my loan. As I do the math for the amount I received (after minus the fee), the interest is about 32%. Overall, I love how quick and easy it was. The loan helped us release our stress. Thank you very much.
C
calena goins
a month ago
Site wasn't working for me
I couldn't get through my whole transaction. I thought I did, but felt it was odd I never received any correspondence after, so about a week later I logged in and it was back to the beginning asking me to choose a loan. I called Credible, he didn't really know what was going on. I tried again, it would get stuck on one page, so I said forget it. I went to the actual loan company's site and applied through it.
C
carter fuller
a month ago
Easy and transparent process!
Easy and transparent process!
P
patty
a month ago
it was so organized and helpful in…
it was so organized and helpful in informing me about the best loans available at different amounts, the interest rates, the overall interest i’ll pay, and my approval odds. i’ve never needed a personal loan before and credible was a comfort to have access to. i hope i won’t need another but if i do, i’ll be coming back here.
R
rebecca t
a month ago
Easy
Surprisingly easy and I'm amazed that I am not getting spammed after I made my decision.
R
randy madewell
a month ago
Upgrade was very professional kept me…
Upgrade was very professional kept me informed thru the whole process very happy i did my loan thru them
B
bobbi price
a month ago
Found a lender quickly
Found a lender quickly! Application and approval process was super fast! Funds came within 2 days! Interest rate was not too bad!
M
melvin
a month ago
Easy to apply and keeps you informed…
Easy to apply and keeps you informed during this quick and easy process
S
scotch irisheyz
a month ago
Super-Easy process
Credible helped to match my needs with a lender who responded quickly to my request. Had my funds in 3 days. Super-easy process.
E
ellen sealey
a month ago
Quick easy and responsive
Quick easy and responsive. Thank you so much.
K
kr
a month ago
It was timely
It was timely. Easy access website to track progress of other's. Emails that kept me up to date and knowledgeable about next steps or documents needed.
J
joseph clews
a month ago
Very easy to navigate through the…
Very easy to navigate through the process.
P
p. jan geraci
a month ago
Was not difficult to apply
Was not difficult to apply. Pretty easy.
C
ceilo overa
a month ago
Great customer service
Great customer service! They were all patient with my questions and weren't pushy about some products.
E
edgar moreno
a month ago
The best option to find the best rate…
The best option to find the best rate for personal loans tanks
A
a nash
a month ago
Efficient and Accurate
The process was very simple and trustworthy. The automations and integration to other platforms simplified things. I was very impressed and now my home improvement credit debt is consolidated and being paid rapidly. Loved it!
J
jose sala
a month ago
Helped me get the best loan
Helped me get the best rate for a loan with the least fees.
B
brandy
a month ago
So quick and easy
So quick and easy
S
susan s.
a month ago
I appreciatesd the quick approval…
I appreciatesd the quick approval process and being kept aware of the progress.
Y
yves premice bertin
a month ago
Straight forward process
Easy and convenient site
R
rondell brembridge
a month ago
Great everything 10 from 10
Great everything 10 from 10
N
nichole kramer
a month ago
Great experience
Great experience, was able to find exactly what I needed.
consumer-image
david h
a month ago
I applied for a $5,000 loan
I applied for a $5,000 loan. Got approved for $4,000. Received $3,800 but still had to pay $4,000 Hahhaha so I cancelled my application.
S
shafequah perry
a month ago
You guys matched me with people I had…
You guys matched me with people I had great chances with in getting a loan. So I'm appreciative that I didn't have to try many loans & end up with many hard inquiries. Thanks credible!
W
warren lee
a month ago
Fast and easy
Fast and easy
D
deborah brandenburg
a month ago
Customer service is exceptional
Customer service is exceptional. Loan interest rates are abysmal.
c
customer
a month ago
Good - would like to see more info
Not sure I got to see the reasons the other lenders didn't make an offer - that would be nice - otherwise all good and allowed me to compare SOFI with BHG quickly.
D
devon
a month ago
Fast turnover
Fast turnover
J
jackie
a month ago
You get the money fast
I applied and got the money the same day. Such an easy process.
B
brenda barbee
a month ago
This was easy to use and quick
This was easy to use and quick with a response. I had the money the same day as I was approved
L
lucian dudley
a month ago
Fast and reliable.
Fast and reliable.
R
ron
a month ago
Quick and easy process
Quick and easy process
A
ananth kashibhatla
a month ago
Helped me to find out refinancing…
Helped me to find out refinancing company and I am able to find lender easily and with 4% less than my current lender.
L
linda rendon
a month ago
Fast and reliable service
Fast and reliable service