Credible

Credible is an online marketplace that lets users compare prequalified rates from multiple lenders for mortgages, mortgage refinances, student loans, student loan refinancing, and personal loans. The goal is to help borrowers see real rates before a hard credit pull.

How it works

Fill out a short form with basic financial information and receive prequalified rates from partner lenders with a soft credit inquiry that does not affect your credit score. Pick the best offer, finish the application with the lender of your choice, and close the loan through that lender.

Key features

• Prequalified rate comparison across multiple vetted lenders
• Soft credit inquiry for initial rate quotes
• Mortgage, refinance, personal loan, and student loan products
• No cost to use the marketplace
• Editorial content explaining loan terms and borrowing basics
• Secure data handling with bank-level encryption

Who is it for

Credible fits borrowers who want to shop multiple lenders without pulling their credit several times, homeowners considering refinancing, and graduates looking to refinance federal or private student loans into a lower rate.

Reputation

Credible is owned by Fox Corporation and partners with a broad set of mainstream lenders. It has been referenced by outlets such as CNBC, Business Insider, and U.S. News as a resource for comparing consumer loan rates.