Credible Personal Loans

Since 2012, Credible has offered personal loans to consumers with fair to excellent credit scores.

Founder and CEO Stephen Dash initially created Credible as a means for borrowers to relieve the burden of student loan debt (they also offer student loan refinancing) but eventually added personal loans to their list of services.

Personal loans offered through Credible's partner lenders can be used to consolidate credit card debt, renovate your home, or fund a personal expense like a wedding or vacation.

You can receive real, personalized offers from up to 10 lenders in just 2 minutes by filling out a single online form, which saves you time and allows you to compare rates easily.

To apply for a personal loan through Credible's comparison marketplace, you must meet a few requirements:

• You must be a US citizen or permanent resident
• You must be at least 18 years of age
• You must have a valid checking account in your name
• You must have fair to excellent credit -- usually a credit score of 600+

Filling out an application through Credible's website is free and easy. First, you have to create an account by entering your email and password and indicate that you are taking out a personal loan. Once you have done that, you simply have to enter some basic personal and financial information that includes:

• Your name
• Date of birth
• Social Security number
• Estimated credit score
• Employment information
• Annual income before taxes
• How much you want to borrow
• What you plan to use the funds for
• Your highest completed level of education

Credible will authorize a soft credit check (which does not affect your credit score) to confirm your financial information. They can do this quickly since they work with the three major credit bureaus (Experian, Equifax, and TransUnion).

If you pre-qualify, you will be shown several loan offers by Credible's vetted lenders. At this point, you can choose a loan and fill out a full application through your actual lender. Keep in mind that you are under no obligation to follow through with any of your loan offers and that prequalifying does not guarantee that you will ultimately receive a loan. Your loan terms -- interest rates, repayment terms, and more -- depend greatly on your credit history.

Credible's client support team will keep in touch with you through the entire loan application process. Customers can contact them through phone, email, or website chat functionality to speak directly with a representative.

Contact Credible: Email: [email protected] Phone: 866-540-6005