Credible Integration Now Available to LoanBuddy Users

Feb 26, 2019 12:00:00 AM

Los Angeles — LoanBuddy announces a new integration with Credible, an online marketplace of lenders that enables borrowers to find competitive personalized loan offers from multiple vetted lenders in real time. Credible easily helps individuals in comparing student loan refi options from top lenders to find a loan that best fits their goals. Whether your goal is to save thousands in interest over the life of the loan or to lower your monthly payments by hundreds of dollars per month, Credible has options for you.

Credible provides student loan refi rates from up to eight top lenders on their marketplace. The lenders compete to provide the best available options to borrowers. It just takes two minutes to check to see how much you can save with no impact to your credit score and no cost to you.

“We have been developing features over the past year and had a placeholder for refinancing located at the bottom of the LoanBuddy dashboard for a few months now,” said Alex Bottom, Co-Founder of LoanBuddy. “Together we (Co-Founder Ryan Inman) evaluated several potential partnerships with the help of our new Co-Founder, Robert Farrington and decided that Credible would be the most effective due to its marketplace and availability of a basket of lenders.”

LoanBuddy’s technology helps financial planners understand federal repayment programs. “When their clients who are not enrolled in federal repayment programs, could save by refinancing, they can now consolidate their loans with our partnership, combining them into a single loan that is more manageable,” Bottom said.

Credible has been instrumental in helping hundreds of thousands of borrowers see how much they can be saving. There is no impact to a credit score for just looking at rates. LoanBuddy empowers Financial Planners with tools to help their clients track their private and federal student loan debt and automatically generates client-facing reports based on their NSLDS file. Making calculations for pro forma tax projections on loan forgiveness has been made simple.

About LoanBuddy

LoanBuddy is useful for planners who work with graduates of any amounts of student debt and helps their clients enrolled in Public Service Loan Forgiveness most commonly known as PSLF manage this process. Historically a major portion of financial advisors have been focused on selling products and spending 100% of their time with assets under management or retirement strategies. LoanBuddy is shifting this paradigm for younger financial planners who are building up their practices and looking for lifetime clients. With U.S. student loan debt now exceeding $1.5 trillion, Certified Financial Planners (CFP’s) are uniquely positioned to help borrowers manage their financial health with LoanBuddy tools. LoanBuddy now has 200+ financial planners utilizing their software to currently track $85 million of client student loan debt and growing.

About Credible

As a marketplace that empowers consumers to discover financial products and services that are the best fit for their unique circumstances, Credible.com is fiercely independent and committed to delivering fair and unbiased borrowing solutions for millennials. Credible’s integrations with lenders and credit bureaus allow consumers to access actual rates in two minutes, without sharing their information until they’re ready to proceed with a specific lender. The Credible.com marketplace provides an unrivaled customer experience, as reflected by over 1,800 positive Trustpilot reviews and a TrustScore of 9.5/10. Credible (CRD.ASX) is listed on the Australian Securities Exchange (ASX).

Los Angeles — LoanBuddy announces a new integration with Credible, an online marketplace of lenders that enables borrowers to find competitive personalized loan offers from multiple vetted lenders in real time. Credible easily helps individuals in comparing student loan refi options from top lenders to find a loan that best fits their goals. Whether your goal is to save thousands in interest over the life of the loan or to lower your monthly payments by hundreds of dollars per month, Credible has options for you.