Credible Blog

2 weeks ago | credible.com | Rebecca Safier

Student loans aren't just for students; parents can borrow them, too. In fact, 3.6 million Americans owe more than $110 billion in parent PLUS loans — the federal loan option for parent borrowers — as of the fourth quarter of 2024. However, parent PLUS loans have the highest interest rates and the least repayment flexibility of all federal student loans. If you have a parent PLUS loan and are looking to lower your cost of borrowing, refinancing with a better interest rate could offer a solution.

3 weeks ago | credible.com | Melanie Lockert

Law school is expensive, and most students need to borrow to cover the cost. According to a 2024 survey from the American Bar Association, 85% of recent law school graduates took out student loans to pay for their J.D., and the median amount borrowed was $112,500. Federal student loans are usually the best option for law school because they offer flexible repayment plans and the potential for forgiveness. But if you have strong credit, a private law school loan could offer a lower interest rate.

3 weeks ago | credible.com | Lindsay Frankel

When you apply for a loan, most lenders check your income to make sure you earn enough for repayment. But that doesn’t mean low-income workers are ineligible for a loan. If you have a low-income job or live on government benefits, you may still qualify for a personal loan from an online lender. Learn about some of the best low-income lenders, how to compare your options, and when to consider alternatives. Personal loans for low incomeLenderFixed (APR)Loan AmountsMin.

1 month ago | credible.com | Meredith Mangan

With a debt consolidation loan, you can lower your monthly payments on existing debt and possibly get a lower interest rate as well, saving you money in the long run. But if you have fair credit, it’s not a sure thing that you’ll qualify for a debt consolidation loan. To help, we’ve compiled a list of the best personal loans for fair credit that you can use for debt consolidation and credit card refinancing. We’ll also provide tips on how to improve your application and lower your rate.

1 month ago | credible.com | Timothy Moore

Everyone deserves some rest and relaxation, but what if you don’t have the cash on hand for a vacation? Rewards credit cards and payment plans offered by travel destinations may be viable options, but one of the most affordable ways to finance your travel is with a vacation loan. Our experts researched the best personal loans for vacations and chose Upgrade as the top pick, based on competitive interest rates, high loan amounts, fast funding, long repayment  terms, and an autopay discount.