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The company was founded in 2012 by Australian entrepreneur Stephen Dash. Credible originated as a platform for refinancing student loans. Its online consumer loan marketplace has subsequently expanded to include loan origination, credit cards, personal loans, and mortgages. [6] [7]
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government). It is the practice of predicting or forecasting the ability of a supposed debtor to pay back the debt or default . [ 1 ] .
Lenders do not conduct a hard credit check or review your credit history with a no-credit-check loan. The application review process and decisions for no-credit-check loans are based on other ...
A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely principal and interest payments and the likelihood of default.
A debt consolidation loan can provide a lower interest rate than most credit cards. According to Bankrate data , the average personal loan currently has an interest rate of around 12 percent.
Use a balance transfer credit card: If you qualify for a balance transfer card with a0 percent introductory rate, you could move several credit card balances into that account to pay them off ...
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