Compare Credible vs. Discover Student Loans

What’s the difference between Credible Student Loans and Discover Student Loans? See how our editors compare the two companies below.
Last Updated: April 26, 2018
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Credible Student Loans
9.4 / 10 - Excellent
#7 in Student Loans
Discover Student Loans
9.3 / 10 - Excellent
#10 in Student Loans
vs

Key Facts

  • Prequalify for multiple student loan offers from top lenders
  • Variable APRs as low as 3.78% (with discounts applied)
  • Live chat support available
  • No origination or service fees
  • Accredited and rated A+ by the BBB
  • Undergraduate and graduate student loans with fixed or variable rates
  • No application, origination, or late fees
  • 24/7 customer support from U.S.-based loan specialists
  • Fast online student loan application
  • Good grades and auto-debit award discounts 

 


OVERALL RATINGS

 CredibleDiscover
Loan Specifics9/109/10
Qualifications10/1010/10
Customer Experience10/109/10
Company Reputation10/109/10

 CredibleDiscover
Loan Types
Undergraduate
Graduate
Career Training
Undergraduate
Graduate
Loan Term
5, 7, 8, 10, 15, and 20 years
Loan terms with Discover can vary, yet the company states loan repayment periods can span 10 or 20 years and are based on the borrower's creditworthiness.
Interest Rates
Fixed
Variable
Fixed
Variable
Fixed APR Range
As low as 5.10%
6.49% APR - 11.99%APR for Undergraduate Student Loans 6.49% APR - 12.99% APR for Graduate Student Loans
Variable APR Range
As low as 3.78%
4.99% APR - 11.24% APR for Undergraduate Student Loans 4.99% APR - 12.49% APR for Graduate Student Loans
 CredibleDiscover
Repayment Options
Deferred
Fixed
Immediate
Interest-Only
Deferred
Fees
Loan Application
Loan Origination
Late Payment
Collection

Credible Qualifications


Credible Customer Experience

 CredibleDiscover
Online Quotes

Credible Company Reputation

 CredibleDiscover
Lender Type
Marketplace
Bank
Year Founded
2012
1985
BBB Rating
A+
A+
Number of BBB Positive Reviews
46
0
Number of BBB Negative Reviews
1
43
Trust Pilot Rating
9.5 out of 10
8.4 out of 10
Date Collected
2018-03-27
2018-03-22

Consumer Litigation and Regulatory Actions



Company Profile

Full Name
Credible Student Loans
Discover Student Loans
Company Website
Headquarters
101 Green Street, Level 2, San Francisco, CA, 94111
502 East Market Street, Greenwood, DE, 19950

Final Verdict

Credible Student Loans and Discover Student Loans are very close in quality and have the same overall rating. That said, Credible scores better than Discover across: Customer Experience, and Company Reputation. Whereas, Discover scores better on Qualifications. Both companies score similarly on Loan Specifics.