Credible simplifies student loan refinancing by offering a marketplace business model.

San-Francisco-based startup Credible has launched a service to help recent graduates extricate themselves from high fixed costs, find alternative lenders, and save money on their student loans.

With more college grads waiting on the sidelines of the job market, it’s not too bold to say that Credible might just be the light at the end of the tunnel. The online platform’s rate comparison model makes it easier for people to figure out if it’s possible for them hold lower interest rates and if it’s beneficial for them to switch lenders.

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