Student loan marketplace Credible.com now offers Sallie Mae’s Smart Option Student Loan on its platform.
“The addition of Sallie Mae to the Credible.com platform furthers our goal of empowering borrowers by providing them with choices and the information they need to make decisions that are right for their unique circumstances,” Credible.com founder and CEO Stephen Dash said.
The Sallie Mae Smart Option Student Loan offers both fixed and variable interest rates with no origination fees or prepayment penalties. Payment options include monthly interest-only payments while in school, fixed monthly payment while in school or payments deferred until after graduation. More than half of Sallie Mae customers make payments while still in school and see significant savings, the company said in a release.
Sallie Mae joins Citizens Bank, CommonBond, College Ave, iHELP, and Rhode Island Student Loan Authority.