The Referee must start their refinancing or personal loan request through Credible using the same internet browser and device they used to click the referral link. Referral Rewards are limited to one per Referee (meaning one Reward for a student loan refinancing and one Reward for a personal loan). In the event that a borrower clicks multiple referral links, the referral credit will be attributed to the unique referral link that was clicked first. A Referrer may only receive Referral Rewards once per Referee (meaning once for a student loan refinancing and once for a personal loan).
**The Referrer is only eligible to receive Referral Rewards for referring 10 friends under this payment structure. This Referral Reward Program begins on April 4, 2017. Referrals made prior to April 4th will not count towards the 10 referral cap per Referrer.
The amount of the Referral Reward for the Referrer and Referee will be as follows:
For Referees refinancing loan balances that are $20,000 and over:
Any participant seeking to participate in the Referral Program must comply with all applicable laws, regulations and policies, including but not limited to the following:
****The Referrer is only eligible to receive Referral Rewards for referring 10 friends under this payment structure. This Referral Reward Program begins on May 3, 2017.
For the purposes of these Referral Terms, the person making a referral shall be the “Referrer” and the person being referred shall be the “Referee”. The Referrer and Referee cannot be the same person.
To make a valid referral: (i) the Referrer must send the Referral Link Referrer received from Credible (“Referral Link”) to the Referee; (ii) the Referee must use the Referral Link to (a) register their refinancing request or their personal loan request with Credible; and (b) complete the process using the Credible Service from commencement through completion; (iii) the Referee must not have completed a request for refinancing or personal loan offers with Credible in the sixty (60) days prior to submitting their refinancing or personal loan request using a Referral Link; (iv) the Referee must not have refinanced a loan or obtained a personal loan through use of Credible previously; and (v) the Referee’s loan must be completed through funding and not later cancelled.
If you do not have a Referral Link, you may contact Credible at firstname.lastname@example.org for a Referral Link.
Your participation in the Referral Program is solely as an independent contractor. Neither you nor Credible intend to establish an employment relationship and you are not entitled to any benefits.
*The Referrer is only eligible to receive Referral Rewards for referring 10 friends under this payment structure. This Referral Reward Program begins on April 4, 2017. Referrals made prior to April 4th will not count towards the 10 referral cap per Referrer.
For Referees refinancing loan balances under $20,000:
Payment of any Referral Reward will occur via a credit to Giftly.com sent to the email address provided by Referrer or Referee, as applicable, or as agreed between Referrer or Referee and Credible. All persons seeking to claim a Referral Reward must have an active email account to receive payment. Credible will use reasonable efforts to make payment of any Referral Reward within thirty (30) days of loan completion notification from a Provider. All federal, state and local taxes and duties are the sole responsibility of Participants. If the cumulative Reward paid to a Participant in a one calendar year exceeds $599 USD, then a form W-9 may be required to be completed prior to funds disbursement. Payments may not be transferred or substituted. Upon cancellation of the Referral Program, any unredeemed Referral Rewards will be forfeited.
If any provision in these terms are held to be invalid, void, or unenforceable, such provision (or the part of it that is making it invalid, void or unenforceable) will be struck and not affect the validity of and enforceability of the remaining provisions.
Credible Referral Program Terms & Conditions
Devices Used and Multiple Referrals
Credible may suspend or terminate the Referral Program or a participant’s ability to participate in the Referral Program at any time and for any reason.
Credible reserves the right to review and investigate all referral activity and suspend or terminate Credible Accounts, disqualify Participants and/or cancel Referral Awards if Credible believes Participant has violated any law, regulation or policy.
Redeeming Referral Reward(s)
These Terms and Conditions are up to date as of May 2, 2017.
Referral Program Eligibility
Referral Reward Payments
To be eligible to make a referral, you must:
***Once your referral completes a loan refinancing, you have 30 days to refer your next friend to qualify for the increased reward.
For Personal Loans:
How to Make a Referral