Software Alternatives & Reviews

CollegeBacker VS Student Loan Hero

Compare CollegeBacker VS Student Loan Hero and see what are their differences

CollegeBacker logo CollegeBacker

Crowdfund a tax-free college savings account

Student Loan Hero logo Student Loan Hero

The smartest way to pay off student loans
  • CollegeBacker Landing page
    Landing page //
    2023-07-16
  • Student Loan Hero Landing page
    Landing page //
    2023-08-02

CollegeBacker videos

FinovateSpring 2019 / CollegeBacker

More videos:

  • Review - CollegeBacker on The Balancing Act: Choosing the Right College Savings Plan for Peace of Mind
  • Review - Conversion opportunities for CollegeBacker

Student Loan Hero videos

What is Student Loan Hero?

Category Popularity

0-100% (relative to CollegeBacker and Student Loan Hero)
Education
44 44%
56% 56
Fintech
23 23%
77% 77
Tech
29 29%
71% 71
Personal Finance
0 0%
100% 100

User comments

Share your experience with using CollegeBacker and Student Loan Hero. For example, how are they different and which one is better?
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Social recommendations and mentions

Student Loan Hero might be a bit more popular than CollegeBacker. We know about 2 links to it since March 2021 and only 2 links to CollegeBacker. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

CollegeBacker mentions (2)

  • No one likes my registry
    I’ve heard great things about this website, too! Makes it easy for family and friends to contribute. https://backer.com/. Source: over 1 year ago
  • Financial moves for wife who wants to later become stay at home mom
    - If you want to pay for college for kids, you can start a 529 plan BEFORE they are born (put it in your name, transfer it to them). Check out companies like backer (https://backer.com/) - family and friends can contribute to these 529 plans... Especially if you take the advice above re: free and for sale / buy nothing groups, you can tell your family / friends you rather they contribute to your kids' college (and... Source: over 2 years ago

Student Loan Hero mentions (2)

  • Applying for Waiver: do I have to consolidate?
    You can switch plans but each time you do, the interest capitalizes. If you are getting forgiveness it will be discharged regardless at 120 payments but it's worth knowing. You can compare and estimate payments for plans here https://studentloanhero.com/ which should give you ballpark figures. Source: almost 2 years ago
  • Any reason not to pursue PSLF? 365k debt
    When do you finish school? If you have loans with multiple levels of forgiveness, consolidating will bring them all to the highest count. At this point it needs to be done before October. I wouldn't consolidate the Perkins loans because qualify employers can allow you to defer and forgive a percentage annually until they're forgiven over 4 years. I think the only disadvantage is that if you were to pursue an... Source: almost 2 years ago

What are some alternatives?

When comparing CollegeBacker and Student Loan Hero, you can also consider the following products

WeFinance - Crowdfunded student loans

Blair - Financing students through Income Share Agreements.

Quottly - Search & enroll in affordable college courses

LendEDU - Student loan debt consolidation & refinancing

College Scorecard - White House powered open database for exploring US colleges

Richie Lending - Shopify for business loan brokers. Our platform helps start, run, and scale a business loan brokerage.