Climb Credit Launches New 0% Interest Rate Payment Solutions to Help More Learners Access Skills Training and Refresher Programs

NEW YORK, January 27, 2021 / PRNewswire / – Climb Credit today announced the launch of two new 0% interest payment options for people pursuing skills training, retraining or continuing education programs. Climb’s new “Pay as you go” plan, which spreads tuition fees over the duration of the program, as well as a new 0% interest rate loan were added as a result of job training payments from Climb at a time when millions of Americans need access to training. to improve your skills, develop your skills or move on to a new career path. This launch underscores the company’s evolution towards a comprehensive higher education loan and payment platform.

“The vocational education and training market is underserved by financial services, and the options that exist often leave out those who need funding the most: the unemployed and the underemployed. ” noted Angela Ceresnie, CEO of Climb Crédit. “By serving this market with accessible and affordable loans over the past 5 years, we have recognized that people participating in skills training programs have a wide variety of backgrounds and financial circumstances and therefore need a variety of ways to pay. This is why the launch of these new solutions is so exciting for us. “

More recently, Climb introduced a pay-as-you-go option that allows learners to pay over the duration of the program and does not include the approval requirements for a standard loan. Providing students and schools with this payment option increases accessibility for those who might otherwise not choose or be approved for a traditional loan. This option also has the advantage of allowing learners to avoid interest and loan fees, and to pay over time rather than paying everything up front, a critical need for many American households who have lost their homes. salary during the 2020 Covid-19 pandemic.

“In this economy, our students are more concerned with spending their savings right now, so the inclusion of the Pay-as-you-go option has been extremely helpful in making sure people are confident in the process. registration.” noted Lisa Nuessle, general manager of Ironhack. “Helping students navigate all of the payment options was time consuming, but Climb also made the user experience very clear so that students could easily navigate and choose the option that was best for them. “

Enrollments are expected to increase by a median of 25% year over year2 vocational training and vocational training programs supported by Climb. This increase in demand is not surprising given that career stability is a priority for millions of Americans, illustrated by the fact that 42% of employees trained on their own after the coronavirus outbreak.

Both new options include a simple setup for seamless addition to the school’s financial aid offerings. These new, learner-friendly options are available in a number of Climb partner programs including Zollege, Array School and others. The options will be made widely available to all programs that pass the Climb Partner Due Diligence process – a review conducted to ensure that Climb Network training providers deliver career advancement results to their learners. To learn more about these options or to become a Climb Approved School Partner, click here: https://climbcredit.com/partners

About climbing

Climb (NMLS # 1240013) is an innovative student payment platform that makes career creation and transformation more accessible, affordable and responsible than ever. Driven by a mission to empower individuals to unlock their career potential – regardless of their credit profile – Climb identifies programs and schools with a demonstrated ability to improve the incomes of their graduates. Then, they provide learners with financing options that are priced and structured to meet the unique needs of those seeking career rise and increased earning power. Recognizing the vibrant and diverse nature of a rapidly changing economy, Climb partners with schools that teach everything from cybersecurity to healthcare training, heavy machinery operations to data science. , and the culinary arts to coding. While some colleges struggle to meet the real needs of their students, Climb and its partner schools are committed to providing an inspiring, hands-on approach that brings real career results as individuals take ownership of their next chapter. For more information, visit https // climbcredit.com or follow @ClimbCredit on Facebook, Twitter and Instagram.

1 Based on a 2018 survey of visitors to the Climb website.
2 Based on a survey of over 45 schools that collectively educate over 40,000 students per year.

Contact: Laura Fitzpatrick, [email protected]

SOURCE Ascent Credit

Related links

http://www.climbcredit.com

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