Climb Credit Payment Plans & Loans

If you qualify for the 0% Interest Financing option, that is the lowest-cost plan available. The comparison below covers the three Climb loan products for students who prefer a longer term or a lower payment during training.

The right plan depends mainly on your cash flow during training and how you think about total borrowing cost versus monthly flexibility.

If you can handle steady payments from day one, the standard Climb Loan with consistent monthly payments has the lowest total borrowing cost of the three loan products, because you pay down principal and interest from the start.

If you need the absolute lowest payment during training because you are not earning income or are between jobs, the $20 minimum payment plan gives you the most runway. The trade-off is that unpaid interest capitalizes, so your total repayment will be higher than the other two loan options.

If you want a middle ground, with lower payments during training but without the full interest capitalization, the interest-only plan offers a moderate in-class payment that keeps the principal from growing.

Your DWC admissions advisor can walk through the numbers for your specific program and help you understand exactly what each plan looks like for your tuition amount.

Applying for Climb Credit financing is straightforward. Climb performs a soft credit check during the initial application, which does not affect your credit score, so you can check your eligibility and rates with no risk. A hard credit pull is only performed once a loan is accepted and funded.

The general process: you select the DWC program you are enrolling in, choose a repayment option, and complete Climb’s online application. Once approved, you will see your specific loan terms, interest rate, and monthly payment amounts before you commit to anything. If the terms work for you, you accept the loan, and it is funded once your class begins. Final approval is subject to Climb’s underwriting.

Your rate depends on your credit profile and the loan product you select. APRs across Climb loan products currently range from 13.99% to 26.24%, and for the majority of Climb loans, APRs fall below 19%.

Climb Credit financing can be combined with other DWC financial aid options to reduce the total amount you need to borrow. If you qualify for the Community Heroes Discount, which provides 40% off tuition for nurses, teachers, first responders, firefighters, and police officers currently working in a qualifying role, the discount is applied first and Climb Credit can finance the remaining balance. Qualifying veterans should check the Next Mission Scholarship first, which provides 80% off tuition for eligible veterans; veterans outside its eligibility window qualify for the Community Heroes Discount instead. The same approach works with employer tuition reimbursement: finance your tuition through Climb and coordinate reimbursement with your employer.

Note that the Community Heroes Discount cannot be combined with other DWC discounts. One discount or scholarship applies per enrollment, and Climb Credit finances whatever balance remains.

If you are pursuing WIOA or DVR funding, talk to your DWC admissions advisor before making any financing decisions. Workforce funding follows its own approval and payment process through your case manager, and our team can help you coordinate timing so your enrollment stays on track.

Learn more: Community Heroes Discount, Next Mission Scholarship, WIOA grant funding.

Any payment amounts, rates, or schedules shown by Climb Credit during application are illustrative examples. Actual loan amounts, interest rates, APRs, and monthly payments vary based on the program, repayment product selected, state of residence, credit profile, and other factors. APRs on Climb loans currently range from 13.99% to 26.24% depending on the loan product selected. For 81.50% of Climb loans, APRs are below 19%. Repayment options are subject to availability, and loan approval is subject to Climb’s full underwriting.

Climb performs a soft credit check during the initial application, which does not affect your credit score. A hard credit pull is performed only once a loan is accepted and funded.

Loans are originated by Climb Investco, LLC. Digital Workshop Center does not endorse loans originated by Climb Investco, LLC, and Climb Investco, LLC is not affiliated with Digital Workshop Center. Licensing: California Finance Lender #60DBO-44527, NMLS #1240013. Climb loans are private loans and do not carry the terms or repayment options of federal student loans, such as Income Based Repayment, Income Contingent Repayment, or PAYE. DWC encourages all students to research their financing options thoroughly before committing to any loan product.

For the $20 Initial Minimum Payment Period loan, a minimum payment is owed during the initial 6-month period, but interest begins accruing as soon as the loan is funded (once class starts). Unpaid interest is added to the principal balance and repaid over the remaining 30 months of the term.