Interest-Free Recurring Payments FAQ

  • What are Interest-Free Recurring Payments?

    • 0% interest recurring billing plan with no credit check. Split tuition payments over the course of the program to maintain your savings. No credit check or approval required!

  • What are student's pay back options?

    • Pay in full before class

    • Pay the tuition throughout the length of the course

  • How do students apply?

    • There is no application process. You will provide the payment link to the student to make the first payment. Subsequent payments will be automatically processed according to the schedule setup. All payments must be completed before the course end date.
  • Will students have their credit checked? (soft-pull or hard-inquiry)
    • This is a non-loan payment option, so no credit check is completed. 

  • How do students make payments?

    • Credit, debit card, ACH

    • International cards under Visa and MasterCard logo are supported

  • Forms of payment acceptable

    • Credit, debit card, eCheck

    • International cards under Visa and MasterCard logo are supported

  • Can a payment be made on behalf of the student?

    • Yes.

  • How long does it take for payment to process?

    • Card funding takes one business day.

    • ACH funding takes four business days.

  • What are the repayment terms?

    • There is no limit on the number of payments that can be made, but payments do not extend beyond the length of the program.

  • Setting up recurring payments

    • Students will automatically be set up on recurring payments if paying via Interest-Free Recurring Payments.

  • What happens if a student misses a payment?

    • School would not let student attend if payment is late or fails. 

  • What is the annual fee?

    • No fees for the student

    • For a small fee, Climb handles all collections and payment management.
  • What is the APR?

    • 0%

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