Climb Credit

Climb Credit matches students with verified career training programs and collaborates with schools to offer tailored financing and payment options for their learners.

ABOUT

Climb connects students with career training programs that have been vetted and verified to improve the earning potential of graduates. Because the training programs are pre-vetted, Climb can offer students better financing options than traditional lenders and approve loans for those without jobs or credit scores/history.

CHALLENGE

Today’s workforce faces new and unique challenges. Up to one-third of American workers will need to change jobs or retrain due to the changing economy by 2030, while the costs of education and training programs are rising steadily.

SOLUTION

Climb helps individuals looking to upskill in their current career or re-skill to switch careers by:

Identifying, assessing, and partnering with schools offering the knowledge and skills required for jobs with strong earning potential in today’s economy.
Providing accessible, affordable loans and payment options to students to attend these schools — which will improve students’ earning potential.
Improving the alignment of school motivations with student career and salary goals to ensure that students see a tangible, life-changing impact from their education.

In response to the coronavirus pandemic

Climb recently created a hardship forbearance program so users can pause their Climb payments for two months without accruing any interest to help them manage financial challenges resulting from current events. Climb also worked with school partners to ensure they were still operating remotely to deliver career skills to students, and launched a $250,000 scholarship fund with a school partner aimed at helping unemployed Americans reskill for healthcare careers.

FINANCIAL HEALTH FOCUS

More than 7.2 million jobs remain unfilled in the U.S., but many workers lack the capital to invest in education for reskilling or upskilling and are not always able to access a traditional student loan. Climb is closing that gap by identifying career training programs and offering users customized financing to pursue key skills for improving both their long-term professional and financial prospects.