Insight now offers deferred payment loans
Insight and Climb Credit partner to lower the barrier to thriving careers
At Insight, we want to make sure that everyone with the right skills can participate in our programs, regardless of financial challenges. So, in addition to offering several scholarships to help reduce the barriers that keep you from taking those first steps to launch a thriving career, we are now offering deferred payment loans to Fellows in all of our programs through a partnership with Climb Credit. These loans are offered through Climb Credit’s upfront financing, and are financially backed by Insight to support our Fellows during their career transition.
Climb Credit Financing
Climb allows Fellows to make manageable monthly payments over a few years. Their loan process is simple and fully-online, and the vast majority of applicants receive a funding decision almost immediately. This application process doesn’t do a hard credit check, so applying won’t have a negative impact on your credit score. Climb works with people from all kinds of credit backgrounds, including those without any credit to their name.
Climb Offers:
- A quick online application, which can be completed in as little as 5 minutes with no impact to credit
- High loan approvals — including financing for people with no credit
- Instant decisions 90% of the time, with the ability to accept and e-sign your documents in just a few clicks
- Climb allows you to set up auto-payments, so you don’t have to remember to make your payment each month. As an added bonus, they will reduce your interest rate by 0.25% if you sign up for autopay.
- You can pay off your loan early without any pre-pay penalties
- No payments until 9 months after you join Insight, ensuring you meet all components of the Insight guarantee
Backed by Insight’s Guarantee
As with all of Insight’s financing options, the Deferred Payment Loan option is backed by our guarantee: you will only complete the financial commitment if you achieve the high level of success that we expect for our community. When you select financing through a Climb loan, you only pay if you accept an offer for a relevant job earning at least $100,000 (and that offer is dated within 6 months of the end of the program).
Helping our Fellows into thriving careers
Ultimately, all of our partnerships and initiatives have one goal — the long-term success of our Fellows. We’ve helped more than 3,000 Fellows start thriving careers at over 700 top teams. 88% of our Fellows join relevant roles within six months of joining the program, and we continue helping every Fellow until they find a good fit.
And their success continues well beyond the 7 weeks of our program. The same strong drive and collaboration that makes our Fellows successful in our program helps them become leaders in their fields. Our Fellows lead teams at industry pioneers like Amazon, Apple, Bloomberg, Capital One, CVS, Facebook, Google, LinkedIn, Lyft, Microsoft, Netflix, Pinterest, Spotify, Stitch Fix, Tamr, Twitch, Twitter, The New York Times, Uber, Wayfair, and Yelp. Our Fellows also lead teams at hundreds of high-growth startups, and several alumni have gone on to start their own innovative startups.
The most rewarding part of our program, and the reason Insight exists, is the experience we provide for our Fellows. We’re incredibly excited to continue helping our Fellows transition to thriving careers with a growing number of financing options.
Interested in transitioning to a thriving career? Learn more about the Insight Fellows Program and start your application today.
* While Insight offers all of our other financial aid options to all Fellows, Climb Credit can only offer financing to US citizens or Permanent Residents.
