With the Zero Percent Loan from Ascent Funding:

  1. In the pre-qualification process, Ascent Funding will conduct a soft credit check with no impact to your credit score. All applicants must pass a credit review that checks for certain derogatory credit items; however, there is no minimum credit history or credit score required for loan approval for the Ascent Zero Percent loan.

  2. Once you begin repayment, you’ll make low, predictable monthly payments for 60 months.

  3. You will qualify for additional deferment options to delay the start of your repayment until your total monthly income is equivalent to $40,000 per year ($3,333/month).

With the prior Success Sharing Agreement, learners were not required to repay until they secured a new job making over $40k. With the Zero Interest Loan from Ascent Funding, you will qualify for additional deferment options to delay the start of your repayment until your total monthly income is equivalent to $40,000 per year ($3,333/month). This means that if you are currently making over $40k, or if your income from your current job increases to $40k or more, you will start repayment after the end of your Job Success phase. Visit here for more information about payment.

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