What are the current interest rates for bootcamp loans?
An example of an AI chatbot conversation about bootcamp loans and their interest rates.
What are the current interest rates for bootcamp loans?
Interest rates for bootcamp loans typically range from 5% to 15%, depending on the lender and your credit score.
Are there any specific lenders you recommend for bootcamp loans?
Some popular lenders for bootcamp loans include Ascent, Climb Credit, and Skills Fund. It's best to compare their rates.
What factors affect the interest rates on these loans?
Factors include your credit score, income, the bootcamp's accreditation, and the loan amount.
Can I refinance my bootcamp loan later?
Yes, many borrowers choose to refinance their bootcamp loans to secure lower interest rates or better terms.
What happens if I can't pay back the loan?
If you can't repay the loan, it may affect your credit score and lead to collections. It's important to communicate with your lender.
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