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Rates and Payments

 Let The Ding King Assist You With Easy Financing Alternatives


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Following is an example of different loan amounts and your approximate monthly payment:

$8,000 Loan = $96 Monthly Payment

$20,000 Loan = $182 Monthly Payment

$26,000 Loan = $262 Monthly Payment

$36,000 Loan = $362 Monthly Payment

$40,000 Loan = $398 Monthly Payment

The monthly payments represented above can be higher or lower depending upon borrower's credit.

Affordable Rates





Our career training loan offers competitive rates that reward for good credit. Our pricing is structured so you get the best possible terms and we even provide guaranteed financing for customers with little or poor credit.

Small Payments





With our 15-year repayment terms, you can keep your monthly payments low and affordable. Payments range from as little as $68 to $398 per month OAC.

Get Cash Back





You can borrow from a minimum of $1,000 up to the cost of your education and equipment. Up to 60% of your tuition amount is allowable for start-up expenses.


 

Loan Applications





You can apply for a Career Training Loan online at www.DingKing.com/funding or fax your application directly to our student loan department. Credit decisions usually are available the next business day. You are under no obligation by submitting your application with Ding King.



Cosigners Welcome





If your credit is less than ideal, you may still qualify for a loan by applying with a creditworthy cosigner. This will help to lower your payment amount by having a lower interest rate. And after you make 24 consecutive, on-time payments of principal and interest, you may request to have your cosigner removed from the loan.



Repayment Options

 

  • Standard Repayment -Make level, monthly payments of interest and principal.
  • Interest-only Repayment - Make monthly interest-only payments.
  • $10 Deferment Repayment - Defer principal payments on the loan up to 12 months and make $10 monthly payments during this time. After the deferment period, you begin standard repayment of interest and principal.

Qualifying students and businesses can participate in any number of Student Programs to help finance tuition, tool and equipment packages:

  •  Student Loans
  • Vocational Rehabilitation
  • SBA
  • Veterans Administration
  • Lease Programs
  • Lines of Credit

 

Quick One Page Application - Zero Down
Low Interest Rates - 12 Month Deferment

And of course we accept:


     
 

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