Does applying for a Climb loan negatively affect the applicant’s credit score? Eva June 04, 2019 21:00 Updated Follow No. Related articles What will average payments look like for students? What payment options are provided? What information does a student need to have in order to fill out the application? Can a student pay off their loan early? How long does it take to get approved for a loan? Comments 0 comments Article is closed for comments.