Thread: Pilot Financing
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Old 10-03-2014 | 08:59 PM
  #6  
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Timbo
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From: Going to hell in a bucket, but enjoying the ride .
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Originally Posted by Stirrin
Hey APC,

I am in a bit of a predicament. I am a 20 year old with my PPL and I'm looking to get the rest of my ratings. Problem is I have no money. There are 3 different flight schools near me. Phoenix East, ATP and a smaller school called Epic Flight Academy. Of the 3, Epic Flight Academy is the cheapest. They quoted me just under 30k for my instrument through to a MEI. They guarantee a CFI job after 3 months of non paid instructing. From what I've seen this is a pretty decent deal. Only thing is they have absolutely no financing. Now I don't know about you guys, but I don't have 30k sitting in my back pocket!
I guess what I am trying to ask is if anyone has ever had any luck finding a lender for flight training under similar circumstances.
W. T. F. ??

Seriously?

3 months unpaid instructing??

No wonder it's so cheap!

Good luck getting a loan for that.

"So, how are you going to pay us back if you are working for free?"
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