View Single Post
Old 01-29-2016, 02:27 PM
  #8  
JCMallory
New Hire
 
Joined APC: Jan 2016
Position: Recruiter
Posts: 9
Default

Never is a strong word, but the financial burden can be debilitating depending on how you finance your training.

I did use some financing ($25K), and got my private, instrument, and part way through commercial. When the money ran out, I took it slow. I wasn't going to ruin my future by taking on more debt. As some have pointed out already, the payments on these unsecured training loans can be astronomical. So, it took me three years to finish my CFI, but I was able to survive, learned a lot about the industry, and have retained my high credit score.

The sense of urgency created by flight schools to get training done fast is the oldest marketing trick in the book. Take your time, do a great job along the way, and you'll get there.
JCMallory is offline