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Old 07-07-2018 | 09:12 PM
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SoFloFlyer
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Originally Posted by deftone
This is obviously second hand info from the guy I spoke with as I wont be there until next week, but it appears to be a pro-rata contract. You are on the hook for the full $65k if you were to quit on day 1 of indoc, with the amount reducing over time until its fully paid at the 5 year point. So technically they are providing your financing but forgiving it over time. Im not exactly sure how this works on paper. Im sure its tied up in all sorts of legal jargon. But yes, it will be funded from zero to hero.
Wonder if it would be cheaper/less commitment if they accepted and financed from multi add-on and CFI
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