Getting a loan?
12-20-2010 | 11:07 AM
#11
Gets Weekends Off
Joined: Mar 2009
Posts: 124
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re:
yeah, the best way to do it is to get it done at once, but not necessarily getting a loan.
You can go to sallie mae and get a loan quite easily, but the real trick is paying that leech off quickly. A lot of people don't have the will-power to use any extra money to help pay off a loan, and that's where they begin to run into trouble.
$4k really isn't all that much and not really worth it when it comes to getting a loan. I'll bet you could save that in 6 months and avoid the hassle a loan will give you.
You can go to sallie mae and get a loan quite easily, but the real trick is paying that leech off quickly. A lot of people don't have the will-power to use any extra money to help pay off a loan, and that's where they begin to run into trouble.
$4k really isn't all that much and not really worth it when it comes to getting a loan. I'll bet you could save that in 6 months and avoid the hassle a loan will give you.
12-24-2010 | 07:24 AM
#12
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Joined: Apr 2008
Posts: 810
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From: King Air 200 CA Hawker 800/900 FO
Quite frankly, I'm not thinking that far ahead at the moment. All I'm thinking about is the PPL. 8000? That's twice the price for the PPL at Long Beach Flying Club. I'll be soloing pretty much right when I get back into training, so I'm not $4000 away from a PPL.
My concern with going once a month is not that I'm impatient, but once a month will get me nowhere. Obviously...
So yeah in a nutshell, all I want is financing to get my PPL, as I'm not too far off. I'll deal with the other ratings in the near future.
My concern with going once a month is not that I'm impatient, but once a month will get me nowhere. Obviously...
So yeah in a nutshell, all I want is financing to get my PPL, as I'm not too far off. I'll deal with the other ratings in the near future.
Just wanted to give you some realistic expectations and especially because money is tight.
If money is that tight you may be better off working your butt off, extra shifts, OT, etc to save up for training and knock it all out at once.
12-24-2010 | 07:48 AM
#13
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Joined: May 2009
Posts: 474
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I used to post here about a year and a half ago.
Training was put on hold as I had to work on myself. Well, now here I am all better and ready to fly. However, money's a bit tight. I'd only be able to afford two one hour lessons per month. At that rate, I'll never get any ratings.
Anyways, is there anyone here who has knowledge on getting a loan for a rating? Basically, I'm dying to get my PPL. I was talking to a Skywest pilot and he said the best way is to get a loan and do the rating at once.
Anyone got any tips? Much appreciated. Thanks in advance.
Training was put on hold as I had to work on myself. Well, now here I am all better and ready to fly. However, money's a bit tight. I'd only be able to afford two one hour lessons per month. At that rate, I'll never get any ratings.
Anyways, is there anyone here who has knowledge on getting a loan for a rating? Basically, I'm dying to get my PPL. I was talking to a Skywest pilot and he said the best way is to get a loan and do the rating at once.
Anyone got any tips? Much appreciated. Thanks in advance.
12-30-2010 | 02:39 AM
#14
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Joined: May 2007
Posts: 101
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