Go Back   RisingUp Aviation Forums > Piloting > Student Pilot
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read


Student Pilot Student Pilot area for sharing experiences, advise, questions and answers.

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1 (permalink)  
Old 03-20-2007, 11:18 PM
Panda Panda is offline
Member
 
Join Date: Nov 2006
Posts: 11
Panda is on a distinguished road
Financial Road Block ...

Greetings all,



My plan was to finance my private, and then finance the rest of my training when I would finish my private. Well i'm 9 hours and a sucessful checkride away from holding a PPL.


Here's the problem, i'm out of finance money. I thought, well i'll pull out a private loan for the rest, with my mother as a co-signer. My mom has really good credit but the problem is that our little private loan was declined due to her having so much other "debt" (2 morgages).


It's been about 8 months since I started training and i'm ready to be done. I could work my butt off for a month or two to save enough to complete the training, but what concerns me the most is finding a mean to finance for future training. Not to mention my degree.


Can anyone relate to this? I feel i'm alone in this matter , though i'm sure most have been through it.


Thanks in advance.
Reply With Quote
  #2 (permalink)  
Old 03-26-2007, 09:02 AM
Imongo Imongo is offline
Member
 
Join Date: Jul 2006
Location: St. Thomas, USVI
Posts: 40
Imongo is on a distinguished road
Credit card???
__________________
Faster, until the thrill of speed overcomes the fear of death!
Reply With Quote
  #3 (permalink)  
Old 03-27-2007, 05:31 PM
Wingtipvortex Wingtipvortex is offline
Member
 
Join Date: Mar 2007
Location: Arlington VA
Posts: 25
Wingtipvortex is on a distinguished road
Geez, what's the rush?

Work full time and pay your way through training part time. If you're doing something you really want to do then that shouldn't be any hinderance.

Unless you've planned your life out to 65 and calculated that it's going to take borrowing money now to get there, (I highly doubt it) it's really not worth it. Most of my friends worked their way through college and the ones that got all expenses paid for by creditors or parents generally partied all through it because they didn't appreciate the experience.

The ones that were most miserable were the ones that didn't appreciate it AND had all that debt at the end. Go figure.
Reply With Quote
Reply


Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 06:01 PM.


Powered by vBulletin® Version 3.6.7
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.0.0