Training Finance

MightyDucks

Has anybody got any idea reguarding getting finance for pilot training. I've been in contact with aib and they have told me that i would need to get onto the bank of whoever my garenture would be.

Does any body no if and how much of a deposit needs to be put down, i no it varys for everybody but a general idea would do,
Thanks

donkey balls

MightyDucks wrote: »

Has anybody got any idea reguarding getting finance for pilot training. I've been in contact with aib and they have told me that i would need to get onto the bank of whoever my garenture would be.

Does any body no if and how much of a deposit needs to be put down, i no it varys for everybody but a general idea would do,
Thanks

basically your parents would have to go guarantor for you which means if you take out a loan of just say 100k and default on the repayments the bank could take your parents house if they use that as the guarantee.

i was offered the 100k from my bank within two days due to the fact that im an house owner did i take the loan? no f**king way

MightyDucks

donkey balls wrote: »

basically your parents would have to go guarantor for you which means if you take out a loan of just say 100k and default on the repayments the bank could take your parents house if they use that as the guarantee.

i was offered the 100k from my bank within two days due to the fact that im an house owner did i take the loan? no f**king way

And were you asked to pay a deposit?ya id be getting my parents as guarantor.Why didnt u take it

donkey balls

as i pionted out to you Mighty why do intergrated when you can do modular by me going full time intergrated how would i live e.g feed my self pay my mortcage&bills for over a year&half
i dont know regarding the deposit as i didnt take it any futher i can see were your coming from going intergrated regarding the ground school.(if you really need to be in a classroom enviorment go to oxford for 6 months full time and get the exams done).

MightyDucks

donkey balls wrote: »

as i pionted out to you Mighty why do intergrated when you can do modular by me going full time intergrated how would i live e.g feed my self pay my mortcage&bills for over a year&half
i dont know regarding the deposit as i didnt take it any futher i can see were your coming from going intergrated regarding the ground school.(if you really need to be in a classroom enviorment go to oxford for 6 months full time and get the exams done).

Are those exams all of the ground exams.all the rest are done in the aircraft?where did you train if you dont mind me asking

donkey balls

im still training Mighty but having worked for an airline in the ops dept dealing with the crews etc i know whats involved.
as for were i trained i did mine in the US if you look through the last thread you posted about PTC i posted the time frame that my mate did his in.

Henry Ford III

Do all aspiring pilots spell and punctuate that badly?

thesweeney

Mighty have a look at Atlantic in Cork. They have a great record and in general a really fabulous school.

Mr Benevolent

MightyDucks wrote: »

And were you asked to pay a deposit?ya id be getting my parents as guarantor.Why didnt u take it

Simple. It's very unlikely that anyone could get a good enough job to pay the loan back in this climate. You'd end up bankrupting your parents as well as yourself.