Interviews, jobs & sponsorshipDo ya feel lucky, Punk? Well do ya? If so, here's the place to swap the hot gen on who's sponsoring or employing, their selection criteria, and where those oh so elusive first jobs can be spotted in the wild. Watch out for the tumbleweeds...
Just a quick note to those interested in the loan situation.
I just recieved an email to confirm that all new applicants must apply for their own loans through whatever bank they choose. They do still have contact with HSBC and advised me to contact them as a first option.
The secured loan may not be available in the future.
Are there any other banks who would give such a large unsecured loan? I seriously doubt it. What is the nature of CTC's contract with HSBC now? Does that mean that they still offer the unsecured loan, just not through CTC? I'm totally stuffed if I can't get a loan
Kerosine; Im not sure what the other poster is talking about but HSBC have a professional studies loan of up to £25'000 for people training to be doctors/lawyers etc etc.... unfortunately training to be a pilot is not included!! Google it and you will see.
Anyone any ideas as to where i can borrow the money??? Answers on a postcard!!
Been reading the post for a while now as I'm due out on the CP67 course in October.
I'm an ICP guy, but my loan has all been confirmed, I've passed the tests etc, passed the credit rating etc and all that jazz. However, mine is stuck at the Solicitors stage where you have to get your parents legal advice as it is secured against their house.
I've been let down by HSBC as they've sent the wrong information to me and I've now had to hassle them to re-write the correct agreement between themselves and my parents.
Does anyone therefore know / had the opportunity to speak to anyone regarding the situation? e.g if you're halfway through / 75% through sorting it, how do you stand regarding the loan in september?
I've tried ringing Lynda,m but shes no longer there and Allison is on HOliday and Samantha hasn't rung me back. I've even got onto the securities dept who are tryng to sort the situation out!
Anyone else in similar situa on wings or icp course?
jaimz1982, did you get the full amount of the course cost +living expenses? or have you had to stump up some of the money yourself. I'm trying to sort a place on the iCP course too, but money is all the issue! and no-one from HSBC is about to talk to!
Does anyone know the reasoning behind this change in CTC/HSBC partnership?
Is there anything conrete (i.e. not what osmeone thinks and posts as "I heard...blah blah blah) about why HSBC are stopping funding, and what implications this has for the CTC Wings Cadets?
Same reason people can't get credit cards and mortgages. Banks don't want to lend large sums of money any more regardless of whether you're a CTC cadet, OAA cadet or a starting up a new business. It's in CTC's interests to have this agreement in place but ultimately the decision lies with the lender.
Implications are that new cadets will have to secure an independant loan against a property and/or fixed asset. This makes it effectively unavailable to people such as myself who do not have fixed assets.