Diamonds and holidays if she is anything like my girlfriend!
Hi Hustler,
Similar situation to yourself – I know that I want to fly but in order to learn it’s either the sponsorship route, which I’m not relying on or fund myself route, which requires lots of cash that I don’t have! So looks like to do it I need to get a loan, however the only good thing going for me a the mo is the fact I’ve been to uni and got a good degree (like lots of people out there!) because I can’t seem to find the graduate job/career that will provide the all important back up plan. Since uni I have been working for Natwest (keeps me afloat and the student loans company off my back) and whilst been there I have seen people borrow silly amount of money to start up their own businesses, which if you think about it carry the same amount of financial risk as getting work as a pilot. But they all had things in common
·They came in smart. (Shows you mean business and your serious!) – remember your selling your self and in the sales industry first impressions count!!!!
·They knew all the fine details of what they were going to do and how they would achieve it. (i.e. you could put across to them what qualities are needed to pass ground school and how you’ve demonstrated this to date (just an idea?)
·THIS IS THE BIGGY have had a fall back plan of how they were going to pay the money back, some used equity such as their house but for unsecured others have show their fall back plan of an other successful job.
What’s important to realise is that banks are in competition not just with each other but also internally - they want your business, so be shrewd. I’ve seen people ask for loans above 20k and they have been told it needs to be secured but with negotiation they’ve got it!
Good luck to all trying
TTFN
OLLY