a loan for the cpl schools.
hi i've just passed my class one medical, still at college with another year to go, and no flying hours. i am extremely interested in going to a flight school like oxford or CTC, and i understand that it cost !!!! loads of money. i believe it is HSBC who offer a special loan to wannabe pilots, but what does the bank ask for collaterol (sorry if i've spelt it wrong!) they're obviously not going to hand over £60,000 and want nothing as a safe guard. so if anybody who could offer me some advice on what the bank has asked them for collaterol. thanks for your help.
Chris.