PPRuNe Forums - View Single Post - Loans for funding flying training.
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Old 16th July 2005 | 19:42
  #46 (permalink)  
Pole Hill
 
Joined: Apr 2004
Posts: 129
Likes: 0
From: Manchester, UK
When they offered me a PSL two years ago I questioned why the bank would give the loan on such good terms with no early repayment penalty. The sincerely given answer was that the bank saw its customers as people who after training would be looking for mortgages, investment products and other financial services -

Exactly. For them to pull the loan is a great shame, not just for us, but for themselves too. I was going to use it to part finance my training. What do you do if an airline hires you on the condition that you pay for your own TR?
I'll be joining you in closing the account, and I'll politely tell them why.
POL
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