Hey all
I'm in the same boat as FlayinSpanner at the moment. I'm planning on the Jerez course in Jan. Now as I just finished Uni, and have already spent all my savings on my PPL and GA flying, I have pretty much nothing.
Now my parents know the risk, but at the moment have each agreed to take half the loan against their own houses. But I will not let them do this unless I can offer security of my own to them, be it by an insurance policy maybe?
Now does anyone know if I can take out an insurance policy in the event of me not being able to complete the course (through loss of medical, death or serious injury) to repay the loan?
The other option I have at the moment, while I have this time off over winter is to maybe write a piece of software and sell it. Now anyone got any fantastic ideas that will make me a millionaire
Jamo