No Gertrude. I know several flying schools with unused lines of credit from banks who offer discounts for cash in advance. Flying schools will offer discounts for various reasons, not only because it's cheaper than borrowing from a bank. A well run company will be set up so it earns interest on your money until you take the flight, then the money gets moved and spent on things like fuel etc. That sounds like good business sense to me, and they are also making the customer 'sticky' because he has cash on account. You cannot slag off all flying schools just because one or two went bust owing money. There are obviously people on here with axes to grind, people should read all the posts and make their own minds up.