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Old 18th Sep 2006, 07:36
  #159 (permalink)  
endofeng
 
Join Date: Jan 2003
Location: NW
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My understanding is you are bonded for the £13.5K for three years (as I am), and if you leave before then, you are liable for the rest of the payments until the balance is paid off in full....

eg. if you leave after 18 months you have to continue the (£406.22pm) payments for the remainding 18 months.....

Now a few of my friends are leaving, (I'm trying) before the 3 years are up, and what most are doing is paying the balance back in full, as the interest on the Barclays (flybe arrangement) bond is pretty high, getting themselves another loan with MUCH lower interest, paying the remainder back, and flying for another airline that pays normal wages = being much better off!

ESCAPE IS IMMINENT!

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endofeng
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