PPRuNe Forums - View Single Post - Banks and loans - credit crisis?
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Old 17th Sep 2007, 15:02
  #92 (permalink)  
AlphaMale
 
Join Date: Jul 2006
Location: South Wales
Age: 42
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If I save for 3 hard years I'll have all the £'s and $'s to do my 0-fATPL without having to look into CDL's or personal loans. (looking at doing an 18 months stint as a CFII in the states) so in 4 or 5 years time I should have the licences / hours / life experience (I'll be 30) but not too old.

How can I predict the industry in 5 years time? I forget the cycle is it 5 years or 7 years?

If however I need to start training today then an unsecured loan and a CDL might just be what I need. But if the market is dry in 2 years time then I'll have a big debt and no flying job.
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