PPRuNe Forums - View Single Post - All this talk of loans...why?
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Old 28th Apr 2008, 01:35
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SparksFlyHigh
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All this talk of loans...why?

Im just wondering why everyone seems to WANT to get a loan to start training?

Im 18, working 50 hour weeks driving FLT's for £24k a year give or take. Now, the way i see it is, shove £12k in the bank for 4 years and then i have myself a fATPL. I could go to HSBC tomorrow and borrow some huge ammount of money against my parents house but then i will have to pay it off for the next...25 years? The interest is HUGE on that ammount.

I dont really know whether i am having a little rant here, or i am just very confused or misunderstanding something, so i would like your opinions on MY 'plan' of working for the next 4 years instead of working 8 years later in life to pay the interest alone off.