Ok. I think we are getting mixed up with HSBC products now.
Hollingworthp - HSBC PSL is unsecured, limited to £25,000 and not available for pilot training. Whilst I agree it is a 'nice' loan, he can't get it. No wannabe can anymore. Besides, it wouldn't even pay for the uniform on an integrated course. He is not talking about this.
Whirlygig and Samee. I think the confusion arises from the fact that samee clearly doesn't have a scooby's what he is talking about
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I wanted to know if there are any other banks other than HSBC who would give a secured loan of upto £80,000 specifically for Pilot Trainees...?
No such thing exists. The HSBC Oxford branch offer £50,000 secured for OAA students only. Even those cowboys will not go above £50,000, so you are pissing in the wind trying to get £80,000.
If you want £80,000 secured, go and see Carol Vorderman's loan sharks. They'll see you coming a mile off with your mum and dad's title deeds in one hand and your Cabair acceptance letter in the other. I'm sure you will tell them all about the pilot shortage at the moment.
It is shocking to see a 19 year old playing around with other people's life savings without a clue what they are doing. I blame the parents!
I think you'll find that many mortgage lenders do care about what the borrowed funds are spent on
These sharks specialise in debt consolidation. Proof that they don't care what the money was (or is) spent on. They care about your property.
EK