Anyone considering commercial flying training at the moment should read what these guys are saying and listen! I started end of 2007 just after Northern Rock went under and having now finished I am fearing a rather long wait for a job. Just deferred my loan for 6 months, have to see what happens after that. As has been said, if you can afford the repayments and are able to live after training for a term in perhaps years as opposed to months, then do it. If you have to secure a loan against anyone's house then you must be more confident than I am about job prospects in the short to medium term. Righty well I'm off for my 12 hour shift in a bowling alley, happy flying