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Old 22nd November 2002 | 08:42
  #5 (permalink)  
Touch'n'oops
 
Joined: Oct 2002
Posts: 345
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From: The dark side of the moon
I have taken a loan out with HSBC for 35000 Pounds.

They did not ask for any qualifications! But the fact is, I convinced my father to put his house up as security. This achieved a lower interest rate.
He didn't have problem with it. He said he had always seen my passion for flying and knew that I would make it. Or I'm in deep ****

HSBC also wanted confirmation from the flight school of my acceptance to the school.

Another area to pay attention to is when you draw down the cash. Delay this for as long as possible. It will save you quite a bit.

Good luck in finding that loan!
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