To be quite frank even the ryans do a sort of pay2fly... they take money out of your packet for the line hours ..
Suggest people take a look at one of the brookfields contracts.
The situation as mentioned when waiting for 5 yrs is tough obviously you want to get in and fly but it is all down to personal circumstances.
Having an endless pot of money does not necessarily mean you will get what you want ... in fact it may just leave you open to more scams than most.
Patience is important ... a guy who was on my course still looking was told by a captain on his last LPC if you cannot find something then stump up for line training as if you do not someone else will. He did admit it was wrong and should not be this way.
But by doing this P2F crap you are allowing wages for pilots to be driven down and conditions to be made worse...
soon it will filter to some of the legacy carriers ... end of the day its about profit for them and none of them care about you that is the harsh reality of business.
If we all stuck together collectively and said no i am sure these agents would go out of business and airlines would recruit in a correct manner.
Instead people are making Eaglejet / MSD /SAS and then the scammers millionaires for doing nothing but forwarding a CV to an airline.