If your thinking about giving it another go... I think you might need to lower your expectations and devise a game plan that involves more than CV bombing.
Look at this industry from all angles - cabin crew, flight ops, sweeping the hangar floor... many of us started out this way just to be close to flying and this method often or not produces an opportunity. Your debt free... that is a massive advantage as it means you can accept the lowest paid GA flying job to get you going.
The hard thing for you to accept will be that you might be another 4/5 years away from an airline job because if you REALLY want it, then you need to put in some serious groundwork and create an environment for yourself that produces leads.
Suggestions -
FI rating as suggested or Glider towing (now is the time to look for summer '16 gigs)
With those hours move onto... Para dropping - 500hrs should get you some interest.
Build time to 1000hrs or so... then go for regional TP outfits (you will prob have to self fund a TR though)
While your doing all this (and now current) start applying for the bigger jobs again and you may get lucky but now at least your current and back in the industry.
OR... work in an airline with an established internal scheme - eg easyJet after 18months service. Research them.
This is a 2/3/4/5 year time frame. The amount of luck and timing will determine which end of this time frame you end up on.
In summary you need to decide whether to get up, get motivated and get real or just get on with the rest of your life.
Last edited by Wodka; 11th Nov 2015 at 15:58.
Reason: Grammar