PPRuNe Forums - View Single Post - BBVA Stop Funding Pilot Loans
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Old 6th May 2017, 06:48
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Rupert369
 
Join Date: Oct 2005
Location: Cambridge
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Also, ATPL finance, who were the only other specialist provider of cadet training loans (albeit solely to CTC students, I believe) have stopped their service:

http://www.atplfinance.co.uk

For my course funding, I tried to deal with BBVA and found them to be incredibly unhelpful and obstructive. I was in the process of arranging for a family member, who is the CEO of a financial institution, to be my guarantor, when he advised me to look elsewhere as he thought the way they were operating was unacceptably vague and almost shady. As other posters have suggested, in my case it was possible to get most of the finance from a traditional mortgage provider, but I know that not every student will be able to do that, particularly if your parents have retired.

I think this is going to cause a problem for the schools - there's a limit to the number of people with £100k+ knocking around, and arranging a loan without BBVA won't work for everyone.
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