The CTC Wings (Cadets) Thread - Part 2.
Join Date: Jan 2008
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@RD - I'm doing Crossbar II - most difficult. My score ranges from 80 to 120.
@DJ- We are talking about one of the cockpitweb tests. Unfortunately you have to pay to get them.
@DJ- We are talking about one of the cockpitweb tests. Unfortunately you have to pay to get them.
Join Date: Nov 2007
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Thanks a lot dj. I hope a lot joining CTC because in Italy there isn't opportunity to become a pilot without a bank finance support that is provided only for people with bonds. :-(
Join Date: Apr 2008
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HSBC finance
Hi, don't know if anyones been in a similar situation to me regarding the finances for CTCwings.
Basically I have a pushing 6,000 pounds credit card debt with HSBC that for the past 5 months I have been unable to repay. I'm going to start making some token payments as of next month.
I'm working abroad at the moment and am preparing to apply for the ctcwings cadet program. I don't want to waste my time though if there isn't much chance of me getting the finance.
Has anyone had any issues with getting the loan from HSBC if you have some debts with them already? I was wondering if I could transfer the credit card debt to that loan, or trying to reason with them that if (assuming I pass selection) they don't I'll be going back to my crappy paid job abroad and continuing to be unable to afford to pay the credit card. At least they are pretty sure I am going to get a decent paid job in the UK at the end of the training and I will pay it back?
I'm sure people may not want to discuss their financial matters on an open forum. I'm jsut looking for someone who maybe could suggest a course of action. Will it jsut depend on how the bank feels on that day, or are there some hard and fast rules they will apply regarding a credit check etc? Anyone else had experiences like this, have tried a different bank etc?
Thanks in advance!
Basically I have a pushing 6,000 pounds credit card debt with HSBC that for the past 5 months I have been unable to repay. I'm going to start making some token payments as of next month.
I'm working abroad at the moment and am preparing to apply for the ctcwings cadet program. I don't want to waste my time though if there isn't much chance of me getting the finance.
Has anyone had any issues with getting the loan from HSBC if you have some debts with them already? I was wondering if I could transfer the credit card debt to that loan, or trying to reason with them that if (assuming I pass selection) they don't I'll be going back to my crappy paid job abroad and continuing to be unable to afford to pay the credit card. At least they are pretty sure I am going to get a decent paid job in the UK at the end of the training and I will pay it back?
I'm sure people may not want to discuss their financial matters on an open forum. I'm jsut looking for someone who maybe could suggest a course of action. Will it jsut depend on how the bank feels on that day, or are there some hard and fast rules they will apply regarding a credit check etc? Anyone else had experiences like this, have tried a different bank etc?
Thanks in advance!
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I have a lot of student debt including overdrafts and credit cards, although I have been making payments since I graduated. I have checked with Experian and Equifax and my credit score and credit rating are both excellent because I haven't missed any payments and manage my debt well. That does not mean that I will be accepted for credit with HSBC, which is a source of worry for me too. I have no problem getting credit elsewhere (to move my debts, not increase them) but then I've never applied to borrow £60,000 unsecured before. I know that I can manage my debts while training, but that may not be enough for HSBC.
I have a feeling that if you have not made any payments to your credit card at all you will have serious problems getting credit. However, the agreement between CTC and HSBC is in a league of its own so I think that only someone who has experienced this situation, or someone from CTC itself, could answer this question properly.
As for the student loan, the companies that provide them will only take money from you if you are earning a certain salary. If you are training with CTC you won't be on a salary and therefore shouldn't be required to make payments. As such, I don't imagine this will affect your chances with HSBC.
N.B. As a general rule, you are more likely to be accepted for credit if you have debt that you manage properly rather than no debt at all! If you have no credit or do not use your credit facilities, you are deemed an unknown by lenders and as such are less attractive. Again, this may NOT apply to the agreement with HSBC.
I have a feeling that if you have not made any payments to your credit card at all you will have serious problems getting credit. However, the agreement between CTC and HSBC is in a league of its own so I think that only someone who has experienced this situation, or someone from CTC itself, could answer this question properly.
As for the student loan, the companies that provide them will only take money from you if you are earning a certain salary. If you are training with CTC you won't be on a salary and therefore shouldn't be required to make payments. As such, I don't imagine this will affect your chances with HSBC.
N.B. As a general rule, you are more likely to be accepted for credit if you have debt that you manage properly rather than no debt at all! If you have no credit or do not use your credit facilities, you are deemed an unknown by lenders and as such are less attractive. Again, this may NOT apply to the agreement with HSBC.
Join Date: Apr 2008
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I'm not worried about my student grad debts.
I ran up a big credit card, over 5 grand, and I made the regualr monthly repayments when I was working in South Korea. That job came to an end and I am now working in Bangkok for an IT company and although the pay is good for Thai standards it doesn't allow me to repay the money I owe to HSBC credit card. I missed 5 months payments and am going to start paying them some sort of contribution.
My thoughts on it were as follows, although I am not clued up on how banks work :-
They could transfer the balance of the credit card to my bond and add it to that?
I could explain that if I passed selection and go onto employment with an airline I would then be able to afford to repay them. If not then I would be going back to my low paid job in Bangkok with not much hope of ever paying the card off.
Not sure if either approach would work, like I say I haven't had many dealings with banks and don't know much about these things.
I ran up a big credit card, over 5 grand, and I made the regualr monthly repayments when I was working in South Korea. That job came to an end and I am now working in Bangkok for an IT company and although the pay is good for Thai standards it doesn't allow me to repay the money I owe to HSBC credit card. I missed 5 months payments and am going to start paying them some sort of contribution.
My thoughts on it were as follows, although I am not clued up on how banks work :-
They could transfer the balance of the credit card to my bond and add it to that?
I could explain that if I passed selection and go onto employment with an airline I would then be able to afford to repay them. If not then I would be going back to my low paid job in Bangkok with not much hope of ever paying the card off.
Not sure if either approach would work, like I say I haven't had many dealings with banks and don't know much about these things.
Last edited by the_boy_nb; 7th Apr 2008 at 22:22.
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Yeah thanks I will contact the credit agencies and see what they have to say about my credit rating.
It was already poor from what I can gather because I don't have a regular income going into and out of my bank account. Well I do, just not my UK one.
I would like to try and get this strightened out before I apply, I don't want to put all the time and effort into the application, fly back just for the interviews to pass and then be knocked back on the finance. Rther like having your dream in your hand sonly to loose it again.
I contacted ctcwings and they said speak to my bank, but my local branch didn't have any clue about the ctcwings scheme when I spoke with them.
It was already poor from what I can gather because I don't have a regular income going into and out of my bank account. Well I do, just not my UK one.
I would like to try and get this strightened out before I apply, I don't want to put all the time and effort into the application, fly back just for the interviews to pass and then be knocked back on the finance. Rther like having your dream in your hand sonly to loose it again.
I contacted ctcwings and they said speak to my bank, but my local branch didn't have any clue about the ctcwings scheme when I spoke with them.
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and arson was suspected I believe....
Last edited by komac2; 8th Apr 2008 at 07:43.
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Guys I need help.. I've compiled the form but today i've received this mail. Who can help me?
Dear nunzio
Thank you for your application to the CTC Wings Programme. However, in order to process your application we need some further information.
Can we ask you to provide us with more information regarding your academic qualifications. We need to know what examinations you undertook at 16 and 18 years. Can you supply the local name of the examinations, the subjects taken and the grades achieved.
You can input this information, using the 'other' option, at the bottom of the qualifications list, which allows free-typing. We can then use our Global Qualifications Database to equate your overseas qualifications to UK ones.
Please add this information directly onto your form where possible and let us know once this is completed.
Regards
CTC Wings Selection Team
Dear nunzio
Thank you for your application to the CTC Wings Programme. However, in order to process your application we need some further information.
Can we ask you to provide us with more information regarding your academic qualifications. We need to know what examinations you undertook at 16 and 18 years. Can you supply the local name of the examinations, the subjects taken and the grades achieved.
You can input this information, using the 'other' option, at the bottom of the qualifications list, which allows free-typing. We can then use our Global Qualifications Database to equate your overseas qualifications to UK ones.
Please add this information directly onto your form where possible and let us know once this is completed.
Regards
CTC Wings Selection Team
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It looks as if you haven't provided enough information about what exam grades you got from school. I had this problem - I only put details of my most senior exams but they wanted to know about everything I acheived before then. Go back into your application and put down information about every exam you have sat and every qualification you have
EDIT: Oh yeah, and email them once you have added this information
EDIT: Oh yeah, and email them once you have added this information
Join Date: Mar 2008
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I see, i'm afraid i'm not clued up on how the Italian schooling system works. Do you not have individual grades for subjects such as Mathematics, Physics etc? Maybe if you email CTC explaining exactly what your high school degree means they will be able to understand better
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First Post
Hi Guys,
This is my first ever post. I applied for the CTC program a while back now, probably January time and I was delighted when I received the email telling me that I have been accepted for the 2nd stage process. I am heading off down to Bournemouth for the 29th
I think that this is the one of the 1st times that the 2nd and 3rd stages are carried out on the same day. Having read previous posts on the subject I am nervous about it but at the same time looking forward to it. I think that the advice given out has been a great help and hopefully I will be able to progress to the 4th stage and beyond.
Good luck to anyone else out there in the same situation.
JBwannabe
This is my first ever post. I applied for the CTC program a while back now, probably January time and I was delighted when I received the email telling me that I have been accepted for the 2nd stage process. I am heading off down to Bournemouth for the 29th
I think that this is the one of the 1st times that the 2nd and 3rd stages are carried out on the same day. Having read previous posts on the subject I am nervous about it but at the same time looking forward to it. I think that the advice given out has been a great help and hopefully I will be able to progress to the 4th stage and beyond.
Good luck to anyone else out there in the same situation.
JBwannabe