loans for a 17 yr old???
Guest
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Do you know how your going to pay the money back to the bank, think long and hard, it will be about 9 - 10K you pay back.
I got a Career Devleopment loan, max of 8K, an intrest free holiday, extendable but can't remeber how long for, and then about 10% interest. Clydesdale did mine (Very poor excuse for a bank) I think Barkleys and one other does it.
I don't think a PPL would qualify as its 'Just for fun' I got mine after toward Groundschool and CPL (like its going to cover it, ha ha).
I got a Career Devleopment loan, max of 8K, an intrest free holiday, extendable but can't remeber how long for, and then about 10% interest. Clydesdale did mine (Very poor excuse for a bank) I think Barkleys and one other does it.
I don't think a PPL would qualify as its 'Just for fun' I got mine after toward Groundschool and CPL (like its going to cover it, ha ha).
Guest
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According to my Career Development Loan (CDL) literature you now have to be 19 yrs old.
All I can say is ask the folks.
My folks (who are not rich, but are highly supportive) gave me about £4k last year. I've paid of about 80%.
Try it.
[This message has been edited by Superpilot (edited 14 May 2001).]
All I can say is ask the folks.
My folks (who are not rich, but are highly supportive) gave me about £4k last year. I've paid of about 80%.
Try it.
[This message has been edited by Superpilot (edited 14 May 2001).]
Guest
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Hi LH,
The sad but true answer is nope. I don't think any bank in their right mind would offer a loan large enough to cover a PPL to anyone under 18.
Despite meeting the age requirement you are likely to need to be earning above a certain amount - not likely if you are a student.
I managed to get my dad drunk enough to lend me the money which I still owe him
If that is an option, why don't you try your luck. Call it an investment and say you'll buy him a yacht when you're a rich captain flying the sonic cruiser.....
Failing that, beg and steal.
SpeedBird22
The sad but true answer is nope. I don't think any bank in their right mind would offer a loan large enough to cover a PPL to anyone under 18.
Despite meeting the age requirement you are likely to need to be earning above a certain amount - not likely if you are a student.
I managed to get my dad drunk enough to lend me the money which I still owe him
If that is an option, why don't you try your luck. Call it an investment and say you'll buy him a yacht when you're a rich captain flying the sonic cruiser.....Failing that, beg and steal.
SpeedBird22
Guest
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Why don't we all chip in a couple of quid for the wannabee??
If everyone coughed up say, £3 I'm sure they'll be enough there to do a bit of flying.
Then, why don't we call it a fiver each and split the total so that I can do the same thing??
I'll think of it as a bonus for thinking up the idea !!
If everyone coughed up say, £3 I'm sure they'll be enough there to do a bit of flying.
Then, why don't we call it a fiver each and split the total so that I can do the same thing??
I'll think of it as a bonus for thinking up the idea !!
Guest
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I agree...You guys who are captains have the funds available to get young 'uns like me a start in the industry. You probably know what it's like to be grounded because of lack of funds. There is the odd scholarship to be had here and there, but if each of you put 1% of what you earn into a fund, you could give a lot of people the start they need. (I know this is hopeless - but just making a point) 
Regards,
Mike

Regards,
Mike




