out of money
Thread Starter
Joined: Apr 2005
Posts: 23
Likes: 0
From: uk
out of money
I am currently training for my cpl(h) and have 100 hrs with 7of those on r44. Also i am half way through my atpl(h) groundschool. The problem is I am out of cash and can not seem to obtain a loan to finish my course. Does anybody know of any companies who do part sponsorship or might be able to help me? Please!
Better red than ...
Joined: Aug 2004
Aviation Qualifications: CPL
Posts: 1,415
Likes: 0
From: Appleby-in-Westmorland Cumbria England
OAT & Cabair appear to be linked into loans schemes with HSBC.
A strategic change of school may be required .... (collateral or assets required to secure)
h-r
A strategic change of school may be required .... (collateral or assets required to secure)
h-r
Joined: Aug 2004
Posts: 217
Likes: 0
From: Aberdeenshire
No help to Bird I'm afraid, but maybe of help to others.
I have been through PPL, hour building, ground school and CPL in last 13 months, before embarking on the whole process I put a detailed budget together, ran it past a couple of mates who had done similar and also paid an accountant £200 to look it over.
After that and calculating loss of income and adding a contingency of 10%, I pretty much knew I would be able to finish what I started, sorry bird, and I am still pretty much unemployable until I have my instructors rating.
I suggest anyone else considering this works out an accurate budget, boring but essential, pretty scary too when you realise exactly how much it is going to cost you including all the extras you don't plan.
I have been through PPL, hour building, ground school and CPL in last 13 months, before embarking on the whole process I put a detailed budget together, ran it past a couple of mates who had done similar and also paid an accountant £200 to look it over.
After that and calculating loss of income and adding a contingency of 10%, I pretty much knew I would be able to finish what I started, sorry bird, and I am still pretty much unemployable until I have my instructors rating.
I suggest anyone else considering this works out an accurate budget, boring but essential, pretty scary too when you realise exactly how much it is going to cost you including all the extras you don't plan.
Hovering AND talking
Joined: Feb 2003
Posts: 5,711
Likes: 1
From: Propping up bars in the Lands of D H Lawrence and Bishop Bonner
The HSBC loans have now been abolished (Career Development) I understand unless you do full integrated with Oxford where they have negotiated a special deal with the Oxford branch of HSBC only.
Again, I'm afraid that's no help but if anyone else is thinking they could get one of these loans; the chances are they can't now.
Cheers
Whirlygig
Again, I'm afraid that's no help but if anyone else is thinking they could get one of these loans; the chances are they can't now.
Cheers
Whirlygig
Last edited by Whirlygig; 19th September 2005 at 07:16.
Joined: Aug 2005
Posts: 313
Likes: 0
From: West Africa
mm the blue rinse seems like a do-able concept.
Lets face it , a cup of tea and a few kind words , holding hands bed by 6pm ( for her ) and a license/emdorsements and maybe a helicopter for me too.
Other than the local bingo hall, where could one find such a catch?
then again it worked for Anna Nicole ..............................
Lets face it , a cup of tea and a few kind words , holding hands bed by 6pm ( for her ) and a license/emdorsements and maybe a helicopter for me too.
Other than the local bingo hall, where could one find such a catch?
then again it worked for Anna Nicole ..............................
Joined: Sep 2005
Posts: 30
Likes: 0
From: LONDON
got to pass the atpl
birdman...you are really struck in alcatraz, but there is way out few people sucessfully escaped....well when you pass the exam atpl it eq...nvq4...so you become eligiable for carrer devolepment loan...only three banks does this goverment sponserd scheme....you pay after getting a job...max 8k....but they do look at your cuurent running of account,have you had any job..other than flying,assests....or some one can gurentee who has a good [gruntor]acoount,...rbs,barclays,hsbc....take your time you have done your 100....go to newzeland finish your rest.get the cpl there...atleast you will have your icao licence for life....and take it easy...keep current you can fly until 65 in helicopter,and by the way join some private members clus in london,.....got to be a playboy sometime....i dont need to tell you what to do after......just play steady and stay in the crease...
Better red than ...
Joined: Aug 2004
Aviation Qualifications: CPL
Posts: 1,415
Likes: 0
From: Appleby-in-Westmorland Cumbria England
atleast you will have your icao licence for life
I have a passing recollection of 5 years being the duration of an ICAO license, at which point it has to be renewed
