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Old September 26th, 2005, 19:16   #1
DefensorVindex
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Join Date: Sep 2005
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Default Getting Financed

Hey all,
Brand spankin' new to JC. Great site, Doug. Really well put together and a great resource for the aviation community.
Can ANYONE help me figure out how to get financed to go to Pan Am? I am discharging from the Air Force in December and will have VA benefits but can't seem to find anyone willing to cosign a monster $80K-plus loan for me. The problem stems from not having a lengthy credit history, which I am finding out is nearly worse than having BAD credit history.
On another note, I toured the academy a few weeks ago and met with Jeremy Brown and the department heads at the DVT campus. I was pretty impressed with the level of professionalism displayed there, and will admit to having that pull at my military discipline strings a little more than the advertising Pan Am does.
Does anyone has suggestions for alternative financing? Key Bank seems to be the biggest financial partner most flight schools use, but aren't there others? I have checked with Sallie Mae, but they seem to be a little skiddish about loaning for the full amount PLUS bare bone living expenses (i.e. truck payment!) as well.
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