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pgreen · March 1st, 2006, 14:46

Just to put in my 2 cents...
i have spent the last 2 years, since my commercial checkride, working in my original carrier to save up enough ca$h to do my CFI tickets and get instructing to build hours with some money in the bank... As far a loans, Key Bank just informed me my loan rate is now up to over 7%, so more cash each month, about 90$ in increased payments, as interest rates continue to rise so will the cost of paying off debt!

March 1st, 2006, 14:46	#29
pgreen Newbie Join Date: Jul 2005 Location: Sacramento, California Posts: 9	LIBOR Related loans on the rise! Just to put in my 2 cents... i have spent the last 2 years, since my commercial checkride, working in my original carrier to save up enough ca$h to do my CFI tickets and get instructing to build hours with some money in the bank... As far a loans, Key Bank just informed me my loan rate is now up to over 7%, so more cash each month, about 90$ in increased payments, as interest rates continue to rise so will the cost of paying off debt!