Thread: Pilot Finance??
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Old October 25th, 2006, 10:00   #7
jawright
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Default Re: Pilot Finance??

Quote:
Originally Posted by slushie View Post
Dude...I have been finding ways to pay for flying for the past five years...

If you can make that much money in 6 months, just save up for 6 months, or spend it as you get it.
It's not that I won't have the money several months from now...it's that I don't have it right now. I'm going to be travelling the country from June-August and won't have an opportunity to fly...so I want to get my comm SE and ME add on before I leave.

Quote:
Unless you're nearing 60, there's no need to go into debt with a place like pilot finance.

Instead of paying 20% or whatever rediculous rate they charge, you could EARN 5+% (secured) while you're saving.

"The borrower is slave to the lender."
I am nearing 30...does that count? Believe me, I'd rather not borrow, but in this case I kinda feel like I need to. If I wasn't going to be gone all summer, I'd be paying cash all the way.
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