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November 23rd, 2007, 19:31
| #1 |
| Junior Member Join Date: Dec 2005
Posts: 134
|  AOPA Flight training finance Hey everyone, Has anyone ever used the AOPA credit line(up to $25,000) to finance their flight training? If so, how are the interest rates and any good or bad experiences with them? Thanks for the comments. |
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November 23rd, 2007, 19:42
| #2 | |
| Senior Member  Join Date: Mar 2007 Location: San Antonio TX
Posts: 506
| Re: AOPA Flight training finance Quote:
To be fair, my bad experience was with a credit card. Not a loan! | |
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November 26th, 2007, 22:07
| #3 |
| Senior Member  Join Date: Jan 2007 Location: San Antonio TX or anywhere Uncle Sugar wants me....
Posts: 781
| Re: AOPA Flight training finance AOPA is BoA...and yes, I would avoid them like the plague. I had issues with them in the mortgage world. 30% down, excellent credit, 15 years employment in the AF and I was denied...they couldn't verify my employment. WTF, over?!? I am in the process of suing them right now...could be a nice chunk of change for flying!!! 
__________________ "Capitalism without bankruptcy is like Christianity without hell." -Frank Borman, Former CEO Eastern Airlines Last edited by GalaxyIFE; November 26th, 2007 at 23:22. Reason: Grammar |
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November 26th, 2007, 22:58
| #4 |
| Junior Member  Join Date: Jan 2007 Location: Cleared for the ILS Rwy 4 Approach
Posts: 166
| Re: AOPA Flight training finance I use them--pretty fee heavy so if you can't afford to pay it off immediately I would avoid it--this is not a long term finance solution. I can see people getting killed with it-- I charge to it and pay it off in a month or two to avoid fees and high interest. |
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