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November 23rd, 2007, 20:31
| #1 |
| Junior Member Join Date: Dec 2005
Posts: 144
|  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, 20:42
| #2 | |
| Senior Member  Join Date: Mar 2007 Location: San Antonio TX
Posts: 1,004
| Re: AOPA Flight training finance Quote:
To be fair, my bad experience was with a credit card. Not a loan!
__________________ FLY SAFE <Tim>< CMEL CSEL CFI CFII MEI ............ ______ ..................l \________O(--)O________/ ..............."" " "" http://desiretofly.blogspot.com/ http://victoryaviation.net/ | |
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November 26th, 2007, 23:07
| #3 |
| Old Skool  Join Date: Jan 2007 Location: San Antonio TX or anywhere Uncle Sugar wants me....
Posts: 2,005
| 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!!! 
__________________ When angry count to ten before you speak. If very angry, count to one hundred. Last edited by HeyEng; November 27th, 2007 at 00:22. Reason: Grammar |
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November 26th, 2007, 23:58
| #4 |
| Junior Member  Join Date: Jan 2007 Location: The Death Star
Posts: 265
| 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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