If you’re considering getting an unsecured loan, be sure to look at all of your options.
Compare products from several different lenders. You can do this online, at web sites
like www.LendingTree.com. Different lenders have different fees for unsecured loans,
so it is important to shop around and make sure you get the best possible deal. But
remember, only take out an unsecured loan if you really need it – and be sure to
use it wisely.
Bringing the Dream Within Reach. So many people dream their whole life of being a
pilot, but relatively few take the steps to begin a flight training program. Even
a part-time training program of two or three lessons per week means a financial commitment
of $1,200 to $1,800 per month during training. These numbers cause many prospective
students to delay, or completely give up, their dream of flying. Pilot Finance can
help! Our programs, offered through hundreds of participating flight schools, give
students the opportunity to earn their wings with affordable, level monthly payments.
(800) 667-0201 email@example.com
SunTrust offers personal unsecured loans—loans for which no collateral is needed—to
credit-worthy clients. SunTrust’s unsecured loans give you maximum flexibility. Use
the funds you receive for almost any purpose, from flight training, housing during
your training or the pilot supplies you want.
SunTrust’s unsecured loans feature competitive fixed rates and flexible terms along
with a full range of convenient repayment options.
Apply for an unsecured loan online, at your local SunTrust branch, or by calling
a SunTrust lending specialist at 800.279.4824.
Why get a Personal Loan?
A Personal Loan offers a number of advantages:
Immediate funding—you’ll know if you qualify for the loan within hours, and usually
have the funds the next business day
Simple application—you won’t have to deal with a complicated application
Fixed term, fixed rate — you know exactly how much you’ll pay each month, making
it easy to budget
Low minimum loan amounts—borrow as little as $3,000
A huge variety of scholarship programs and private grants are available to prospective
pilots. It pays to look for opportunities from a wide variety of sources. The specific
criteria and requirements for scholarships and grants varies. For example, some are
open only to female applicants, while others may only be for beginning students.
Scholarships can vary from just a few hundred dollars to more than $10,000 depending
on the school chosen and degree or professional goals declared.
Here are a few links
to get you started:
Aircraft Owners and Pilots Association Flight Training Scholarship Program
PRIVATE LOAN FROM A BANK, CREDIT UNION, PERSON-TO-PERSON LENDER, FAMILY MEMBER OR
You'll need a strong credit rating or a solid co-signer to get a loan from a bank
or credit union, but a private loan may not require a credit check at all. Private
education funding from banks is tough to get these days, but qualified borrowers
can usually make it happen. Getting a loan from family or friends can be much easier
IF you know the right people, and these loans often have much better interest rates
than banks. The growing market for person-to-person loans is yet another option,
with lending sites such as Prosper and Lending Club matching individuals who need
small loans with willing lenders.
Applicants who apply with cosigners generally receive higher approval amounts and
lower interest rates. To help your cosigner understand this process and learn more
about the professional pilot career path, we’ve prepared a helpful cosigner prospectus.
We recommend you review this with anyone you ask to co-sign on your flight training