by Pilot Finance Inc. | Jul 26, 2013 | Student Application FAQs
When considering your application, we look to answer two simple questions: “can you afford the payments?”, and “will you make the payments?” Can you afford the payments? We want to see that you can “easily afford” the monthly payment. You should have sufficient...
by Pilot Finance Inc. | Jul 26, 2013 | Student Application FAQs
When we are looking at an application, your credit score is one of the things we look at, but not the only one. The score by itself can be deceiving. We are interested in the duration and type of credit in your history, as shown in your credit report, related to the...
by Pilot Finance Inc. | Jul 26, 2013 | Student Application FAQs
This is the first question that most students want answered. Generally we can approve most applications, unless: There is no credit history or extremely limited credit history (a co-borrower will be necessary); or There are outstanding delinquencies or collections;...
by Pilot Finance Inc. | Jul 26, 2013 | Student Things you should consider
Though money is certainly an important consideration when planning your flight training, it is not the only issue that you should consider. Equally as important are the amount of time you can commit to your training, both inside and outside the cockpit, and how...
by Pilot Finance Inc. | Jul 26, 2013 | Student Things you should consider
Over the past 10 years many institutions that previously offered financial assistance to prospective flight students, namely Sallie Mae and Key Bank, have either ceased to do so or severely limited their offerings. There may, however, be select alternative options...