SammyG
I hope its big enough
- Joined
- Dec 22, 2002
- Posts
- 113
So here's my situation. I have PPL with IFR rating, and 160 hrs total. I want to go through all the way to CFIIMEI. This is going to be expensive.
I have been looking at Pilot Finance, and they sound like a good way to go to pay for the rest of my training. However, with only 160hrs, and the next rating for which I can qualify, the Commerical Single, which requires 250 hours to earn, do I have to wait until I am in the 230 hour range (alloting 20 hours for training to get the Comm Single), in order to get the loan?
Because the way I understand it, the loan can only be for training, and the 70 hours between my current 160 hrs and 230 for starting the Comm Single cannot really fall under training, right? I have to pay for those 70 hours myself first? Or will they give me the loan right now and pay for my training from my current 160 hrs all the way through the CFIIMEI?
Any help appreciated, thanks!
I have been looking at Pilot Finance, and they sound like a good way to go to pay for the rest of my training. However, with only 160hrs, and the next rating for which I can qualify, the Commerical Single, which requires 250 hours to earn, do I have to wait until I am in the 230 hour range (alloting 20 hours for training to get the Comm Single), in order to get the loan?
Because the way I understand it, the loan can only be for training, and the 70 hours between my current 160 hrs and 230 for starting the Comm Single cannot really fall under training, right? I have to pay for those 70 hours myself first? Or will they give me the loan right now and pay for my training from my current 160 hrs all the way through the CFIIMEI?
Any help appreciated, thanks!