ryanmiels
Well-Known Member
Hi,
I am a 25 year old aspiring professional pilot, currently training at a part 61 flight school, working on my instrument rating. I currently have a little over 100 hours. I currently have no debt, but as my savings is drying up quickly I am thinking about taking on some through a credit card, to keep up my pace.
My goal is also to have my commercial by this time next year. I also feel it is beneficial in a learning sense, that I absorb and retain more information, and become more proficient faster.
Anyone have any advice paying for flight training with a credit card? I feel a credit card would be a better way to go since most have 0% APR introductory rates for the first year or so. I could start paying off the debt month by month for the first year with no interest, opposed to a bank/personal loan where I would be paying interest right off the bat.
Thanks!
I am a 25 year old aspiring professional pilot, currently training at a part 61 flight school, working on my instrument rating. I currently have a little over 100 hours. I currently have no debt, but as my savings is drying up quickly I am thinking about taking on some through a credit card, to keep up my pace.
My goal is also to have my commercial by this time next year. I also feel it is beneficial in a learning sense, that I absorb and retain more information, and become more proficient faster.
Anyone have any advice paying for flight training with a credit card? I feel a credit card would be a better way to go since most have 0% APR introductory rates for the first year or so. I could start paying off the debt month by month for the first year with no interest, opposed to a bank/personal loan where I would be paying interest right off the bat.
Thanks!