parents wont cosign

Go to college first.....then get a job and you won't have to wait for Obama to give you a loan.
 
Cessna414JJB said:
You will thank your parents, one day.
If you have a CC with a cosigner on it, make sure you keep your balances low (high interest) and always pay them off in full. Never borrow more than you can repay within 1 or 2 months (after having established your emergency funds). Good Luck!
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Good advice!

(unless you want to build credit)
 
surreal1221 said:
You're dreaming.

Flying for a living can wait, trust me, it's not going anywhere.
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Yea, flying a Saab 340 from Dulles to Morganton, WV is not all its cracked up to be.

Do what I should have done, go to college and get your degree, then decide if this flying thing is what you want to do.
 
Getting approved for a credit card and getting approved for a student loan although they both are loans, the lender tends to look at different parts of your credit. For a loan they will look more into your employment and earnings as well as your debt/income split. When I was changing professions back to aviation, I took out a loan through Sally Mae, I had a great credit score etc, but all they cared about was how long I was with my company and how much I made etc. I had to provide them W-2's and 1099's (from contract consulting work) to get the loan at a decent rate. NEVER use a credit card for a loan type scenerio such as this, with the APR charged on credit cards even if you have perfect credit they will drag you over the coals and you will pay through your nose for years and years to pay it off......
 
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