I am wondering what route to go to secure financing? Has anyone used a bank other than Sallie Mae and been able to get a loan term longer than 5 years? Right now I have talked with several Credit Unions who will loan me enough to get from zero to Commercial Pilot license but the repayment would be over $1000/mo. Unfortunately I am not able to attend ATP and my local flight school is not set up with Sallie Mae. Thanks for any direction!
I went through ATP so they took care of everything. I have no idea the details but the AOPA has been advertising flight training financing recently. Maybe check them out? https://finance.aopa.org/flight-training-finance
When I worked in the call center at ATP, I remember hearing some people
talking about financial institutions other than Sallie Mae or Wells Fargo.
I can’t remember the names of those banks, but if you haven’t already, I
would call corporate and see if they can help you find what you’re looking
Thank you both for your comments and help! I’m still working through some things but am confident it will work out soon! Thanks again!