I am sure there have been posts regarding how to obtain financing for flight school, especially relating to financing with ATP, but I need help with obtaining financing without a cosigner. I recently graduated with my Bachelor’s and am now working full time. When I first learned about ATP’s professional pilot program, I immediately applied for a loan through both Sallie Mae and Wells Fargo. Unfortunately, I was denied by both and was asked to apply again with a cosigner.
Obtaining a loan with a cosigner is not an option for me as I have no one to cosign for me. My parents have already informed me that they will not cosign, and I do not have any other immediate family members who would be willing to cosign or whom I feel comfortable asking.
Does anyone have any recommendations, or a miracle solution? I am positive I am not alone. I am wondering if I just need to go to my bank and ask for a personal loan with the highest interest rate…