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John Doe wrote:
Anyone have any good recommendations for financing? I financed both my aircraft with loans from credit unions. One of them doesn't do that anymore. If you're a member of one, check it out. If you have a secure job and a good balance in a 401K, it may be advantageous to take a loan out against that. With mine, the interest was paid back into my account, so there was effectively no charge, but the loan had to be repaid in something like five years. You also have to balance the interest against the usual return and the interest you would be paying elsewhere to know if it's a good deal. George Patterson Give a person a fish and you feed him for a day; teach a person to use the Internet and he won't bother you for weeks. |
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