Q. what do you think is the amount of people that join the military because they have to? Whether is they can't afford college or for whatever reason.
A. It's an all volunteer military so nobody really has to. There are many ways to not only pay for college but make a living for yourself by increasing your earning potential. You could get a grant and go to a community college or save up to pay for the classes yourself if you're young. You could try for student loans. You could get an internship position depending on the work field and get tuition reimbursement. You could go to job corp and study in a number of career fields. If you're good with computers or willing to learn from online documents you can get a few IT certifications that will get you an entry level job where you can work your way up to a 60,000 to 70,000 salary and maybe more if you learn how to program.
There are many ways to pay for college or simply make a living for yourself but many people may not know about all of these options so they may join the military thinking they have no other option rather than joining because they really want to. Luckily I was not one of those people so while the military will pay for my college I would be fully capable of finding another way to make a living.
But the answer to your question is yes.
There are many ways to pay for college or simply make a living for yourself but many people may not know about all of these options so they may join the military thinking they have no other option rather than joining because they really want to. Luckily I was not one of those people so while the military will pay for my college I would be fully capable of finding another way to make a living.
But the answer to your question is yes.
Are there any military or ex-military here who have a VA Loan?
Q. My husband is thinking of re-enlisting and we want to buy a house. I've looked up VA loans online but it is all rather confusing. Is there anyone who can explain to me how it works? What are the steps to get one? What are the eligibility requirements (besides having to have been in the military)? How easy is it to get one? I would REALLY appreciate clarification. Thank you.
Niharika.... I do not want a student loan... I'm talking about a specific home loan for military, called a VA loan.
Niharika.... I do not want a student loan... I'm talking about a specific home loan for military, called a VA loan.
A. I know you said you looked up VA loans online - here is the basic's:
VA Loan Information: Visit the home page of the VA. http://www.va.gov/
The VA has increased their loan limits! The maximum loan amount in most cases is $417,000. The VA also offers some advantages over conventional loans:
Other benefits of a VA Loan:
1. No Down Payment required at closing
2. Lower closing costs than conventional loans
3. No prepayment penalty if you pay off your VA loan early
4. No monthly Private Mortgage Insurance payment
5. The lender is willing to negotiate your interest rate
GOING TO THIS SITE, IS A MUST: http://www.homeloans.va.gov/veteran.htm
ON THE HOME LOAN: THERE ARE Pamphlets on the VA Home Loan Program
http://www.homeloans.va.gov/pamphlet.htm
IT HAS THE FOLLOWING HELPFUL INFORMATION FOR YOU, ALL ABOUT THE VA LOAN - Home Loan Guaranty Services
GOOD LUCK TO YOU
wanda.ellis@meridiascapital.com
VA Loan Information: Visit the home page of the VA. http://www.va.gov/
The VA has increased their loan limits! The maximum loan amount in most cases is $417,000. The VA also offers some advantages over conventional loans:
Other benefits of a VA Loan:
1. No Down Payment required at closing
2. Lower closing costs than conventional loans
3. No prepayment penalty if you pay off your VA loan early
4. No monthly Private Mortgage Insurance payment
5. The lender is willing to negotiate your interest rate
GOING TO THIS SITE, IS A MUST: http://www.homeloans.va.gov/veteran.htm
ON THE HOME LOAN: THERE ARE Pamphlets on the VA Home Loan Program
http://www.homeloans.va.gov/pamphlet.htm
IT HAS THE FOLLOWING HELPFUL INFORMATION FOR YOU, ALL ABOUT THE VA LOAN - Home Loan Guaranty Services
GOOD LUCK TO YOU
wanda.ellis@meridiascapital.com
How much did you start off making with a bachelors in computer science after college?
Q. I just want to get a feel as to what I can expect to make after college because loans are killing me, lol. If you graduated with a computer science degree, and found a job, how much did they start paying you at first?
A. This question although understandable and I know where you want to go with it is too vague.
I do work in computer science field(s).
However first, what they where paying then has nothing to do with what is paying now. Also what city you work in and what field of computer science makes a lot of difference also.
A doctor is not just a doctor for example, some make a little some make a lot.
Do you wish to work in programming, networking, field repair, Telecom, or perhaps web-design? Among others options. Do you have a government clearance? Military background? All these things effect the pay rate and job potential market.
In Washington DC you could earn between 45K and 90K depending what you do.
I highly recommend you browse some of the online free job listing career.com, usajobs.gov etc and search your local area and particulars for a closer answer to your question.
I do work in computer science field(s).
However first, what they where paying then has nothing to do with what is paying now. Also what city you work in and what field of computer science makes a lot of difference also.
A doctor is not just a doctor for example, some make a little some make a lot.
Do you wish to work in programming, networking, field repair, Telecom, or perhaps web-design? Among others options. Do you have a government clearance? Military background? All these things effect the pay rate and job potential market.
In Washington DC you could earn between 45K and 90K depending what you do.
I highly recommend you browse some of the online free job listing career.com, usajobs.gov etc and search your local area and particulars for a closer answer to your question.
Where can I find a Personal Loan with a really bad credit score?
Q. Where can I find a Personal Loan with a really bad credit score?
I have a good paying steady job with the best job security(i'm in the Military). im in debt but only because i have all these bills in different places and not enoughf money to pay for all of them, if i had a personal loan for about $5,000-$8,000 i would be more then ok.
My problem is that my credit got really bad(horible) and i have tried just about everyplace online to find a loan, at this point im kind of desperite, i would pay an extremly high inteset rate just to get a loan.
Any ideas can anyone help?
For all those who are Ignorant like HeatherLyn im want a loan to consolidate my Expensise not just spend my money freely...and i am in the military...please people read before you answer and keep your ignorant comments to yourself
I have a good paying steady job with the best job security(i'm in the Military). im in debt but only because i have all these bills in different places and not enoughf money to pay for all of them, if i had a personal loan for about $5,000-$8,000 i would be more then ok.
My problem is that my credit got really bad(horible) and i have tried just about everyplace online to find a loan, at this point im kind of desperite, i would pay an extremly high inteset rate just to get a loan.
Any ideas can anyone help?
For all those who are Ignorant like HeatherLyn im want a loan to consolidate my Expensise not just spend my money freely...and i am in the military...please people read before you answer and keep your ignorant comments to yourself
A. You have many choices: borrow money from a friend or family member which can be a hardship, (pay them back) or fix your credit.
First thing I think you should do is to to restablish you credit. Unfortunately, not many financial institutions are going to be able to help you especially if you credit scores are really low. I've been there and believe me its not easy. Don't go get any payday loans either, it will only make it worse.
My advise is if you have a bank account ask to open up a secured credit card. You give them $300 (for example) to open a line of credit. Remember you are using your own money to rebuild your credit so pay it on time! (everytime you pay your bills on time you scores go up)
Usually after a year and if you've made your payments on time you'll receive a unsecured card with the banks credit limit. You've then established a great credit rating and can soon apply for more credit. Just keep in mind not to get yourself in debt again. Good luck!
First thing I think you should do is to to restablish you credit. Unfortunately, not many financial institutions are going to be able to help you especially if you credit scores are really low. I've been there and believe me its not easy. Don't go get any payday loans either, it will only make it worse.
My advise is if you have a bank account ask to open up a secured credit card. You give them $300 (for example) to open a line of credit. Remember you are using your own money to rebuild your credit so pay it on time! (everytime you pay your bills on time you scores go up)
Usually after a year and if you've made your payments on time you'll receive a unsecured card with the banks credit limit. You've then established a great credit rating and can soon apply for more credit. Just keep in mind not to get yourself in debt again. Good luck!
i'm a twenty year old in the military w/ no credit and need 15k loan for helicopter training. any ideas?
Q. i've been denied once by sallie mae (sp?) i have no problem paying off the loan and want it asap! anybody know any good loan companies that may give me a shot?
A. Unfortunately for aspiring pilots, civilian training will be costly no matter what you do. The bottom line is that there aren't any really great options to fund civilian training, and even getting a loan has risks and costs. I have never found any "good loan companies" despite looking far and wide to come up with a recommendation. The Silver State debacle and the recent credit crisis have made it even more difficult. Please plan the finances carefully before you start.
GI Bill
The first thing that comes to mind when you mention the military is the GI Bill. Note that they usually require you to get your private pilot certificate on your own, and then pay 60% of the remainder of your training. Check with the VA to confirm their policies:
http://www.gibill.va.gov/
$15K
This amount may not even be totally sufficient to cover the cost of your private certificate. It might be close. My guess when I saw this figure was that you were planning to use $15K to get your private, and then the GI Bill to pay for the rest. Just remember that the GI Bill, as I understand it, only pays 60% of your commercial, instrument, and instructor training. Therefore, you will still have to come up with funds for the 40%.
http://www.gibill.va.gov/GI_Bill_Info/programs.htm#Flight
If it is no problem to pay it off as you said, you might consider simply saving your money and waiting for your training. It may take longer that way, but if you can remain debt free that would be ideal. I don't know what the time limit is on using the GI Bill.
Military Training
Since you are already in the military, it might be possible to switch to flight training like someone else suggested. I don't know anything about this, like what kind of additional commitment you would have to make or who is eligible, but you might look into this possibility if you haven't already.
Pilot Finance
They offer loans for flight training. However, their loans are often too small to cover the entire cost of training, and their interest rates are high.
http://www.pilotfinance.com/pages/539359/index.htm
AOPA
The same is true for AOPA, but it's an option.
http://www.aopa.org/info/certified/funds.html
Sallie Mae
If you have already been denied a loan, then chances are you will need to get a cosigner to make it happen. I have the feeling that you will need a cosigner regardless of what lender or program you use due to a lack of credit history.
http://www.salliemae.com/
Utah Valley State College
Also look for aviation college programs like Utah Valley State College. You train at a flight school of your choice while doing UVSC's online classes. You don't need an aviation degree to be a pilot, but you may have better financing options through them. Many people have had success with their program. The disadvantage is that you will have the additional costs of their tuition, and the online classes are designed for airplanes instead of helicopters. The main reason to do it would be to have access to their financing options. You may still need a cosigner. Take a look at them and see if it may work for you:
http://www.uvscaviation.com/
Spend some time on the following helicopter websites. They have a lot of information, as well as discussion forums for pilots and flight school listings. The forums would be a good place to search for others who have been through the financing process:
http://www.verticalreference.com/
http://www.justhelicopters.com/
You can find helicopter flight school listings here:
http://www.sacusa.com/1directory/states.asp?category=FS
http://www.verticalreference.com/helicopterreviews/showcat.php?cat=2
Aviation is an awesome and rewarding career, but you can get burned if just dive in head first. Talk to pilots, research schools, get information from several different sources, figure the costs, and go into it fully prepared and knowledgeable about every possible path towards your goals. Don't start until you can prove to yourself that the path you have selected is the right one.
Good luck!
(Added)
If you look at the Financing pages on flight schools, like Bristow, they are pretty much limited to the types of loans I mentioned. There may be exceptions though, so definitely keep looking.
http://www.heli.com/student-services/3-financing-options.php
http://www.allamericanhelicopters.com/financing.htm
http://www.palmbeachhelicopters.com/financial.html
GI Bill
The first thing that comes to mind when you mention the military is the GI Bill. Note that they usually require you to get your private pilot certificate on your own, and then pay 60% of the remainder of your training. Check with the VA to confirm their policies:
http://www.gibill.va.gov/
$15K
This amount may not even be totally sufficient to cover the cost of your private certificate. It might be close. My guess when I saw this figure was that you were planning to use $15K to get your private, and then the GI Bill to pay for the rest. Just remember that the GI Bill, as I understand it, only pays 60% of your commercial, instrument, and instructor training. Therefore, you will still have to come up with funds for the 40%.
http://www.gibill.va.gov/GI_Bill_Info/programs.htm#Flight
If it is no problem to pay it off as you said, you might consider simply saving your money and waiting for your training. It may take longer that way, but if you can remain debt free that would be ideal. I don't know what the time limit is on using the GI Bill.
Military Training
Since you are already in the military, it might be possible to switch to flight training like someone else suggested. I don't know anything about this, like what kind of additional commitment you would have to make or who is eligible, but you might look into this possibility if you haven't already.
Pilot Finance
They offer loans for flight training. However, their loans are often too small to cover the entire cost of training, and their interest rates are high.
http://www.pilotfinance.com/pages/539359/index.htm
AOPA
The same is true for AOPA, but it's an option.
http://www.aopa.org/info/certified/funds.html
Sallie Mae
If you have already been denied a loan, then chances are you will need to get a cosigner to make it happen. I have the feeling that you will need a cosigner regardless of what lender or program you use due to a lack of credit history.
http://www.salliemae.com/
Utah Valley State College
Also look for aviation college programs like Utah Valley State College. You train at a flight school of your choice while doing UVSC's online classes. You don't need an aviation degree to be a pilot, but you may have better financing options through them. Many people have had success with their program. The disadvantage is that you will have the additional costs of their tuition, and the online classes are designed for airplanes instead of helicopters. The main reason to do it would be to have access to their financing options. You may still need a cosigner. Take a look at them and see if it may work for you:
http://www.uvscaviation.com/
Spend some time on the following helicopter websites. They have a lot of information, as well as discussion forums for pilots and flight school listings. The forums would be a good place to search for others who have been through the financing process:
http://www.verticalreference.com/
http://www.justhelicopters.com/
You can find helicopter flight school listings here:
http://www.sacusa.com/1directory/states.asp?category=FS
http://www.verticalreference.com/helicopterreviews/showcat.php?cat=2
Aviation is an awesome and rewarding career, but you can get burned if just dive in head first. Talk to pilots, research schools, get information from several different sources, figure the costs, and go into it fully prepared and knowledgeable about every possible path towards your goals. Don't start until you can prove to yourself that the path you have selected is the right one.
Good luck!
(Added)
If you look at the Financing pages on flight schools, like Bristow, they are pretty much limited to the types of loans I mentioned. There may be exceptions though, so definitely keep looking.
http://www.heli.com/student-services/3-financing-options.php
http://www.allamericanhelicopters.com/financing.htm
http://www.palmbeachhelicopters.com/financial.html
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