Loan security after payment loan

Started by hybris, July 11, 2011, 06:00:05 PM

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hybris

July 11, 2011, 06:00:05 PM
Hi,
I can't understand why an aircraft I used as loan security is not available for another loan after I payed the previous with the aircraft security.

DenisG

#1
July 11, 2011, 06:41:38 PM
Sorry, I do not understand your question:

You have purchased an aircraft. You took a loan and secured the loan by another aircraft you owned? Correct?

Cheers,
Denis

hybris

#2
July 11, 2011, 07:03:47 PM Last Edit: July 11, 2011, 07:10:57 PM by hybris
Yes, I extinguished a loan. The loan had my aicraft as security.
Although I extinguished it, that aircraft is not available if I want to ask another loan.
I hope to be clear now  :)

hybris

#3
July 11, 2011, 08:18:43 PM
my mistake.
I payed the wrong loan I wanted to estinguish.

sorry  :-[
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