AirwaySim

General forums => General forum => Topic started by: hybris on July 11, 2011, 06:00:05 PM

Title: Loan security after payment loan
Post by: hybris on 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.
Title: Re: Loan security after payment loan
Post by: DenisG on 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
Title: Re: Loan security after payment loan
Post by: hybris on July 11, 2011, 07:03:47 PM
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  :)
Title: Re: Loan security after payment loan
Post by: hybris on July 11, 2011, 08:18:43 PM
my mistake.
I payed the wrong loan I wanted to estinguish.

sorry  :-[