To qualify for a Captain's License the Coast Guard requires that you have a minimum number of days experience on the water. The total number of days required is dependent on the license that you wish to earn.
Most license applicants self-certify their days of sea time spent aboard their own boat. Proof of ownership for the boat that you are claiming days of sea time on must accompany your application. If your time was spent on friends or family members boats then you must provide a Sea Service form signed by the owner of the boat you intend to claim time on.
To document your experience on the water use the Small Vessel Sea Service Form CG-7195 and record to the best of your recollection the number of days that you were on the water in any given month and year.
The Coast Guard is not looking for logbooks or official records to certify this time. If you have these documents and records Great! You can use them to reconstruct the time you spent on the water if you do not No worries
One day of Sea time is supposed to be eight hours on the water, however, in many cases the National Maritime Center (NMC) will accept a day as being just four hours when applying for a OUPV/six-pack or 25/50/100 Ton Master License.
A single calendar day can only be counted once. So, if you spent eight hours on your boat and on the same calendar day went out for another eight hours on your friends boat this would count as just one day. A day can never be counted twice whether the time was spent on your boat or any combination of other boats.
Sea service you have acquired while serving in the military may count towards your Captain's License. Generally, military sea time will be creditable at a rate of 60% credit for each qualifying day of military service served onboard a military vessel. To be considered qualifying time, the time must have been served in a capacity relevant to the type of license you are applying for.
You may provide satisfactory evidence of U.S. military service in the form of an official Transcript of Military Sea Service, certified History of Assignments, or certified Statement of Creditable Sea Service (a DD-214 on its own is not generally sufficient evidence of sea service).
Showing posts with label Time. Show all posts
Showing posts with label Time. Show all posts
Friday, July 6, 2012
Sunday, May 6, 2012
Post Bankruptcy Time Periods For Auto Loans
Because of the national economy many businesses and individuals are still not capable of operating without some sort of governmental financial assistance. So, the number of folks with poor credit or bankruptcies seeking auto loans are surging like a tsunami. And many lenders have stepped in to fill that need. Time periods for auto loans may mean something to traditional lenders, but not online lenders.
Time Periods after Bankruptcy for Auto Loans
Many folks think that after successfully filing bankruptcy, that they must wait any number of years before applying for any sort of loan, especially a car finance loan. This is not often the case. Because of the number of people who have had to abandon a life fueled by credit cards and other financial debt, many prospective lenders have stepped in to fill the gap. Even bankrupt folks need transportation.
Two to Three Years Could Help
Post-bankruptcy borrowers may be helped by waiting a few years before attempting to land a car loan. During that time they may have to drive around in a clunker, but that will give them a chance to start giving new life to their credit history. Many take out small loans, put the cash in a bank account, and then have automatic payments made to the loan from that account. A number of little loans done this way can sincerely help your credit standing. Meanwhile, cool your need for a spiffy car.
Not an Option
If you rely heavily on a car to get to work or take care of other responsibilities, not having a means of dependable transportation could be a big detriment. So, don't worry about bankruptcy time periods to apply for an auto loan. As noted above, there are plenty of lenders out there to help you finance a vehicle without time periods elapsing.
Go Online
Time periods not withstanding your search for a car loan, your best bet would be to go online. Traditional brick and mortar financial institutions may not be interested in lending to you, but there are those who will. Just understand that with a bankruptcy or a poor credit credit history, you will end up paying higher than usual interest rates. But since so many Americans are having credit problems, and since so many need relief, what with new lenders stepping in to alleviate this problem, you are apt to find a deal that is as good or better than those offered to folks with good credit. So, start shopping.
No Time Periods before Applying
Non-traditional lenders are not too concerned if you had a bankruptcy yesterday or three years ago. The lower your credit scores and the sooner you apply after bankruptcy, will certainly effect the interest rates you are offered. About the only thing you will need is a government I.D., a proof of residency, a proof of salary and time on the job, a social security number and proof of bank accounts
Time Lapses Are Not Necessary for a Bankruptcy Auto Loan
Do not be fooled. A bankruptcy or other credit problems can be very hard on a credit report. That does not necessarily mean you cannot land a bankruptcy car loan. You may have to step back and not look to owning a dream car right after bankruptcy, but given a decent income and other indications of stability, landing a car loan should not be that big of deal. You do not have to wait forever to do it, you do not need to wait a time period after a bankruptcy to get a bankruptcy auto loan.
Time Periods after Bankruptcy for Auto Loans
Many folks think that after successfully filing bankruptcy, that they must wait any number of years before applying for any sort of loan, especially a car finance loan. This is not often the case. Because of the number of people who have had to abandon a life fueled by credit cards and other financial debt, many prospective lenders have stepped in to fill the gap. Even bankrupt folks need transportation.
Two to Three Years Could Help
Post-bankruptcy borrowers may be helped by waiting a few years before attempting to land a car loan. During that time they may have to drive around in a clunker, but that will give them a chance to start giving new life to their credit history. Many take out small loans, put the cash in a bank account, and then have automatic payments made to the loan from that account. A number of little loans done this way can sincerely help your credit standing. Meanwhile, cool your need for a spiffy car.
Not an Option
If you rely heavily on a car to get to work or take care of other responsibilities, not having a means of dependable transportation could be a big detriment. So, don't worry about bankruptcy time periods to apply for an auto loan. As noted above, there are plenty of lenders out there to help you finance a vehicle without time periods elapsing.
Go Online
Time periods not withstanding your search for a car loan, your best bet would be to go online. Traditional brick and mortar financial institutions may not be interested in lending to you, but there are those who will. Just understand that with a bankruptcy or a poor credit credit history, you will end up paying higher than usual interest rates. But since so many Americans are having credit problems, and since so many need relief, what with new lenders stepping in to alleviate this problem, you are apt to find a deal that is as good or better than those offered to folks with good credit. So, start shopping.
No Time Periods before Applying
Non-traditional lenders are not too concerned if you had a bankruptcy yesterday or three years ago. The lower your credit scores and the sooner you apply after bankruptcy, will certainly effect the interest rates you are offered. About the only thing you will need is a government I.D., a proof of residency, a proof of salary and time on the job, a social security number and proof of bank accounts
Time Lapses Are Not Necessary for a Bankruptcy Auto Loan
Do not be fooled. A bankruptcy or other credit problems can be very hard on a credit report. That does not necessarily mean you cannot land a bankruptcy car loan. You may have to step back and not look to owning a dream car right after bankruptcy, but given a decent income and other indications of stability, landing a car loan should not be that big of deal. You do not have to wait forever to do it, you do not need to wait a time period after a bankruptcy to get a bankruptcy auto loan.
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