I'm thinking of taking a car loan but trying to wait until the IVA is deleted from my credit file. I'm fortunate that my car isn't old but its a real lemon as everything seems to go wrong with it plus I need something bigger. Just wondering what the APR is going to be like. I wish they gave this information before applying so I could make an informed choice.
"Just when you think that you can make ends meet, somebody moves the ends."
As mentioned in a previous post, I was very happy with the treatment I got from CL4U. I must point out though, that my IVA was not on my credit report and all my other defaults had fallen off at the time of my application.
Your IVA will remain on file for six years from the date of acceptance. It is usually shown under a seperate section on the credit report. It will be on all three agencies.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
It all depends if there is an error with the address, my husbands iva was logged on the insolvency register with the right address and appeared on his credit file (experian & equifax). Mine was on the register with an incorrect address and never appeared on my credit file.
kallis it wasnt on ? i do need to check all 3 but ive checked one and its not on ? so why did we get offered a rubbish loan rate ! would they have guessed?
There is, I believe, a seperate part which mentions court arrangements. I think ginger and TheMatrix have posted about it before. Not checked mine for a while.
I doubt they would have guessed.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
yes checked that and nothing on the court.Can i ask if the Car loans 4 u man on here is allowed to share information he recieves on here ? he guessed who i was ..therefore i suspect this affected our apr rate!!
I believe he had heard one of your conversations with a colleague so was able to realise who you were. I doubt it affected your apr rate - your credit rating would still have been shot anyway.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
but i had no iva on there? there were some missed payments logged on the credit report ? these were in 2005 would these count then ....there was nothing since then
I also imagine that the fact that you are having to approach a company that sorts out finance for those of us with a less than perfect credit rating might have a bearing on things.
Other than that, I have no idea.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
