CF again....

[grimswold]

Oh and Grimswold is a new incarnation as I got the feeling from the last conversation that Creditfix were starting to work out who I was.

[Credit-King]

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by hubert
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I went away abroad for a week last year without a trace. Bank account clean as a whistle. It was a super cheap break but I felt it best kept on the down low.

Ha ha this made me laugh [:D] Like a spy or secret agent under cover!

[darth_ivader]

How would CF even know if you had a savings account. I had two savings accounts during my IVA to seperate savings for annual bills and one for the odd amount that I managed to accure through the 50/50 rule. Unless they have some neat trick, the savings accounts never showed up on my credit file, only the current account did?

[MerlinL14]

Having watched this fiasco blooming on the forum I just can not get my head round how Mel has dumped you all in the crapper like this. I was a staunch advocate of Mel when she was tirelessly making suggestions and ironing out potential issues with her, and other companies, clients. It seemed to me that, by me being transferred to GT in year 2 of my IVA, I had been dealt a poor hand and one I had no control over and an uncertain impact to he future of my IVA. Now I think that having to wait a minimum of 6 months from my last payment is a small inconvenience to endure compared to the pooh storm being raised over the CreditFix transfer. I really feel for you guys, and gals, as this is a huge impact on your sanity. So far I have seen no integrity from CreditFix and the token appearance of Greg seems to have frittered away. I honestly hope it is just a flash in the pan and a huge mis communication that your new IP is sorting out.

[Jean.74]

Hi i'm so glad i read this post, i'm not with the same company as yourself but i'm now worried that any money i'v mannaged to save could be taken off me and put towards my iva.

[starbucksqueen]

I transfer money from my current account into my other account each month for my tax bill and this will show on my statements....If CF think they can take this as an asset they have another thing coming!

[recovering]

I am hoping this is just confusion over the initial question of some sort of share scheme ( including monthly payments on expenditure sheet rather than a normal savings account used for usual yearly expenses and any overtime we manage to do. seriously if you think logically we are allowed to keep any extra after the 50/50/20 rule where we put that is not relevant we have abided by the rules. Surely Creditfix need to clarify this before the forum actually explodes in panic! Big brother Creditfix forum prescence for sanity's sake read this and say something!!!!!!!!![:)]

[abbiesmum2003]

It did start with the sharesave question however the person involved (Lou ibelieve) got a response saying no savings allowed and any we have classed as asset. I agree any preiva savings would be taken but if youre in debt enough to neediva chances are there arent pre-iva savings!!! Mel said we could have savings and encouraged us to put away what we could from any overtime (not that we get any!) and from monthly allowances like dental which arent needed monthly but still a requirement. Creditfix do need to confirm their stance on this as causing no end of worry. I know we can have savings and it makes sense too for futureresponsible budgetting. CF are in cloud cuckoo land and can think again if theyre gonna take whats rightfully ours.

[luluj]

Any savings from your allowances, overtime share etc can be put into a savings account - this is yours to do as you wish with. Monthly allowances such as dental, clothes etc will off course build up until required ... but these are your allowances and CF cannot take them back from you.

[Shining]

so we keep saying Luluj but it looks like Greg is disagreeing?

[abbiesmum2003]

yes lulu thats right. We know that, Mel said that, everything you read says that but Greg/CF have said otherwise

[MrsR]

Hi all,

I have just spoke to CF about all this.

You can have an e savings account or additional current accounts to put your allowances into, ie £25 per month for car repairs or car tax, as this is not always needed every month, and it makes sense to keep this spectate until it is needed.

They do not like ISA's as these can hold a few ££££ and therefore this money could be put towards the IVA.

I personally have always had 2 current accounts, an e savings and a cash ISA, but the funds have barely been in any of the savings accounts long enough before being transferred back to be used !!

[abbiesmum2003]

I dont have e-savings, just a general savings account with same bank as my current account. Is that going to be ok?? Like you we put money in then take it out again if get short one week/month. dont have isa. I dont understand why they are different to other IVA companys and why they are making a big deal about us being careful with our money.

[SUC]

I put the money into my Daughters account who is over 18 and she looks after it for me! They have no access or right to look at her bank statement

[Lou74]

It was me who asked the question about sharesave schemes. Just to clarify, I was told I couldn't have a sharesave. (which Im also unhappy about considering others have been told they can, but its gone far beyond that now anyway) I then asked why, and would putting the money into a savings account and accruing interest also be classed as the same thing. The reply was no, a savings account would also be classed as an asset. So I went back to him and said how I'd always been encouraged to save any share of overtime etc, and also would need to put money aside for annual expenditure like car, dentist etc. I said I wouldnt feel comfortable having this money lying about. The reply came back, categorically, no a savings account is an asset which would need to be investigated. I was also told there would be nothing to stop me putting it under a mattress! Whilst this makes absolutely no sense at all to me, what else am I supposed to do if I've been told "no" 3 times??
MrsR, the response you got today makes far more sense, and I can only hope thats correct. Its just another example of all the conflicting advice thats being given confusing and stressing us all at such a great time of uncertainty anyway.