I am hopefully looking at going foward with an iva and changed my current account in preparation and have also opened a savings account (don't know if I will have anything to put in it, but here's hoping!!!)
I had to send in identification to open this, as they say they need to check your identity and I think check you are not going to use the account for any fraudulant/money laundering (I think this is what the letter said)
I would pass a credit check at the moment, not for much longer though!!, and have opened current and savings account with the Co Op, they have been so helpfull so far and the internet banking is very easy to use. They have supplied a standard current account with a visa debit card but I have specified that i want no overdraft facility or credit.
I am so hoping to have my iva approved as I think this will be a chance for me to learn to live on a budget and without relying on credit - this would be a first for me to not have a card to fall back on if you really want something and can't wait and save up.
I think things would be much more appreciated and enjoyed if you have saved hard to get them.....
In an earlier post johnpaul you said you had hoped to borrow money from family to pay off your debts, I am not saying this is wrong but in my experience, when I was much much younger my father helped me out and I did not learn from this and did not have to face up to mess I had got myself in and we ended up falling out and did not speak for over 10 years. I have only just got back in touch with him recently and it is such a large chunk of our lives that has been missed by a silly argument.
I wish you well with your iva proposal and hope all goes well for you
Be positive & look after yourself, there are more important things in life than debts....
Best Wishes
Emma x
