future credit after IVA?

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sxy

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Joined: Tue Sep 30, 2008 7:44 pm
Post by sxy » Tue Sep 30, 2008 7:44 pm
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does this affect your future credit by taking an IVA?
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Skippy

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Post by Skippy » Tue Sep 30, 2008 7:58 pm
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Hi sxy and welcome to the forum.

Your credit rating will be affected for 6 years from the date of the creditors' meeting. Once the 6 years are up you may still have a problem getting credit as you will have a credit 'clean sheet' and you will need to build your credit rating back up.
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