IVA has never appeared on my credit report.

3 posts Page 1 of 1
Post Reply
 
 

tjw

User avatar
Posts: 1
Joined: Mon Apr 30, 2007 6:47 am
Location:
Post by tjw » Mon Apr 30, 2007 6:48 am
Quote
i completed my IVA early (2years early) as they accepted an lump sum.
however i have noted that during all this time the IVA has never appeared on my credit report.
Why do you this this does not appear?
Also do i have to state my previous iva in future credit application?
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Mon Apr 30, 2007 7:37 am
Quote
Hi tjw

This may have occured for a number of reasons, but the fact that your IVA has successfully concluded means that it probably never will!


You do need to state your previous IVA in future credit applications if asked to do so. Read the application forms carefully, and do beware taking on credit in the future!

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
Top
 
 

Andy2

User avatar
Posts: 106
Joined: Sat Mar 24, 2007 2:17 pm
Location:
Post by Andy2 » Mon Apr 30, 2007 10:46 am
Quote
Hi tjw

Have you checked all three of your credit reports ? Although if it is missing from one it is likely to be missing from all of them due to whatever oversight has occurred. From what I understand it should be in the "Public Information" bit rather than in the credit accounts bit.

It is very likely that your accounts section will have some "8s" against it - indicating defaults - as these happen fairly soon after full payments are not maintained to an account. In this respect your credit rating will be very low so if you were thinking of going for credit bear this in mind.
Last edited by Andy2 on Mon Apr 30, 2007 10:51 am, edited 1 time in total.
Top
Post Reply
3 posts Page 1 of 1
Return to “IVA postbag for may”