I am 6 months into my IVA now and used to pay by Direct Debit every month. Last month I rang the IVA company to advise that I would not be able to make the date but could do it be a day later and do I have to pay by Direct debit or can I pay by bank transfer. They sad no problem then cancelled my direct Debit and sent me paying in slips so I could go to the bank and pay. I did this last month.
My question I am asking at the moment is do you need to pay by a certain day/days or does anybody just pay it as long as it is within the month?
I thought I would ask you all before I ring the IVA company.
It would be best if you set the payment as a standing order, this way you can jiggle the payment date to suit (easier if you bank online) a few days here or there is not going to effect your IVA.
We pay ours by Standing Order. I like the fact that we are in control.
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
I panicked a couple of times when I logged onto Justabank and saw that it said I was in arrears - but then noticed that even though my due date is the first of the month, the payment didn't reach my account until a few days later and then everything was ok.
Big sigh of relief!
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
i also pay by standing order as i get paid every 4 weeks so the date changes from month to month when i get paid so i can just go on line banking and just change the date it comes out i feel more in control this way.
