Hi! Both myself and my husband completed our IVA last feb and received our cc in June 2012! We have a joint account with nationwide and have the cash card account! Does anybody know hw amenable they are in upgrading to a flex account! Both credit reports have a clean sheet but we have held the account during the IVA which they were aware of!! Really want to upgrade?! Any advice or experience welcome please
I've had a full Flexaccount for years and used it after my BR (they weren't a creditor) and I was recently able to upgrade it to a Flexdirect account even though the BR is still showing on my credit file.
i think it may well depend if 6 yrs have passed since your IVA commenced ie all traces of it have dropped of your credit file
I got my completion certificate 1st Nov and as July 2012 was 6 yrs for me everything dropped off my credit file
This week i upgraded my account from the basic a/c with cashcard+ to a full flex account ( well the new flexdirect actually ) i even got a Select Credit card with a £3500 limit !! a bit worried about this one; ive well & truly learned my lesson in relation to credit and only got it so that when i go on my summer holiday in July, if i run out of cash I have the credit card as a fallback.
So as long as the defaults and IVA have dropped off your credit file and the IVA off the insolvency register theres no reason why the same shouldnt happen to you.
Have you checked your credit file ? i would suggest CHECKMYFILE.COM which i think is £7.99 a month and takes in all 3 CRAs. If you are clear on this wih a high score ( mine was 920 as opposed to 239 this time last year ), your account upgrade should fly through just like mine
Good luck and be sure to let us all know how you got on
For everyone still on the IVA journey there is life after an IVA
Last edited by 12 months to go on Sat Mar 16, 2013 10:33 pm, edited 1 time in total.
Last payment made April 2012
Certificate received 1st Nov 2012
Thank u 12 months to go! Yes 6 years passed! Credit files are clear! I am just dubious as they do know our history!! Credit score 989 so pretty gd! Just hope the cob webs brushed away! Will def let u know hw we get on
a few times over the previous years nationwide cashiers asked me if i wanted to upgrade to a full flex account and each time computer said no ! yet this week it said yes, so im sure the same will happen to you
fingers crossed
Last payment made April 2012
Certificate received 1st Nov 2012
check your scores first and whats on your file......but it all depends on what your bank view is on people with past IVA's
there is a clause in a current account that they can occasionally check the CRA while you bank with them, but you should see this in your search section on your report
time is always the answer, stay focus and you will reach the end all in good time
I would hope if all trace is off your files that they will look favourably...they have the evidence that your account has been well managed in the past
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
