Payslips request

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Ap2026

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Joined: Thu Nov 26, 2020 4:11 am

Post by Ap2026 » Thu Nov 26, 2020 4:18 am
I’ve been asked to send Creditfix all my payslips from the past 12 weeks and last years p60. As a quarterly review and have been told this is now mandatory.

I only started my Iva in August and was told I would only be reviewed once a year in the annual review. I can’t see anything about sending my payslips every quarter in my agreement.

Does anyone else do this or have heard of this?

Foggy

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Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Thu Nov 26, 2020 7:50 am
I have not come across quarterly reviews for someone in a PAYE job with a stable income and it is also unusual for CF to do anything they don't need to. I would ask them why. But, at the end of the day, you have to comply with all reasonable requests and monitoring income is reasonable. Some other IPs request all payslips, although this is overkill as the P60 provides all they need and the latest payslip will give a running total.

I suspect this is to catch pay increases earlier than is traditionally done.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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