OK many thanks everyone.

Thanks Foggy. I will of course look at gaining approval from Idem Servicing. I have been informed that these Asset management companies get a % from any default, and it is common practice to engineer defaults by way of interest rate rises etc. They claim a % back from Picture Finance, and the origin...

Hi everyone, New on here, but have been looking in for sometime now. We have a Picture secured loan, who have transfered this over to a company called Idem Servicing. Although not in an IVA, we are considering our options. One of them is asking Idem if we can reduce our current monthly payment from ...