Hi, My car is riddled with unreliability issues, and so I would like to change it. I know that normally I should speak to my IVA company and ask for a couple of payment breaks to fund repairs or buy another banger. Trouble is, that I have got a new contract which is quite a commute (I live in Southa...

I always thought that it was worked out after tax - fairly straightforward. As for factoring in other expenses. Again, that should be ok. Even if you cannot directly apply your more favorable scenario, 'commuting costs' can be allowed for in your i & e allowances. So surely it makes no difference? B...

Speaking as a landlord myself, I don't agree that 'most lenders' will allow you to rent out for 2 Years. I am with Halifax, and they limited me to 6 months. This was a few years ago when Mortgages were easier to find. I had to remortgage the flat on a buy to let product, to raise a deposit for the s...

British Gas are rip-off merchants. They quoted me £9,000 to install central heating. This was £4,000 more expensive than the ex-british gas plumber who did the job. He left BG because he did not like conning people. Apparently BG pressure their employees to try selling replacement boilers. So they w...

It's with Vanquis. They're ok, but they say they routinely apply credit increases to customers who use it responsibly. Knowing how much trouble credit card debt contributed to my situation, I think it could be a slippery slope for some. Just breaching my iva by £200 brought me out in a cold sweat, s...

Hi all,

Thanks for all your advice. I am just going to stay quiet, and reduce my balance asap.

Hi, I am new to this excellent forum, but have been reading it for the last couple of years since being in my IVA. My IVA is generally going OK, and I have managed to get a credit card with a £500 limit (all OK with my IVA terms). A few Months ago, the card firm upped my limit to £1,000, which did n...