Hi guys. My partner with her child moved in to my flat and we are living together now. It qualifies as a change of circumstances and my supervisor been informed. She is not earning any money or receiving benefits yet so she can not make any proportionate contribution to the household bills. I pay fo...

Thanks Foggy and Lisa. I feel Moneybarn offers bigger loan amount than 500£, and it's a good idea to ask for a few months payment break. But first I will have a try to apply for a membership at credit unions. It's certainly something worth looking at.

Hi (I know the rules about loans money and I have already asked my IP about this loan) Has anyone borrowed money from any source whilst in IVA? (no payday loans, no loans with guarantor, no loans from family or friends, please) I have to buy a vehicle and IP let me borrow up to 500£ (it's always som...

Yes, I have asked my IP about this. Got an answer. Thanks

Yes, I am talking about a Brighthouse style shop or taking fixed term credit, what allows me spread the cost over 10 monthly repayments. Example pay a 10% deposit in store by debit card followed by 10 monthly repayments. So I understand, monthly instalments is like taking the normal credit. Some of ...

Hi

Are we eligible (people on IVA) to apply for monthly instalments to buy something? (If we passed a credit check of course )

Thanks

Thanks Michael for everything

I do not want open a new topic, as the next case is linked to the same credit union.
Since I have started IVA, the credit union still deducted money as loan repayment. By the law, they must not do it. Who is responsible to stop these deductions and how to get payback?

Thanks Micheal for your advice. I know, what to do now

I think in the same way, the figure should be £1126 per month, not £996. All deductions are clearly indicated on my payslips. I see I underpaying my IVA now, but at my first anniversary I will be have to pay all my surplus divided by two from everything over £253. What is the best to do in this situ...

Thanks luluj and Michael. Mine I&E shows income £996 on monthly basis. But I get paid weekly. A Year has got 52 weeks so I could not understand how to calculate everything. I have been told, that my income is set on £230/week. So my figures in the original I&E are not set right, because: my net inco...

Hi I am in doubt :) My net income from my employer is 260£ (since I have started IVA and it has not changed). This income was reduced by 30£ from my net income, as my credit union took these 30£ for a loan repayment. So my net income on my payslip was 230£ on first day of IVA. The credit union is on...

Thanks relieved33 and congratulations for finished IVA. I thought IVA helps people make money to use for live, no just take off from them, because of bonuses from work (PPI, windfall etc...)

I have been told by my IP, that my Debt group deal with extra payments annually. Just wondering, because I receive extra and huge 'Christmas bonus' (not only me I reckon) in December, which makes me go over my monthly income and this extra 10%. In this situation, I would need split anything over thi...

Just wondering, If my IP deal with extra payments annually and I do occasional overtime, it means that I can do overtime and go over on my monthly income in one month, then another few months I keep my normal income (I can keep anything up to 10% of normal pay) and then just calculate my all income ...