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by geoff.b
Sat Aug 23, 2014 10:26 am
Forum: Ask IVA Forum and Industry experts
Topic: What happens to the interest on PPI ?
Replies: 2
Views: 2080

ive paid quite alot into my iva through ppi,s. my iva finished in feb ive not received the completion certificate yet.my question concerns the interest on the ppi,s what happens to it please?
by geoff.b
Tue Feb 12, 2013 2:54 pm
Forum: Ask IVA Forum and Industry experts
Topic: Hi Melanie, thanks for the prompt response
Replies: 3
Views: 1090

hi, melanie, thanks for the prompt response,in answer to your question the loan was to pay off the existing loan on the house and the rest was to go to the creditors,the lender wouldnt lend unless i paid off the existing loan that is already secured on the house. my ip,s are dfd . many thanks ive sp...
by geoff.b
Mon Feb 11, 2013 10:23 pm
Forum: Ask IVA Forum and Industry experts
Topic: In my book a high interest loan is not a remortgage but that's what I am being steered towards
Replies: 6
Views: 1160

hi, i,m in an iva at the minute.my question is this,i am 61 in july is it possigle to get a remortgage a secured loan already exists on the house, but my ip is trying to steer me towards a high interest loan which would only plunge me deeper in debt,therefore ive declined their offer, ive tried to r...
by geoff.b
Thu Feb 07, 2013 5:14 pm
Forum: Ask IVA Forum and Industry experts
Topic: Doing an IVA twice ? Ridiculous that DFD are offering loan at 18.9% over 7 years to release equity.
Replies: 43
Views: 6436

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by MrsR Thank you for your kind words 12 months to go. We are pleased that our first year has gone sp quick and are adapting to the iva fairly well, which we are most surprised about. I think you are corr...
by geoff.b
Tue Feb 05, 2013 1:53 pm
Forum: Ask IVA Forum and Industry experts
Topic: Doing an IVA twice ? Ridiculous that DFD are offering loan at 18.9% over 7 years to release equity.
Replies: 43
Views: 6436

ive been offered a loan at 18.9 per cent interest by DFD to release equity in my property the repayments will be 410gbp per month my i.v.a is 408 per month last payment due this month.problem is i can not afford it .its ridiculous its like doing an i.va twice the repayments are over 7 years as i.m 6...
by geoff.b
Sun Feb 03, 2013 1:26 pm
Forum: Ask IVA Forum and Industry experts
Topic: FAO experts. Loan offered by DFD to realise equity in no way affordable. I turned 60 in July 2012.
Replies: 41
Views: 6812

f.a.o experts, i have already posted this question,however i,m still none the wiser.i took out an iva 5 years ago iam now at the release the equity in your house stage.debtfree direct have put me in touch with specialist lenders who they use.they offered to lend me the monet at 18.9per cent interest...
by geoff.b
Wed Jan 30, 2013 1:19 pm
Forum: Ask IVA Forum and Industry experts
Topic: Now turned 60. To release equity they want me to pay more than I am paying now for 7 more years
Replies: 5
Views: 1477

my question is simple,february is the last payment on my iva i am now trying to remortgage the equity in the property so far the loans on offer i simply can not afford they are more than i am paying on the iva they want me to pay it for seven more years i am now turned sixty.it seems to me if i acce...
by geoff.b
Thu Dec 01, 2011 4:15 pm
Forum: Ask IVA Forum and Industry experts
Topic: Do your debts finish after the 5th year ?
Replies: 3
Views: 1085

iam going into the 4th year of an iva and they will at some point ask me to try and raise some money by lending against the equity in my house which is now worth alot less than say five years ago . i am concerned as i am 60 in july i cant see any one lending to me, my mortgage is with the the halifa...
by geoff.b
Mon Feb 18, 2008 10:20 pm
Forum: postings for february
Topic: can not afford to take on any more debt
Replies: 2
Views: 1282

iwill be 60 when my 4th year on my iva comes round what is troubling me at that age i can not afford to take on any more debt that is borrowing against the house to complete the iva,at the moment we owe 32000 on the mortgage plus 14000 0n a securedloan there is also a charging order of 17000 for an ...
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