Hello Vee, Unlike loans, there will not be any penalty for paying off an IVA. In fact, if an early completion of payments can be managed, creditors may allow the final sum to be reduced in return for getting their money sooner however paying within one month makes no difference to your credit rating...

County Court Judgement is the term for a judgement made against a person or company for debt in the county court. Generally if a CCJ is paid in full within 30 days of the date of the judgement it won’t appear in the credit register. CCJ’s are a matter of public record. They are catalogued and held f...