thinking about getting an IVA but im worried

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carmen.f

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Post by carmen.f » Thu Apr 24, 2008 10:39 pm
Hi I am thinking about getting an IVA but im worried to weather ill be able to get car finance or lease a car whilst in the 5 year arrangment, what advice can you give me on this matter.
 
 

MelanieGiles

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Post by MelanieGiles » Thu Apr 24, 2008 11:12 pm
Hi there and welcome to the forum

There are a couple of companies which offer car finance to people in IVAs, but you might be better off arranging this before you start the agreement rather than half way through. I suggest that you look at a five year agreement in order to keep the repayments as low as possible.
Regards, Melanie Giles, Insolvency Practitioner
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