Last payment to IVA March after 7 long years. When do I check IVA is removed from records ?

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Emma.cl

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Post by Emma.cl » Sat Apr 18, 2015 9:28 pm
I made my last payment to my iva in March. I have sent my income and expenditure to them.when do I check that my credit files are up to date and my iva is removed from my records. I have been paying into my iva for seven long years.
 
 

Foggy

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Post by Foggy » Sat Apr 18, 2015 9:46 pm
With a 7 year arrangement it should disappear withing the next few weeks. Default dates will need to be checked, but should have already started to drop off. Have a look here:

http://pjgrecovery.com/clean-up-credit-rating.asp
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

luluj

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Post by luluj » Sun Apr 19, 2015 4:53 am
Your credit records should start to show self-repair with dedaults dropping ofF. The IVA will remain on file until closure certificate has been issued ...once received by credit agencies and insolvency service it shoukd be removed quickly without further delay. You should check when this happens that a correction notice is not put on your credit files instead as this will continue to show and impact on future credit applications.
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