My IVA has been transferred to Credit Fix, I am now getting calls from companies offering me loans to pay off the remainder of my IVA. I have refused as that is what got me into this mess in the first place but do I have any comeback to Creditfix who have obviously passed my details on?
Check your original paperwork - if there is no mention anywhere of a loan then you can refuse to do it.
You can speak to Creditfix and tell them you are not happy with this and also tell them not to pass anymore details on.
You might find that some of these offers come from companies who have trawled the Insolvency Register and have sent these letters out in the hope that someone will apply.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Many of these "offers" do come from Register trawlers, however, some firms do pass on details to "associated" companies. I would imagine that, somewhere deep in the small print, there is a short sentence where we agreed to this. But, as Kallis says, our obligations are bound by the terms of our arrangements, and if secured lending isn't an agreed option you do not have to respond.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
CF seem to be offering unsecured loans through another company. These are unorthodox to say the least and anyone should be very careful about taking on more debt. Surely in most cases it would be better to just let the IVA run its course.