So I haven't posted for a while, but thought I would present my findings having just completed my first annual review with CreditFix.
I am pleased to say that I was able to reach agreement with CF at the review. There were changes to the I&E but I found CF fine to deal with and I only needed to provide back up or explanations for any increased expenditures.
In actual fact there were some rather large changes in my I&E during my first year (initially with PJG) but I went into great detail about how these had all arisen, gave plenty of information and supporting documentation and was pleased to see CreditFix take this all into account. The figures that I presented (which included fairly significant increases in expenses) were agreed almost to the penny.
I have absolutely no complaints whatsoever, having spent the last two months worrying myself sick at times. And no, I have not been persuaded to comment positively in any way lol.
Hi harrysmummy, yes it did take a while. I think it must have been 6-8 weeks after I sent the information. This is perhaps the only negative aspect.
I did send over a hell of a lot of info though. My covering email was also rather lengthy and went into some detail about the majority of my increases in my I&E.
All very different from my experinces with Payplan - I'm at the end of my IVA now, but despite submitting I&E information for 5 annual reviews now, I have never had any acknowledgement that they've been received or any other correspondence about them! My expenses have risen, my wage has stayed the same, but my monthly payment hasn't changed since 2009.
"If you think it's expensive to hire a professional to do the job, wait until you hire an amateur."
My 1st review is due now, sent it off to creditfix week ago.Thanks to the forum I have managed to fill there Expediture form in.fingers crossed all will be well.
I'm almost due my third review with Stepchange, the first 2 were fine with no issues (fingers crossed for this one).
I always send a long covering letter, it helps explain any unusual debits and credits in bank statements, explains that increases in Sky payments or Netflix for example are paid out of our monthly entertainment allowance instead of going out etc.etc.
As long as you can explain your bank statements then you should be fine, regardless of which company your with.
The hardest part is telling a stranger about your problems ...... it's also the most important!
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by kravarran
I'm almost due my third review with Stepchange, the first 2 were fine with no issues (fingers crossed for this one).
I always send a long covering letter, it helps explain any unusual debits and credits in bank statements, explains that increases in Sky payments or Netflix for example are paid out of our monthly entertainment allowance instead of going out etc.etc.
As long as you can explain your bank statements then you should be fine, regardless of which company your with.
See my allowances give me around 6-700 a month to spend willy nilly a month. Benefits to living with parents still. Meaning i have spotify , netflix , gym , sky , psn all coming out my bank each month. Im gonna get in trouble arnt I? Basically live has never been easier. I have only one asset and thats a secured loan on my car. No mortgage etc. And my debt is pretty much going to be paid in full once the term is over. This is the only thing I think will support me.
If they dont want statements im not concerned. I pay a rate of 200 a month and if i go over my allowed limit i pay a percentage extra (overtime rules). My incomes hasn't changed at all since i started the IVA. coming up to end of year one in couple months. Wow where did that time go?
Last edited by Rickne on Tue Jan 27, 2015 7:38 am, edited 1 time in total.
