pJG/Creditfix/F&F

Get expert opinion. This is the place for new questions to be posted.
2 posts Page 1 of 1
 
 

ivamess

User avatar
Posts: 253
Joined: Wed Feb 05, 2014 2:02 pm
Location:

Post by ivamess » Wed Oct 29, 2014 12:54 pm
I am stuck now and don't know what to do. My father needs me to visit every couple of weeks since my mum died and he is 85. This is a journey of some 100 miles so he offered to lend me the money for a F&F and I could pay him back.
But the IVA is in the throes of being transferred to Creditfix so I am stumped and don't know whether to go for it or hang fire with it. What would be best? Is it likely to take ages, to have the 23% Creditfix fees applied to it (in which case I will forget it as won't be able to afford it).
What do those of you in the know about these things feel? Any suggestions?
 
 

UpToMyNeckInIt

User avatar
Posts: 607
Joined: Fri Aug 03, 2012 3:25 pm
Location: United Kingdom

Post by UpToMyNeckInIt » Wed Oct 29, 2014 1:25 pm
Personally, I would wait until your iva is transferred, then make your f&f offer.

Being as they are a newly formed company, having just invested in buying a large iva portfolio, CF might be amenable to approaching your creditors with your offer, to give them a quick win.

Worth a go. The worst they can do is day no.

Good luck.
My opinions are just that: Based on my experience and being a self-employed IVA customer.
2 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”