Does the IVA company do a final credit check on the final payment ?

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Jase

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Post by Jase » Sun Sep 18, 2016 3:52 pm
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Hi. My Iva ends at Xmas but I have a credit card with money owing on it. Do the Iva do a credit check on me on the final payment. Thanks.
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kallis3

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Post by kallis3 » Sun Sep 18, 2016 4:00 pm
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Hi,

How have you managed to get a credit card whilst on the IVA?

Secondly your company may well do a final review with needing bank statements so be prepared for that.
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
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Foggy

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Post by Foggy » Sun Sep 18, 2016 4:54 pm
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They are unlikely to do a credit check unless given reason to -- however, these things do have a habit of coming out of the woodwork!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Lisa Thomas

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Post by Lisa Thomas » Mon Sep 19, 2016 12:22 pm
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How have you managed to get a new credit card post IVA?

How much credit have you had on it - if your IP finds out you might have breached your IVA for not seeking their permission for getting over £500 credit however I doubt they will find out.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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kallis3

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Post by kallis3 » Mon Sep 19, 2016 12:31 pm
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I take it you meant during the IVA Lisa?
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
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