Hi all, i have recently paid my offer I put to DFD and so the iva is all finished. my question is when can i apply to get a normal bank account? I have used the co op up until now but would like to go to lloyds or HSBC. Thanks
Basic bank accounts are available across the majority of banks since January 2016 irrespective of your credit status.
However hsbc are notorious for cherry picking customers based on credit score.
Your iva remains on your credit score for 6 years irrespective of how early it ended.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
Don't touch HSBC or First Plus with a ten foot barge pole!
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
If the IVA is still on your record then HSBC won't even look at you.
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
Some firms can take up to 6 months - I'm not sure if DFD are one of the slower ones - some other posters should soon let you know.
Yes I recommend you keep the pressure on them - it should only really take couple of weeks in practice or a 5-6 weeks if creditors have to be sent an additional notice because they haven't put their claim forms in yet.
Dfd do things their way - not necessarily the right way.
They can be slow with issuing the cc and the f&f may not be necessarily the end of things.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
Please drop me an email (address is in my profile), with all your contact details and I will get in touch to discuss your issue further.
Look forward to speaking to you soon.
Sorry but experience from the board suggests that dfd do things a certain way.
Look at the posts linked to lilaclady.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
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
