Encouraged by your postings I plucked up the courage to apply for an Aqua Credit Card and was approved straight away - Although pleased as its a step to rebuilding credit for future remortgage its a bit scary after managing so long without one!
So I would say have a go - Although we have completed the defaults and IVA haven't dropped off our credit records but we are no longer on the Insolvency register. [8D][8D]
Every Cloud has a silver lining. At the end of the Rainbow is a Pot of Gold - Or Hope!
would say this is a good move, as although you have some defaults to drop off, you can start to rebuild your credit now
just be sure not to fall into your old ways; im not lecturing , but this is what i have to keep reminding msyelf now ive found my new debt free life more enjoyable
Yes i got through my 6yrs IVA , but theres no way i want to find myself in that situation again now , by being daft with my credit card
good luck
Last payment made April 2012
Certificate received 1st Nov 2012
I too have this card alongside the vanquis and each month I put £25.00 of fuel on each and that does me, I see it as being helpful to rebuild a little. once the IVA is off my file I'm going to try and get a high street credit card but until then these are working fine.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
I have no intention of going back down that path and as you say You only use it for £25 fuel each month and I think that's what I'll do too. Did you apply for Vanquis and Aqua at the same time?
Thanks
Every Cloud has a silver lining. At the end of the Rainbow is a Pot of Gold - Or Hope!
yes I applied for both of them at the same time Rainbow. Neither do I have the intention of going down the debt road again. I think after an IVA we have all learned our lesson don't you? x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
This is one of the big plus points ( in my view) of an IVA -- it's like cognitive behavioural therapy. When we come out of the other end we are far more financially savvy than when we went in, as well as, I think, happier with our lot, and far less stressed once the new life kicks in
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Lesley I agree 100%
Foggy agree with you also 100% I love after Christmas post now no credit card bills on the door step in January!!! Enjoy the debt free future that's what I say xx
Every Cloud has a silver lining. At the end of the Rainbow is a Pot of Gold - Or Hope!
When I first went into an IVA I likened it to being transported back to the financially simpler time of our grandparents (for us oldies) --- no bill juggling ... if you had the money, you could buy it .. if you didn't, you waited until you did. And when you did buy something, cash was handed over, and that was it -- it was yours (for better or worse), no waiting for the bill to arrive.
That's not to say that life was easier ( far from it), but you (they) knew where You ( they) were.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Foggy you sum it up well. No extravagance here at all now, no keeping up with whoever, I am who I am and I can only afford what I can afford. Wish I'd learned this lesson many years ago x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Me too. Great advice. Took me five years to learn this. If you want or need something so badly then save for it. It's like going back in time when I saved my pocket money!!
My husband is the worse, if I suggest anything he questions it all and to think he used to the worst and hasnt' really had a lot to do with the IVA, he was in one but I managed it all and the payments etc., but he's really been rehabilitated until it comes to cakes in the shopping trolley!
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
I did like being able to say at work the other day in a conversation about overdrafts that I never go overdrawn, ever. Even three years after finishing I just don't need one, the rehab does work. Everyone at work thinks they need it, when you've done an IVA you realise differently.
"Just when you think that you can make ends meet, somebody moves the ends."
Completely agree ... Almost three years since our last payment to our iva and not been a penny overdrawn ... Been close some months but managed it.
I have a pre- paid credit card, hubby has a vanquis card .... Neither are used for anything but petrol !
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
Agree 100% Never go down that road again - I too had an interesting conversation with people at work and they were astounded when I said no credit cards, no credit and no overdraft - They said Gosh you're old school! if only they knew!!!
Every Cloud has a silver lining. At the end of the Rainbow is a Pot of Gold - Or Hope!
