I was wondering if anyone could help me out a little!
Mine and my husbands F&f offers were accepted in July, fast forward to now and our cars MOT is due and we have a feeling its going to be bad! ( engine light just came on ) and the car is very old.
I know our iva will not actually fall off our credit file until the full 5 years are up which is another couple of years but i was wondering if we have any hope of leasing a car in our current situation?
If anyone has managed it would you please let us know who you have had yours with so we can look into it
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 one of you works in the NHS see about the salary sacrifice scheme.
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.
If you have maybe send an email to a leasing company up here in the NE called Lingscars.
I contacted them when I was looking to replace my 17 yr old car but they said as I was still in the IVA at the time they could not help but maybe able to help once completed.
We have got our completion certificates now, It's a case of trying to work out the best thing to do.
Our car is so old now...15 years old and it just seems we are throwing money at it left right and centre. MOT is booked for Tuesday and then we shall take it from there.
If you have the CC then you may well be in a better position than I was (now completed and CC received) so give Lings an email to check.
I had to go to Moneybarn as was still in IVA then and was shocked when they told me I could borrow up to £15,000 I was only looking for around £5,000.
There are a few limits on their scheme for age of car when repayments are fully made and mileage at beginning. They will also only lend up to the Trade Value of the car with you having to find the rest as deposit or Trade in and with a min deposit of £490 (I thing it was).
