Can my credit be started to be re-built after F@F

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kml

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Post by kml » Tue Jan 24, 2012 12:40 am
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I'm currently in an IVA. I'm 4 years in and my dad has offered to pay my IVA early. If this is settled now, does it mean my credit can be started to be re-built from now?
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MelanieGiles

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Post by MelanieGiles » Tue Jan 24, 2012 2:33 am
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Your credit rating will be affected for six years from the date the IVA commenced unfortunately, but there is no harm in you offering a full and final settlement as at least this may bring the IVA to an early conclusion.
Regards, Melanie Giles, Insolvency Practitioner
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