My IVA has now being paid off early and i know it will drop off credit report after 6 years of inception along with the defaults from creditors. The IVA started on July 2013 however some of the default dates on some creditors says start date being 2010, does this mean these will drop off next year rather than waiting until another 3 years?
They should drop off after six years but do keep an eye on it in case the defaults come back on as has been known to happen.
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
The defaults should drop off 2016 however as your IVA will not drop off until 2019 there will be little improvement in your credit rating and your ability to secure any new credit until 2019
