On a positive note

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shazj1007

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Post by shazj1007 » Mon Feb 13, 2017 7:36 am
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Just checking in after 2 months since completing.
Thing are looking up, a little cash left and the end of a month, things not as tight as they were.
Just managed to get a small loan at 10%apr for a much needed new car, was so scared of being rejected! We did this through Clear score so had an idea of what we were eligible for.
So those of you just starting out or on this bumpy road, it's not all doom and gloom. Things will return to normal and more importantly you will be in a much better position.
This has made us so much more aware of what we can and can't afford.
Good luck everyone. Don't give up hope. It will end eventually x :D
IVA STARTED OCT 2010,LAST PAYMENT 18TH NOVEMBER 2016. COMPLETION CERTIFICATE ARRIVED 17TH DECEMBER 2016.
WE ARE DONE :D
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kallis3

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Post by kallis3 » Mon Feb 13, 2017 8:53 am
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Great post! So glad everything is going well for 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
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Foggy

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Post by Foggy » Mon Feb 13, 2017 8:55 am
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Well done Shaz :-)

Do tell us a little more about the car loan as this is something many of us run up against pretty soon after ending and having been keeping the banger going with string and chewing gum for a few years !
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Lisa Thomas

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Post by Lisa Thomas » Mon Feb 13, 2017 9:20 am
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Good to hear things are on the up for you - thank you for giving an update, which will be positive for others.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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shazj1007

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Post by shazj1007 » Mon Feb 13, 2017 3:14 pm
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Foggy, we got it with hitachi personal finance. Applied through ClearScore as it showed 80% chance of being accepted. It was advertised at a rate of around 4% Apr, so didn't go up to much with our history. Only borrowed 5500 over 5 years @ £127 a month. Got a 13 plate car with 13000 miles so will see us through the loan all being well. Didn't have any issues with application and money was in bank the next day. :D
IVA STARTED OCT 2010,LAST PAYMENT 18TH NOVEMBER 2016. COMPLETION CERTIFICATE ARRIVED 17TH DECEMBER 2016.
WE ARE DONE :D
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kallis3

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Post by kallis3 » Mon Feb 13, 2017 3:22 pm
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Good news for posters looking for car finance.
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
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Foggy

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Post by Foggy » Mon Feb 13, 2017 3:49 pm
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shazj1007 wrote:
Foggy, we got it with hitachi personal finance. Applied through ClearScore as it showed 80% chance of being accepted. It was advertised at a rate of around 4% Apr, so didn't go up to much with our history. Only borrowed 5500 over 5 years @ £127 a month. Got a 13 plate car with 13000 miles so will see us through the loan all being well. Didn't have any issues with application and money was in bank the next day. :D

Excellent --- £127 is manageable -- not too eye watering :-) Thank you for sharing :-)
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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shazj1007

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Post by shazj1007 » Mon Feb 13, 2017 7:18 pm
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No, not bad at all considering we were paying £420 a month into the iva. So still have a bit extra each month :D
IVA STARTED OCT 2010,LAST PAYMENT 18TH NOVEMBER 2016. COMPLETION CERTIFICATE ARRIVED 17TH DECEMBER 2016.
WE ARE DONE :D
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