Hi I had my Iva finished in August 2017 with full and final cleared up my credit reports etc
Iva still showing till November 2018 which I understand six year rule
My question is I have been accepted for a next account and a credit card with capital one on good rates I ain’t going to get in the situation I was once in but I am looking for a mortgage once Iva is off the file, is it ok for me to accept these credit card and next account? Will that help my rating when paying stuff if straight away?
As long as you have had your completion certificate your IP will have no further interest in you taking out new credit. A history of modest borrowing and regular repayments will help boost your creditworthiness in the future. Keep the spend low and try to repay in full each month to avoid the interest charges.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
If you have had your completion letter, there is nothing stopping you having these cards.
Mortgage wise, have a word with Ryan or Shaun.
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
