Spout loans

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George.98

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Post by George.98 » Tue Sep 10, 2019 9:04 pm
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Hi, I have seen advertised a company called sprout loans that offer a way to get out of your IVA earlier by taking out a loan to cover a F&F settlement of the IVA, I was wondering if anyone had ever heard of doing this, or has done this to complete the IVA early? The company I have seen is sprout loans
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kallis3

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Post by kallis3 » Tue Sep 10, 2019 10:09 pm
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Make sure you research this carefully - it can be a high interest loan which may be secured.
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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luluj

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Post by luluj » Wed Sep 11, 2019 5:15 am
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Even if you did this route your credit record would remain showing the iva for 6 years from the start date so think this through very carefully and take some advice.
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
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Foggy

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Post by Foggy » Wed Sep 11, 2019 6:50 am
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Have a read here: https://debtcamel.co.uk/aperture-iva-exit-loan-sprout/

They do work in some instances, but, will cost you a lot more in the long run.
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 » Wed Sep 11, 2019 8:38 am
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How long do you have left on your IVA?
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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kallis3

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Post by kallis3 » Wed Sep 11, 2019 9:15 am
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Is this your second IVA? Previous posts suggest you had one a few years ago.
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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Shaun Vickery

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Post by Shaun Vickery » Thu Sep 12, 2019 9:55 am
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It's entirely possible to borrow funds to settle your IVA early - whether it's suitable to you really depends on your reasons for wishing to do so.
Specialist Mortgage Advisers. Highly Commended at the British Mortgage Awards.

For individual, confidential mortgage advice see my details under the IVA Experts or go to http://clients.theselectpartnership.co.uk/
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katana2471

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Post by katana2471 » Fri Sep 13, 2019 5:05 pm
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Hi I have been accepted for a sprout loan
Cf
Have called for a variation meeting which is to be held this Monday coming.
Fingers crossed they accept the offer.
:(
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