www.iva.co.uk

Hi All

I am 6 months into my IVA now and used to pay by Direct Debit every month. Last month I rang the IVA company to advise that I would not be able to make the date but could do it be a day later and do I have to pay by Direct debit or can I pay by bank transfer. They sad no problem then cancelled my direct Debit and sent me paying in slips so I could go to the bank and pay. I did this last month.

My question I am asking at the moment is do you need to pay by a certain day/days or does anybody just pay it as long as it is within the month?

I thought I would ask you all before I ring the IVA company.

Thank you.

I would have thought that as long as you make a payment within the same month as yours was due this should be fine.

It would be best if you set the payment as a standing order, this way you can jiggle the payment date to suit (easier if you bank online) a few days here or there is not going to effect your IVA.

I would rather pay by standing order than direct debit. As Fox84 says you can change the date if necessary - you are in control of the payment.

We pay ours by Standing Order. I like the fact that we are in control.

when my iva was agreed the chairman of my meeting advised a standing order so i was in control ,sound bloke aswell.

I panicked a couple of times when I logged onto Justabank and saw that it said I was in arrears - but then noticed that even though my due date is the first of the month, the payment didn't reach my account until a few days later and then everything was ok.

Big sigh of relief!

I also pay my IVA by a Standing oder. M

y new employer made an error this month and paid me three days late. Thankfully I could cancel my SO and do an online transfer once the funds arrived.

i also pay by standing order as i get paid every 4 weeks so the date changes from month to month when i get paid so i can just go on line banking and just change the date it comes out i feel more in control this way.

Excellent. Thank you for all your advice.