Posted: Thu Nov 18, 2010 8:18 pm
Confusion over credit rating- I've just been reading the very comprehensive FAQ section on the Vincent Bond website and one thing threw me- it says that the iva will remain in your credit file for 6 years following the completion of the iva...does that mean 11 years from the set up of the IVA?! Similarly it says bankruptcy is 6 years from discharge, I always thought it was 6 years from the date of the BO.
I am currently undergoing major procrastination of which route o choose to draw a line under my debts, but i think if an IVA is going to mean a shot credit file for 11 years then BR might win for me.
I am currently undergoing major procrastination of which route o choose to draw a line under my debts, but i think if an IVA is going to mean a shot credit file for 11 years then BR might win for me.