www.iva.co.uk

I am approaching the end of my 6 year IVA.

I am hoping/praying that at the end of it all, there should be no hang-ups and I will get my completion certificate soon-ish.

I have check with my IP and they said there are no problems that they can foresee and it should be a simple closing process.

I checked my credit report today on Noddle, it only shows one creditor from my IVA on there (Halifax), which was a Loan. Is this because Noddle only uses 1 credit check company?

Anyway, when I open it up it shows that from the point of my IVA starting, and every month every since, I have been in default. So lots and lots of red crosses.

Now, is this normal? Bearing in mind they approved the IVA process? If it is normal, does that mean at the 6 year point (which will also be when my IVA finishes), will those defaults turn to satisfied and it will it then drop off my credit history?

So in effect, it will be greens across the board? (as far as Noddle is concerned anyway).

Noddle only uses Call Credit and is a moveable feast.

Info on file clearing here:

http://pjgrecovery.com/clean-up-credit-rating.asp

Don't fret about defaults -- the loans only default once -- but the same default gets reported every month by many creditors ( some just stop bothering).

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Foggy

Noddle only uses Call Credit and is a moveable feast.

Info on file clearing here:

http://pjgrecovery.com/clean-up-credit-rating.asp

Don't fret about defaults -- the loans only default once -- but the same default gets reported every month by many creditors ( some just stop bothering).

Thanks foggy.

Its just a friend of mine who is also in an IVA has no continued monthly defaults on his credit check. So I was worried something was wrong.

All of mine except one reports monthly -- but that will all disappear on the 6th anniversary