www.iva.co.uk

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.

If you have had your completion letter, there is nothing stopping you having these cards.

Mortgage wise, have a word with Ryan or Shaun.

Yeah I have my certificate

Spoke to joe at the mortgage place but forgot to ask the question

Feels good no longer being under the terms of Iva it’s hard but worth it in the end