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Why 6 months for completion?
Posted: Wed Jan 20, 2021 8:28 am
by darren998
I have just paid my final payment to Creditfix. I called them a few days later about the closure process and they have told me it will take 6 months to close my account and also gave COVID excuses. Reading other threds on the internet it usually takes about 6-8 weeks. i want to know why i was told 6 months .
Re: <t>Why 6 months for completion?</t>
Posted: Wed Jan 20, 2021 8:56 am
by kallis3
It can take up to six months, and it's not just CF. Covid does play a big part at the moment, plus Christmas was also in the mix. They may not have had many staff in the office.
Re: <t>Why 6 months for completion?</t>
Posted: Wed Jan 20, 2021 9:00 am
by Foggy
6 months is the standard time scale written into the IVA terms .... actually only a few firms take the full 6 months, many, as you say, do it in a few weeks. In fact CF was one of the faster firms up until the present troubles with staffing and isolations.