www.iva.co.uk

Can you have a cheque guarantee card whilst in an IVA? Assuming the bank lets you? And assuming i ever get into an IVA with my current situation....

Regards

Steve

I have one Steve with Smile online banking, I have this with the approval of my IP although I only use it for school activities for daughter as they insist on payment by cheque the whole time even for minimal amounts. The account has no overdraft facility and I only pay into what I need to spend on cheques and use my Natwest account for all other expenses with Solo card.

Thanks Lesely, there are just certain things that are coming to mind that i dont know if i can and cant have or do etc

Steve

We're all to help Steve, keep posting and I'm sure somebody will have the answer to most of your queries and there are experts here for the more technical queries. All the best x

we have guarantee card with cheque.. but to tell you truth never used it except to pay first couple of IVA payments. ours is Smile too

I had a chequebook and cheque guarantee card when I was in my IVA.

We don't have a cheque book or card with Nationwide. I have kept our Barclays account open, but as they are one of my creditors, there is all of 45p in there!

I shall keep it going until such time as they either close it, or my IVA finishes and I can pay money in and use the cheque book again.

Hi There,
I have been told, but can't verify, the Co-op will offer you a cheque book after six months. You do miss the security of a cheque book, but at the same time it helps not to have one as the risk of further increasing debt is removed. Be sure you want a guarantee card for the right reasons.
Take care,
Hugs,
Chardonnay

I've never used my guarantee card at all, I only needed the cheque book for daughters school as they insist on chq payment or it's a visit to the finance office and she won't do that