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Posted: Mon Nov 26, 2007 6:23 pm
by starboy
can you tell me my son will be 15 years old when my iva finnished /will it harm his credit
Posted: Mon Nov 26, 2007 6:34 pm
by BECKY
If ur son is 10 now and ur running a 5 yr iva it will only show on ur credit file for 6 yrs ,so u will have been able to repair ur own credit by the time hes old enough to get his own credit.
Posted: Mon Nov 26, 2007 9:32 pm
by MelanieGiles
It is unlikely that your IVA will affect your son's credit rating, which in any case only starts from the age of 18.
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp
See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Posted: Tue Nov 27, 2007 11:35 am
by iva experts
Hello Starboy,
There is no need to worry about your son's credit file, as your IVA should not affect this in anyway. As others have mentioned your IVA will show completed on your credit file 2 years before your son is even allowed credit.
Best Regards,
IVA Experts
http://www.iva-experts.co.uk/