Credit unions post IVA?

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kallis3

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Post by kallis3 » Tue Jan 03, 2012 4:16 pm
Co-op are well.known for that. I don't think they reckon you should be able to make savings in an IVA.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
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plasticdaft

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Post by plasticdaft » Tue Jan 03, 2012 5:11 pm
Pretty ignorant to turn me down without knowing anything about me other than whats on my file,perhaps I am too used to getting credit easily for several years.

Funny though that I dont feel too disheartened by the rejection,may be down to the local credit union returning a dividend of 5 times that which the co op were offering.Still wont get rich on it but then neither will any bank.

Paul

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
 
 

MelanieGiles

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Post by MelanieGiles » Wed Jan 04, 2012 8:08 pm
Sounds like a no-brainer to me Paul!
Regards, Melanie Giles, Insolvency Practitioner
 
 

briggadeen

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Post by briggadeen » Wed Jan 04, 2012 8:43 pm
We were in a credit union pre IVA and I highly recommend them. I'm hoping that come completion we will be able to start afresh with a new one or pay off what we owe the other! (Apparently that is an option)

They gave money towards funerals and double your savings upon your death to give to next of kin. The dividend is also paid out just before xmas.

And we're also in Northern Ireland [:)]
 
 

MelanieGiles

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Post by MelanieGiles » Wed Jan 04, 2012 10:41 pm
Which one are you in briggadeen. Let's give them a plug to help other posters who may be in a similar situation to Paul.
Regards, Melanie Giles, Insolvency Practitioner
 
 

plasticdaft

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Post by plasticdaft » Wed Jan 04, 2012 11:01 pm
Definately worth plugging away given the attitude of even one of the better banks.

I cannot be a credit risk by asking for a savings account!!!!

Computer says no,springs to mind.

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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