Well done for reaching the end of your iva. Your credit reports will remain showing the iva until the 6th anniversary of its start date.
Once this date has been reached defaults will.be removed and over time your credit rating will improve.
Taking new credit immediately after the iva ends will not be easy as your iva will still show. You should look to manage within a budget and build your credit rating slowly.
It took a couple of years for our files to return to normal after our iva ended etc ... five years on we now have normal high street mortgage and credit card for emergencies and a car leasing payment on credit. So it does happen
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
Well done on getting to the end of the IVA. Till your credit improves at least you can enjoy the knowledge that your money is your own (barring unexpected windfalls).
