Today i received my completion certificate, and i am so landed, it really is all over,i am officially debt free, apart from the unofficial £10000 i owe my parents for the F&F offer!
It is a great releif and i am still amazed by how much my life has changed within 16 months, financially i have a tiny bit more money left each month than i did when my iva was running, this is because i set up a standing order and am paying back my parents each month, so i am still living to a very simular strict budget.
i still love that everything i now purchase is paid for in cash, and that i plan and save for things like birthdays and christmases.
I did think that once my completion certificate arrived then maybe soon after i would apply for a credit card to rebuild credit, for one day i will surely need a new car, but at this moment in time the thought of owning a credit card makes me feel physically sick and very anxious, so its definatly not for me at the moment.
one last thing a huge thanks to melanie giles and her team at the iva advice company, always realistic proffessional friendly and everything dealt with in a timely manner.
and a big thank you to all forum members for your advice and support especially in the early days!
what a wonderful resource this site is.
thanks again,
a very happy katxx
kat
IVA accepted 6th May 2011, Full and Final accepted 17th April 2012.
thats great news, Im so pleased that the wait is finally over! best of luck
Rich x
"Always remember that the future comes one day at a time."
IVA completed . Just started a blog, if you get chance please take a look. http://rich.blogs.iva.co.uk/
Hang fire on the credit card for a while - prove to yourself and family you can live without one !
Also use this time now to pay mum and dad back before you get used to having your money back each month - then you will be totally debt free and can start again....
Well done and enjoy your evening !
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
lulu i have lived without credit since february 2011, initially i was terrified of not having the back up of credit, but its amazing to pay for everything in cash, maybe one day i will get one just for petrol and pay it off every month just to rebuild credit files, but not yet its way to soon, like i said the thought makes me feel very anxious, i already have a mortgage so the only thing i may want credit for in the future is a car, and the one i have is not to bad at the moment, so it can all wait, and i am just enjoying being debt free.
kat
IVA accepted 6th May 2011, Full and Final accepted 17th April 2012.
I'm so pleased for you Kat - I remember the feeling well when I saw the certificate!
Good luck now with your debt free life! I have just applied for a Vanquis card as they mailshot me. Just really to put petrol on each month and to clear. Bit scared of having a card again but know it makes sense long term.
We are glad to wave goodbye to you Kat - and thank you so much for your kind words about our company - but know we will keep in touch via the forum. Well done, it has been a pleasure to act for you.
