I've asked on here before but never got much of a response but wonder if anyone can advise me please?..
I was wondering if anyone who had Amex as a creditor and then re applied for a card (who was previously in an IVA) has been fortunate to be accepted?.
I completed around 2012 and have since had a mortgage and various credit cards (which I mostly pay off nowadays!).
I previously had three Amex cards (I believe only one went into my iva) I just wondered if anyone has done the same, reapplied and been successful after completion of their own iva?.
On my credit files, its currently telling me I have a 70% success rate to apply for any Amex card but wonder how accurate these results would be?, surely some of you must have either had an iva and then applied and now have an Amex card or been a successful candidate once again after defaulting?.
Sorry, I've never had one and obviously others have probably long departed from here.
I would be wary of 70% acceptance, if refused it will show on your credit record as a hard search which may not look good to other creditors. Could you possibly look at a different lender?
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. http://kallis3.blogs.iva.co.uk
Thanks for the reply, yes I could try other providers however, I wanted to get an Amex for certain things for work etc.
perhaps nobody on here has the need for an Amex card which I find strange as I'm in retail and soo many of our clients use an Amex card these days.
Hopefully I may get a few more responses to my question!.
Most of us run shy of any credit card for some time after finishing our IVA's, other than the usual, so-called, 'credit builders' and, by the time they have started down the road of re-applying, have left the forum, so we never get to hear about it.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
The only way that you will find out if they hold information about you is to make a Subject Access Request.
However, there is a difference between what they hold and what they use.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
Under the Data Protection Act 2018, you have a right to gain a copy of the information held about you to ensure that it is accurate.
If inaccurate, you can ask for it to be amended or deleted (please note - this is not about what you would prefer not to be there).
Organisations should generally release this information within 1 calendar month, but are allowed up to 3 months in exceptional circumstances (but they must tell you in advance if they need the extra 2 months).
If you do not get what you need, or you disagree with what they have released, immediately complain to their Data Protection Officer.
I would highly recommend for anyone to do this with their IVA company given some of the postings I have seen recently linked to poor data and not being told who has been commissioned to chase PPI.
I would also recommend for anyone to do this with their GP or hospital record - but please do this after COVID-19, as the law requires a clinical review before release, so that means a doctor having to it, and they are swamped at the moment with treating patients.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
