Hi, ive beennin my iva for just over 3 years now and I've been offered the option of completing now by means of transferring it to a loan, which id like to do...can clear that off easier and be debt free...however I changed my job last year and didn't tell my iva company is this likely to cause a problem? Thanks in advance. Oh, applying direct to this loan company is also an option.
Changing jobs shouldn't be an issue as long as you have been open and honest about the income. As for the loan, these work well for some, but some creditors will not accept early settlement funded by a loan. As for dealing with the loan company direct, this is fraught with danger: You need your IP's permission to seek a loan whilst in the IVA and it has to be tied in with the full and final offer, otherwise you could be deemed to be in breach.
Best of luck with it.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk