I've been with ntf for 3 years now paying 95 a month coz I've earnt 3200 roughly more last year ntf are now asking for 480 a month it works out I'm paying back how much debt I was in. In the first place I thought the idea was to slash your debts are ntf a proper registered company with the government does anyone know
NTF are a properly registerd company. The purpose of an IVA is to pay back as much of the debt as possible, NOT to pay back as little as possible. They are correct in asking for a share of extra earnings, as agreed in the terms of your IVA.
You say you will end up paying back the full debt, but remember, you are not having to pay the interest.
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
Agree they are a proper company. Agree also with Foggy saying you pay back as much as you can.
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