Can we get a loan now IVA has finished?

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Daisydoo

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Post by Daisydoo » Fri Feb 28, 2020 10:52 am
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Just made the last payments on iva..... now boiler and hubby’s van broke completely-he’s self employed... would we get a loan anywhere????
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kallis3

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Post by kallis3 » Fri Feb 28, 2020 11:24 am
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You will need to wait until your completion letter arrives and your credit record is clear.
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
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Foggy

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Post by Foggy » Fri Feb 28, 2020 11:33 am
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Until you get the completion certificate you are still in an IVA. And, while it is on record ( 6 years from the start) you will find it hard to get a loan and less than 'break your legs' rates.
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
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Lisa Thomas

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Post by Lisa Thomas » Tue Mar 03, 2020 4:21 pm
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It might take up to 6 months to get his completion certificate and up to 3 months for his record to clear.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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Shaun Vickery

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Post by Shaun Vickery » Tue Mar 03, 2020 5:38 pm
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Once you have your completion certificate there may be options for you, depending on your other circumstances.
Specialist Mortgage Advisers. Highly Commended at the British Mortgage Awards.

For individual, confidential mortgage advice see my details under the IVA Experts or go to http://clients.theselectpartnership.co.uk/
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