Can you get a small payday loan in an iva

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michelle841

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Post by michelle841 » Sun Jul 28, 2019 2:24 pm
Can you get a small payday loan if you have an iva

Jessie91

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Post by Jessie91 » Sun Jul 28, 2019 3:06 pm
I know with my ip (creditfix) your not allowed to take out any credit but if you have financial difficulties to contact them about to to lower repayments.

Foggy

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Post by Foggy » Sun Jul 28, 2019 3:41 pm
You are not allowed further credit in an IVA, but some proposals do allow you to get credit under £500 -- but this is to cater for the likes of car insurance and credit meters for gas and electricity. Additionally, you would find it almost impossible to get a payday loan from a reputable source.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

kallis3

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Post by kallis3 » Sun Jul 28, 2019 6:38 pm
Is there any reason why you need a payday loan?
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

magicsam

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Post by magicsam » Mon Jul 29, 2019 1:40 pm
Payday loans are bad news even if you could get one I would steer well clear... I know from experience.

Ryan

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Post by Ryan » Mon Jul 29, 2019 2:44 pm
As has been said best to avoid Payday loans if possible - if the payment break is an option it may be worth exploring. Looking further down the line many Mortgage Lenders currently have a big issue with payday loans having been taken.

Best of luck.

Regards
Ryan Radford
IVA Mortgage Expert
Zebra Money Centre

IVA Mortgage advice needed? Looking at Right to Buy and completed IVA still on credit files ?

Contact me at http://www.ivamortgageexpert.co.uk or via the expert page
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