Comments appreciated on running a credit report

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naveen
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by naveen » Mon Dec 11, 2017 5:50 pm
Why do Equifax report IVA on court information, when there is no court involvement.

When anyone run the credit report to check it will flag as CCJ because there is court date but no settlement date and it is updated in comments as IVA. People straight away reject in some cases when it flags as CCJ... I feel this is not correct approach... appreciate your comments
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Foggy
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by Foggy » Mon Dec 11, 2017 5:55 pm
IVA's were designed and intended to go through the courts and only stopped doing so as there turned out o be no real need for court involvement in these times of austerity and cut backs. However,y are still a formal and legally binding solution, overseen by the Insolvency Service and, as such, are reported to the credit agencies as a court matter. It is clear on the report that it is an IVA and any rejecteion as a CCJ is down to the lack of knowledge or care of the person reading the report.
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kallis3
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by kallis3 » Mon Dec 11, 2017 10:09 pm
It does not show up as a CCJ but will always show up in court records.
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