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WelshSnapper

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Post by WelshSnapper » Sat Oct 08, 2016 12:18 pm
My IVA was with Creditfix and they recently offered via another company (Just Lending) to pay off the IVA, and take out a loan which I did.

I had about 14months remaining.

Had my certificate today and it suggests writing to Experian and Equifax but I'm not sure what covering letter I should send with the copies. Should I do this soon or is it worth waiting? Some of the threads suggest waiting. I'm in no rush to get credit again so not bothered as such but would be nice to tidy things up.

Thanks for advice
 
 

Foggy

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Post by Foggy » Sat Oct 08, 2016 12:39 pm
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
 
 

Foggy

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Post by Foggy » Sat Oct 08, 2016 12:41 pm
This might also be worth a read --- it would be interesting to get a first hand account of how it went ( is going ) :-)

http://debtcamel.co.uk/perinta-loans-end-iva-early/
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
 
 

WelshSnapper

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Post by WelshSnapper » Sat Oct 08, 2016 3:18 pm
Yes Perinta/Just Lending the company. Think one organised whilst the other is who the loan is with. So far seems ok although they do seem a bit slack with setting up proper repayment systems which was a little concerning.
 
 

WelshSnapper

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Post by WelshSnapper » Sat Oct 08, 2016 3:27 pm
Just read the second article briefly, some of it seems a little inaccurate to me on my specific case anyway.

I am making the same monthly payment but instead of 14 payments remaining it's now 17.

I did take a little while to make my mind up on whether to go for this as had no issues making repayments on IVA. Just didn't want to be hit by a redundancy or something before end and then lose almost 4 years of repayments and being saddled with the original debt again (I assume that could have been a worse case scenario)? The article implys it adds a lot more time onto repayment? In my case it's just 3 months (I hope)
 
 

WelshSnapper

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Post by WelshSnapper » Sat Oct 08, 2016 3:38 pm
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Foggy

This might also be worth a read --- it would be interesting to get a first hand account of how it went ( is going ) :-)

http://debtcamel.co.uk/perinta-loans-end-iva-early/

Thank you btw!



 
 

Foggy

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Post by Foggy » Sat Oct 08, 2016 3:53 pm
Welcome :-)
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
 
 

Lisa Thomas

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Post by Lisa Thomas » Mon Oct 10, 2016 11:27 am
Best of luck - please keep the forum updated with this as I think other posters would be interested to know in case they are considering going down the secured loan option.
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
 
 

WelshSnapper

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Post by WelshSnapper » Mon Oct 10, 2016 8:56 pm
I will do.

Thanks
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