Credit rating following IVA

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by doublemummy » Mon Feb 26, 2018 11:17 am
Hello everyone.
It's been a while since I posted, but I know you all are experts and I have a question.
I took out an IVA in May 2012, and after a few years I made a full and final offer that was accepted about three years ago.
So, my six years is up in May and my thoughts have turned to trying to repair my credit. I have been accepted for an aqua credit card, and my plan is to spend approx £20 per month on this and clear each month. However, what happens about the IVA on my file? Do I need to contact the credit agencies, or will it automatically go?
I have been using noodle to check bits and peices, as it is free. Is this a reliable site?
Thanks in advance
Katie xxx
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by kallis3 » Mon Feb 26, 2018 11:19 am

It should automatically drop off.

Noddle is fine and also consider using Clearscore - also free.
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by Ryan » Mon Feb 26, 2018 11:27 am
Hi Katie,

Your score should improve once the IVA and associated defaults come off in May. It's also best to check Experian as well as the other 2 reports as a lot of Lenders rely on that one.

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by Foggy » Mon Feb 26, 2018 1:17 pm
Have a read here: ... dit-record

Clearscrore and Noddle are OK for keeping an weye on things ... but for a proper check up you need to order statutory reports at £2 a pop from each of the three agencies. There is no need to join any monthly subscription service.
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