Does 12 months cooling off period begin from discharge date or from IVA end date

Get expert opinion. This is the place for new questions to be posted.
4 posts Page 1 of 1


User avatar
Posts: 4
Joined: Tue Jan 13, 2015 10:49 pm

Post by Rosiedr58 » Mon Apr 09, 2018 11:12 am
IVA began Jan 2013 discharged in January 2016 (certificate issued and received).
Does the 12 months cooling off period begin from discharge date or from IVA end date? in which case when will this drop off the Clearscore report??


User avatar
Forum Expert
Posts: 77168
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Mon Apr 09, 2018 11:21 am
Your credit rating will be shot until next year. I've not heard of a 12 month cooling off period.
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.

Lisa Thomas

User avatar
Industry Expert
Posts: 7759
Joined: Wed Dec 03, 2014 10:26 am

Post by Lisa Thomas » Mon Apr 09, 2018 11:49 am
I'm not sure what cooling off period you are referring to either?

I presume your IVA finished successfully, albeit early?

You might find this quick video I made about cleaning up your credit record useful:
Noddle and Clearscore are also free credit agencies to consider using:
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: ... Z5k9ZcC2MA 01752 786800


User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Mon Apr 09, 2018 12:40 pm
There is no "cooling off period". The year to which you refer is the usual period between the end of a standard 5 year IVA and the 6th anniversary when it drops off your records (providing the completion certificate has been issued by then). If you have a 6 year IVA or an extension due to equity release it will drop off when the certificate is issued (as this will be after the 6 years it would stay on record once completed) .
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
4 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”