End date to my IVA

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


User avatar
Posts: 7
Joined: Tue Jan 23, 2018 9:49 am

Post by jemma » Fri Jan 10, 2020 8:38 pm
My IVA was started in March 2015 however my last payment is October 2020. Is the end date March or October please? I d like to know when it stays in my credit file until as I know it’s 6 years but not sure if it’s from when it started or when the last payment is taken. Thanks!


User avatar
Forum Expert
Posts: 30869
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Fri Jan 10, 2020 9:03 pm
The end date is not fixed, nor is it the date of the last payment. You agree at the outset to make, usually, 60 payments ( which can be extended if there is equity in your home, if owned, or if you miss payments or do not correctly account for extra income). After that there is a period of up to 6 months, where you are still in the iVA but not making regular payments, while they tie matters up. The IVA only ends when the IP issues the certificate of completion.

Credit files will clear up 6 years from the start of the IVA, providing the IVA has completed and all defaults were correctly recorded and dated --- have a read here: https://www.iva.co.uk/what-does-an-iva- ... dit-record
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

Lisa Thomas

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

Post by Lisa Thomas » Mon Jan 13, 2020 9:30 am
You might find this quick video I made about cleaning up your credit record useful:

Credit Karma, Clearscore and Totally Money 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: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”