Hi, if I have an iva and I can borrow more?

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anghel

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Post by anghel » Fri Nov 01, 2019 9:44 am
Hi, if I have an iva and I can borrow more money if I need ?

Foggy

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Post by Foggy » Fri Nov 01, 2019 10:26 am
In an IVA you might be able to borrow up to £500, if your provider (IP) gives permission. But you will not find many ( if any) reputable lenders who will lend you the money. You should not need to borrow any.
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

kallis3

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Post by kallis3 » Fri Nov 01, 2019 11:04 am
Is there any reason why you would need to? If you are having problems you may need to get your I&E reviewed so speak to your IP.
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.
http://kallis3.blogs.iva.co.uk

Lisa Thomas

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Post by Lisa Thomas » Fri Nov 01, 2019 3:54 pm
Are you in an IVA?

What do you want to borrow money for?

You will likely breach your IVA terms and will be unlikely to get any commercial lending due to your credit rating being shot.
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
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