how much interest on a £26 600 debt?

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Post by david.ey » Mon Jul 05, 2010 11:42 am
How much interest would I have to pay on a £26 600 debt? I am 1 and a half years into my IVA.


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Post by Skippy » Mon Jul 05, 2010 11:45 am
Welcome to the forum.

I'm sorry, I don't understand your question - if you are in an IVA interest is frozen on any debts included in the IVA.

Michael Peoples

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Post by Michael Peoples » Mon Jul 05, 2010 11:45 am
I am not sure what you mean. If you have had a windfall there could be interest of 8% per year added but if you are looking for a loan to clear it a financial adviser would be the best place to go.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
If you would like to talk to me about proposing an IVA or have any questions at all please visit
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