Is it 6 years after the IVA that credit starts to repair?

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sophie890

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Post by sophie890 » Wed Sep 23, 2020 3:50 pm
After an IVA is that when you need to start repairing credit on do you have to wait six years after the IVA to be able to start getting credit again

kallis3

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Post by kallis3 » Wed Sep 23, 2020 4:28 pm
Your IVA and defaults will drop off after six years once you have completed. and you should disappear off the Insolvency Register three months after that. Then you can start to rebuild your credit rating.
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

Foggy

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Post by Foggy » Wed Sep 23, 2020 4:59 pm
Have a read here: https://www.iva.co.uk/what-does-an-iva- ... dit-record

The 6 years starts the day the IVA started.
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
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