Iva query

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Lee-2019-2024

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Post by Lee-2019-2024 » Thu Aug 13, 2020 2:09 pm
Hello guys, long story short.

I’ve started 5th feb 2019, I am with aperture, I’m going to go ahead with a sprout loan to pay my Iva in full in August 2021, I have to wait until I’m 30 month in.

The question is although I no my credits shot for 6 years and defaults etc will still be there, once sprout have paid this and completion certificate has been received would this by any chance what so ever help me get car finance before the 6th year mark?

Many thanks

kallis3

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Post by kallis3 » Thu Aug 13, 2020 2:26 pm
Depending on your creditors you may find that they won't accept a sprout loan - this has happened recently to one of our posters. I, prsonally would be surprised, if you could get any finance before the six years is up.
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Foggy

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Post by Foggy » Thu Aug 13, 2020 2:27 pm
Some lenders will consider you for finance -- depending on what sort. But, it will be far more expensive than you would get after the credit file clears down. Moneybarn are often mentioned as being helpful lenders.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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luluj

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Post by luluj » Thu Aug 13, 2020 2:44 pm
definitely worth speaking to Moneybarn or a lease hire company and explain your circumstances...we found we were able to lease a car whilst it was on our records just because we had been honest from outset with them and could show the certificate of completion
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Lee-2019-2024

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Joined: Thu Aug 13, 2020 2:05 pm

Post by Lee-2019-2024 » Thu Aug 13, 2020 8:39 pm
Thanks everyone for replies, will see how it goes and will let everyone no 👍
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