Loan to settle IVA's

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

m632

User avatar
Posts: 1
Joined: Mon Mar 09, 2020 8:55 pm

Post by m632 » Mon Mar 09, 2020 8:55 pm
I am on IVA since last 10 months. My wife is on IVA as well. We both wants to settle IVA early. We are looking for someone who can provide us loan which we can settle IVA early exit loan. Thanks

kallis3

User avatar
Forum Expert
Posts: 75950
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Tue Mar 10, 2020 10:03 am
Hi, I very much doubt you will be able to secure a loan to help you unless you have a friend or relative who can help you out.
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

User avatar
Forum Expert
Posts: 31256
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Tue Mar 10, 2020 10:55 am
Early exit loans tend to be used in the final years of the arrangement, not almost at the start. Some providers have used Sprout loans. Have a read here though: https://debtcamel.co.uk/aperture-iva-exit-loan-sprout/

Also have a read here: https://debtcamel.co.uk/perinta-loans-end-iva-early/ -- This is aout Creditfix and Perinta, but the sentiments still apply to other lenders.
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
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”