Nationwide recommend a friend £200

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Nikl

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Post by Nikl » Mon Sep 09, 2019 11:06 am
I finished my IVA September 2018 after taking it out September 2017(F&F). Some defaults are still listed for after the completion date which I’m going to write to and change the dates.

I wanted to switch to nationwide for the £200 reader a friend scheme. I don’t want an overdraft but because the relevant account has one I wasn’t accepted.

From experience, how long does it take for credit scores to improve after an IVA if I take as many steps as possible to improve my score?

Foggy

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Post by Foggy » Mon Sep 09, 2019 11:54 am
Basically there is little you can do, credit-wise, until the defaults and the IVA itself drop off of your credit files, which, in your case, will be in 2023.
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

Nikl

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Joined: Mon Mar 12, 2018 4:48 pm

Post by Nikl » Mon Sep 09, 2019 11:55 am
Thank you for getting back to me. Will amended the default dates make any difference?

Nikl

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Joined: Mon Mar 12, 2018 4:48 pm

Post by Nikl » Mon Sep 09, 2019 1:17 pm
Mon Sep 09, 2019 11:54 amFoggy wrote:
Basically there is little you can do, credit-wise, until the defaults and the IVA itself drop off of your credit files, which, in your case, will be in 2023.
In addition to changing the default dates, I the status changes from defaulted to settled would that help?

Foggy

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Post by Foggy » Mon Sep 09, 2019 3:02 pm
The default dates will be amended to the start date of the IVA and will, like the IVA itself, sit on your records for 6 years. Changes from default to settles or partially settled might help marginally, but will make little difference. Also you cannot make the creditors alter the status. In any event, while the IVA is sat there, whether marked current or completed, everything else will not make much difference.
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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