One year to go!!!

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

Dragonforce

Posts: 1
Joined: Sun Sep 06, 2020 9:22 am

Post by Dragonforce » Sun Sep 06, 2020 9:28 am
Hi... We've just had our last annual review and can't believe we've only got one year to go! It's been a struggle at times but it's made us look at our spending habits and definitely changed the way we look at money!

Just wondering if there is anything we can do in our last year to prepare for our IVA coming to an end and ways we can start to improve our credit rating?

Thanks

Foggy

User avatar
Forum Expert
Posts: 31250
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Sun Sep 06, 2020 9:58 am
While the IVA sits on the records there is little you can do to change your ratings as yet, but you can get copies of credit files -- statutory reports, which you can order via the CRA websites -- from each agency and check for errors, especially default dates. If any are wrong and the creditor refuses to cooperate, going to the Ombudsman can take quite a while! Have a read here for background: https://www.iva.co.uk/what-does-an-iva- ... dit-record
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

kallis3

User avatar
Forum Expert
Posts: 75946
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Sun Sep 06, 2020 10:25 am
Well done on getting this far - the next year will hopefully fly by!
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
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”