Permission for a bounce back loan

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mike129

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Post by mike129 » Thu Jun 11, 2020 5:06 am
I have done Full and final IVA, all payments are done last year in september 2019. I am waiting for completion certificate. which will come in few weeks.

Can I get Bouncy Back Loan. Do I have to ask my IP for permission?
I have paid all agreed money any way.

My bank is willing to give me £50,000.
What I need to do now.
Its limited company.

kallis3

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Post by kallis3 » Thu Jun 11, 2020 1:55 pm
I would be worried to take out a loan for that much if they would give it to you.
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luluj

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Post by luluj » Thu Jun 11, 2020 6:46 pm
If you are still awaiting your completion certificate then you will need to seek their permission.

£50k is a hefty loan on the back of an iva and I would be really sure that is your best option as the payback on that will be high.

Best wishes in your endeavours and hope it all works out for you
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There is a solution for everyone .... Just need to stay positive !

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