Search found 837 matches

Search found 837 matches Page 1 of 56
by abbiesmum2003
Sun Jul 07, 2019 9:31 pm
Forum: Ask IVA Forum and Industry experts
Topic: What if my IVA is not accepted?
Replies: 2
Views: 1384

If you have a good offer and been through your expenditure well and the amount to pay is fair you stand a good chance of accepting. We all had these feelings. Its hard work but very much worth it if you know and understand your responsibilities during an IVA. Your IP shoukdnt have put offer through ...
by abbiesmum2003
Sun Jun 30, 2019 9:04 am
Forum: Ask IVA Forum and Industry experts
Topic: Accessing my bank account
Replies: 11
Views: 2265

Gareth try not to worry about the equity but at the moment. You wont lose all your equity. There are lots of clauses written into iva terms and you can only borrow based on what somwone will lend you based on your affordability and your payment has to be 50% of what your iva payment is. We did it la...
by abbiesmum2003
Tue Jun 18, 2019 8:47 pm
Forum: Ask IVA Forum and Industry experts
Topic: mortgage question
Replies: 9
Views: 1193

The best advice I can give having been where you are a few months ago is to be patient amd concentrate on clearing up credit report. Make sure you register with Clearscore, Experian, Totally money, Credit Karma...all are free to register with amd give you free access to score and report. Get default...
by abbiesmum2003
Mon Jun 17, 2019 10:34 pm
Forum: Ask IVA Forum and Industry experts
Topic: mortgage question
Replies: 9
Views: 1193

It depends what you mean by black mark and how long ago you completed. If its over the 6th anniversary, the IVa has gone from your credit report and your report is clear of defaults then you shouldnt have too much of a problem. If you dont have a clear report and still trace of iva/bad credit histor...
by abbiesmum2003
Sat Jun 15, 2019 5:12 pm
Forum: Ask IVA Forum and Industry experts
Topic: Secured loan
Replies: 21
Views: 1455

Catherine Im glad you have had the same experience with Select as I did. Really attentive informative helpful and genuine. I am actually in discussion with them again now looking at new mortgages to see if we can move....a year on from when we first looked at equity release stuff. Hope you get your ...
by abbiesmum2003
Thu Jun 13, 2019 6:27 pm
Forum: Ask IVA Forum and Industry experts
Topic: Secured loan
Replies: 21
Views: 1455

I think youll be pleasantly surprised. It will be based on your share of the equity. So much criteria for the loan to meet which Foggy has listed. I thought theyd take 15% of my equity but they dont. They can only get what the lender will consider lending based on affordability criteria. You wont be...
by abbiesmum2003
Thu Jun 13, 2019 5:29 pm
Forum: Ask IVA Forum and Industry experts
Topic: Secured loan
Replies: 21
Views: 1455

Sorry i didnt explain that properly....It technically is over 25 years but we wont ever pay it for that long. Its secured on this house so as soon as we sell it willbe paid off there and then. Select said theyd get in touch with us in 12 months to see if they can get better rate on it or remortgage....
by abbiesmum2003
Thu Jun 13, 2019 10:58 am
Forum: Ask IVA Forum and Industry experts
Topic: Secured loan
Replies: 21
Views: 1455

Hi there We we t with the secured loan option last year despite it not being in our original T&Cs. Select talked us through and we decided it was an ok option for us. We didnt want to lose our high street mortgage and get a full remortgage with bad credit lender. We couldnt afford the mortgage fees ...
by abbiesmum2003
Tue Jun 11, 2019 8:23 pm
Forum: Ask IVA Forum and Industry experts
Topic: credit score!
Replies: 11
Views: 3594

Im not going anywhere lulu!
This forum is a lifeline. The amount of knowledge experience non judgement is comforting and reassuring.
Im here to stay!
by abbiesmum2003
Tue Jun 11, 2019 8:00 pm
Forum: Ask IVA Forum and Industry experts
Topic: credit score!
Replies: 11
Views: 3594

Hi Katie As said already, all the accounts which were included in our IVA had dates around the time we started IVA so they disappeared from our credit report. only accounts on there now are what we have...current account, a credit card, mortgage, the loan we got for equity release and mobile phone c...
by abbiesmum2003
Tue Jun 11, 2019 7:50 pm
Forum: Ask IVA Forum and Industry experts
Topic: Is remortgaging or an extra year of payments normal?
Replies: 3
Views: 2175

As already said this is normal standard procedure at the end of IVA and would have been explained and detailed in your terms which you signed before IVA commenced. If your share of equity in property is over £5000 you must try amd release some funds from equity in form of remortgage (or secured loan...
by abbiesmum2003
Mon Jun 10, 2019 11:32 pm
Forum: Ask IVA Forum and Industry experts
Topic: IVA extended 6 months while 'property reviewed'
Replies: 9
Views: 2899

Hi steve I was in similar boat last year with CF and their delays sorting my equity release. select had been fab and we had a figure available to end our iva but CF changed paperwork and kept being delayed. I had paid my 60 contracted payments and basically told them I would not make anymore payment...
by abbiesmum2003
Thu Jun 06, 2019 11:47 am
Forum: Ask IVA Forum and Industry experts
Topic: Should have gone bankrupt
Replies: 10
Views: 2416

Glad this has been mentioned...... Will companies get back in touch with people whos IVAs are completed and want to chase the misselling of these other products? Should we all be expecting letters to chase this new line of income even when iva complete and Ppi claimed? Seems alit of work to chase ev...
by abbiesmum2003
Tue Jun 04, 2019 11:53 am
Forum: Ask IVA Forum and Industry experts
Topic: credit score!
Replies: 11
Views: 3594

Can not believe what Ive just seen. Completed my IVA in October 2018. Got a credit card with a small limit and used it sensibly and paid it off. Have gradually seen credit score rise and defaulted accounts fall off. My Experian score today is 951/999! We are in contact with select about a mortgage t...
by abbiesmum2003
Tue May 28, 2019 9:08 pm
Forum: Ask IVA Forum and Industry experts
Topic: Worried that my iva might be rejected
Replies: 35
Views: 3626

well done for facing debts and takingn some action. Its hard to admit too but you sound like you have a sensible approach. Youre little girl will be none the wiser and will help her in the future. Weve all been there with the sleepless nights and worryabout accetance. As already said they wouldnt pu...
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