Silly Mistake

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dustyblack
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by dustyblack » Tue Mar 06, 2018 6:13 pm
I think im in trouble i am 10 months to the end of my iva, had a issue and have taken out a provident load but cannot afford to pay it back now. silly thing is in my ive provident is covered from a old load could i add my new one to it?
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Foggy
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by Foggy » Tue Mar 06, 2018 6:41 pm
You cannot add a new loan now. How much is it for ? Why did you get it ?
dustyblack
Posts: 3
by dustyblack » Tue Mar 06, 2018 6:48 pm
Foggy wrote:
You cannot add a new loan now. How much is it for ? Why did you get it ?

Car brokedown and needed it for work £2000
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Foggy
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by Foggy » Tue Mar 06, 2018 6:53 pm
Hmmm -- this could lead to the IVA being failed. Your IP might, in the circumstances, agree to a payment break to cover the loan payments, but this will be added back on at the end of the IVA.
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kallis3
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by kallis3 » Tue Mar 06, 2018 7:13 pm
Agree - hopefully you can get something sorted. Is there anyone who can help you out?
dustyblack
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by dustyblack » Tue Mar 06, 2018 7:18 pm
kallis3 wrote:
Agree - hopefully you can get something sorted. Is there anyone who can help you out?


Ill look into it
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