My IVA agreed amount is about 10k, less than what I actually owed. Just a quick q, with getting a better job, earning more etc etc, change in circumstance and now paying a 1/3 more each month, will my payments be paying off the agreed amount or will it be increased up to what I actually owed? and stick to the original 60 month term.
thanks very much in advance
If you are a homeowner, that 60 month term could also be extended by 12 months, according to equity release provisions.
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