Credit File - I'm confused !

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Jo1979
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by Jo1979 » Fri Aug 04, 2017 12:48 pm
Hi there,
I'm after some clarification if anyone can help me please:)
I just read on another site that an Iva remains on your credit file for 6 years AFTER you make your last payment?? Is this true???
My Iva started on August 12th 2011 we will be making our final payment on August 30th 2017 (Iva extended for 12 months in lieu of equity)
So am I right in thinking that the Iva will be listed on my file until August 2023!? Thanks in advance
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Foggy
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by Foggy » Fri Aug 04, 2017 1:01 pm
The other site is wrong (which was it? ). It will drop off, if the IVA is completed, on the 6th anniversary of the start of the IVA --- have a read of the links I popped in my reply to your other post :-)
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Ryan
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by Ryan » Fri Aug 04, 2017 1:06 pm
Hi Jo,

As Foggy says it will be on for 6 years from the start and normally then removed within 3 months of the Completion certificate being issued.
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Jo1979
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by Jo1979 » Fri Aug 04, 2017 1:13 pm
http://www.iva-advice.co/resources/life ... an-iva.asp
It says on here 6 years after your last payment.... maybe a typo ?

Thanks so much for the replies! Im tiptoeing my way to the finish line with everything crossed that it's as smooth as the last 5 yrs 11 months have been with regards to our IP ..... hopefully no last minute hitches !!!
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Michael Peoples
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by Michael Peoples » Fri Aug 04, 2017 1:21 pm
It can be six years after the last payment in a DMP but not an IVA.
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Foggy
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by Foggy » Fri Aug 04, 2017 1:25 pm
Jo1979 wrote:
http://www.iva-advice.co/resources/life-after-an-iva.asp
It says on here 6 years after your last payment.... maybe a typo ?

Thanks so much for the replies! Im tiptoeing my way to the finish line with everything crossed that it's as smooth as the last 5 yrs 11 months have been with regards to our IP ..... hopefully no last minute hitches !!!



Looks like a typo
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