I have had an IVA running since August 2011 and including the equity year I have now completed this. It has been a long 6 years and my Clearscore looked great once the IVA dropped off. Competed Sept 2017.
However it has taken a year to get my completion certificate, which has finally arrived. This has triggered a "Voluntary Arrangement Discharged" entry back on my credit file, which has caused it to plummet again.
Has anyone else experienced this, and does anyone know how long will this last??? Although I'm not planning on rushing out and getting credit, I feel a little miffed if this last a further 6 years on file, pushing an adverse credit file to last 13 years,,,,,,,,
Any help and advice would be very gratefully received.
Thanks for reading.
plymscout wrote:Thanks Foggy,
I have no idea I can't see any corrections I wondered if it was a result of the IVA register being marked as "completed" and woudl then go when the record in the IVA register is removed after 3 months.
It could be -- usually the IVA doesn't drop off of files until after it leaves the Insolvency Register. They might have deleted it early and have noticed the error.
In the last 18 months I have been monitoring my credit file on Clearscore and did indeed see an improvemeny at the 6 year mark when the IVA was no longer showing.
However, when the completion certificate was issued my Credit file plummetted again to a " Discharge Notice" being registered. Can I ask how long this will remain, is it another 6 years or much quicker?
Thanks for your help
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