question category: IVA

My credit rating and an IVA, how bad will it become?

Submitted on: 9th Dec 2008 by Non-Member | Total Answers: 1

If I go for an IVA will it destroy my credit rating?

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Credit rating and IVA

Chances are that your credit rating is already poor and because an IVA goes on your credit file it will be affected. An IVA will stay on your credit file for 6 years which is one year after the IVA would be due for completion.

It will recover if you manage your finances well after the IVA is completed. Here's an anser that talks about improving your credit rating.

 

Popular IVA searches: free iva, iva companies, iva calculator, iva explained, iva gov

Submitted on: 10th Dec 2008 by TA Member

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