I do think that it can depend upon who you speak to sometimes.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Hi, Saltkitten, they sent me the forms and said they would do a full credit check, so I didn't return them (I am a wimp sometimes). Anyway I opened an e-saver account with Yorksire B.S. Skipton also confirmed to me (I e-mailed the CEO) that they don't credit check savers.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
i applied to co-op and natwest this week (as recommended on this forum ) got accepted by both i chose the co-op and its up and running already and ill get a debit card within 5 days i was upfront and told them i had an iva , wasn't a problem for them and super speedy service
I'd keep the other one as well - you can always put savings into there.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Have received details for our new co-op account but they have turned down our application for a savings account!?!?!?! HOw can we have a bank account but not a savings account??
Co-op are well known for doing this. You can always open another cashminder and use that to put away savings.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I believe that they don't think you should be saving money whilst in an IVA, it should all be going to the creditors.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I am putting any of my allowances not spent at the end of each month into a savings account. Still available if and when I need it and safe from "frittering" if I don't.
Obviously some of it will have to be dipped into --- things like the contingency fund, car repairs allowance, and anything we don't spend on the housekeeping is going in there ... so the repairs and contingency might be called on later -- if not all the better .... first time I have been able to save anything in years !
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
We were putting away money for the cars etc as we were told to do by our IVA company. We don't intend on saving as such just putting money aside that we have been allocated for repairs, tax etc.
