Get expert opinion. This is the place for new questions to be posted.
-
Kazza07
- Posts: 117
- Joined: Sun Jul 26, 2009 5:03 pm
- Location:
Thanks so much for your replies. Its lovely to have a forum like this, to share the highs and lows. Hopefully we're in good hands with our IVA company, seems we have been so far. Will keep you posted on how we're getting on!
x
-
marksam1
- Posts: 213
- Joined: Wed Feb 25, 2009 9:14 am
- Location: United Kingdom
5 years is not long. i had credit cards with over 30,000 on them paying the minimum, i would still be paying in 30 or 40 even 50 years time
-
Max
- Posts: 2789
- Joined: Sun Mar 08, 2009 12:44 pm
- Location:
Post
by
Max » Wed Aug 12, 2009 8:38 pm
My husband has just calculated that £30,000 @ say 19.5% interest paying 3% of the balance each month would take 32 and one half years to repay and the interest would be £29,740!!! J
-
marksam1
- Posts: 213
- Joined: Wed Feb 25, 2009 9:14 am
- Location: United Kingdom
-
Max
- Posts: 2789
- Joined: Sun Mar 08, 2009 12:44 pm
- Location:
Post
by
Max » Wed Aug 12, 2009 8:52 pm
Now you know why he went to Melanie! J
-
orchid5
- Posts: 1814
- Joined: Sat Jul 05, 2008 2:37 pm
- Location: United Kingdom
Hi kazza welcome to the forum and i hope that you get this sorted out soon. The 5/6years will go very quickly and there will be sometimes when you want to tear your hair out but neverless the fact that soon you will be able to put this episode away will be worth it. Good luck and best wishes.
Om shanti, namesté, good luck to all who are embarking on the IVA journey, it isn't always an easy one but the outcome is the best.
IVA COMPLETED August 2012, received Completion certificate 18.4.13.
-
Max
- Posts: 2789
- Joined: Sun Mar 08, 2009 12:44 pm
- Location:
Post
by
Max » Wed Aug 12, 2009 9:00 pm
Apologies Kazza - I did not wish you ALL THE VERY BEST we both do now! J
-
fbdo
- Posts: 87
- Joined: Thu May 21, 2009 9:59 pm
- Location:
hi Kazza best of luck for your proposal im sure you will be fine 5 years will pass very quckly and life will be alot brighter
I have made my first payment so only 59 to go and its
the best feeling ever and all that can happen is that this number will go down!!!!!![;)]
-
country girl
- Posts: 868
- Joined: Fri Jul 10, 2009 8:49 am
- Location: United Kingdom
HI
It so good to join this forum. I like the idea of Michaels Peoples thought of a consolidation loan, but this time you can not carrying using the cards which I what I done before!
It is hard going and I hope nothing unforseen happens but I do feel so much better and can sleep at night.
Like Jan we will be getting close to retirement when it ends which is a sobbering thought.
Good Luck
Linda
