Oh we - like all firms - have a few unhappy clients, but this usually results from them not wanting to pay over uplift payments, or increase their payments at annual review time - despite what they actually signed up to do. I don't think there is a firm in operation, who does not get the occasional complaint!
If i could change to your firm now believe me i would do! I dread to think what GT are going to do in my situation because the courts are going to get involved for certain.
Once you complete at 60 payments then that should be that
You sign for 5 years CSO why are we on hold for something that is not of our making
If you booked a holiday 5 years in advance then on the day you were to depart. You are then told. Oh sorry the ship you were sailing on is being repaired come back in a few months. Just give us a call to see how its going. But don't worry we will go in the next yramr. Thanks for paying us but to be honest we don't care
Same thing to me
I think the lack of communication from these companies doesn't help and also the inconsistency in the advice you get when you make a call. Depending on who you speak to your not given the sane information twice. It would be nice if you were given some form of timetable of the closing process and an idea of how long each stage is likely to take. I think when your anxious to rid yourself of this situation then communication is key.
My IVA finishes in July 13, and I spoke to my IP at the end of last year, as I am in the same predictment in respect of needing a new car. They have said much the same as Melanie, as that now your payments have been completed, they won't object to me seeking a car-loan/credit and would be happy to put this in writing in July.
However, it is unlikely that the high street banks would help, so it is likely to be a loan company that has higher interest rates to start with.
That is really interesting thanks for that . I am trying to hang on as long as possible as I think once you've been in this situation credit is the last thing you want to enter into. However a car is a necessary item so I will have to look into it at some stage this year probably. Good luck anyway and thanks for the post
It has loads of different questions regarding IVA and taking car finance.
I have no choice regarding taking a car loan out, but it is necessary for me to do so, and if accepted, I'll still be much better off money wise monthly.
I will speak to my bank, who in the five years never gone overdrawn, but I don't think they'll help.
Hope this helps you, it looks the case that as long as you've completed an IVA, their shouldn't be an issue as such, though the interest may be a bit steep on the loan.
