hi not been on for a while,iva going really well

[sharon555]

hi not been on for a while,iva going really well,just one question i bank with thinkbanking who charge us a monthly fee of 17.50,the halifax has opened a basic account for me,only problem they were the creditors we owed the most money to,do you think banking with them again is ok,they wont just clean me out if i get our wages etc paid in,i was with them for 17 yrs originally

[MelanieGiles]

I would be careful of putting your money with a creditor who is included in your IVA - they are unlikely to swipe your money, but they may close the account if they have a policy of not supporting IVAs.

You could try the Secure Trust account which also has a monthly fee, if you are unable to find free banking elsewhere.

[sharon555]

i did explain to them on the phone that i had an iva and they were one of the creditors,they said it was fine what do you think thanks

[MRBLUESKY]

recommendations regarding banking while in a iva, always state bank with a company you have no debt with.so you have full control of your funds.

[MelanieGiles]

If you are sure that the conversation you had is safe enought moving forward, then this should be fine.

[sharon555]

i think il stick with my current one for now thanks