Hi guys. Could you tell me when I would expect my IVA to fall off my credit report ?

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evesy

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Post by evesy » Fri May 01, 2015 9:41 am
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Hi guys. Could you tell me when I would expect my iva to fall off my credit report ? Is it when I first started my iva? (May) or when it was signed off as completed? (July) I'm confused as to which date is classed as the end of the 6th year??? Also will I see my rating increase slightly straight away??Many thanks in advance :)
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plasticdaft

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Post by plasticdaft » Fri May 01, 2015 9:47 am
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It should drop off roughly 6 years after it went on assuming its completed within that time.

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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Michael Peoples

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Post by Michael Peoples » Fri May 01, 2015 9:49 am
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The credit file should clear up six years after the IVA had been approved. Some defaults will be regstered earlier and sometimes later but this can be resolved.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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Foggy

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Post by Foggy » Fri May 01, 2015 11:09 am
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Good info here:

http://pjgrecovery.com/clean-up-credit-rating.asp

Credit rating will improve when the IVA and defaults drop off, but not much before that.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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