Will there be any recognition if I pay my full debt back ?

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Paul.25

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Post by Paul.25 » Sat Sep 12, 2015 11:38 pm
Can I ask what the average percentage of your debt that most people pay back in an IVA ?
I have less than a year left of my IVA and it looks like I will be paying back the full amount of my debt .
Will their be any recognition if I pay my full debt back ?
 
 

Adam Davies

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Post by Adam Davies » Sun Sep 13, 2015 6:46 am
Hi

Too be honest no, your credit file will not reflect this. However you can feel a strong sense of achievement
Regards
Andam Davies
 
 

Lisa Thomas

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Post by Lisa Thomas » Mon Sep 14, 2015 10:40 am
Hi Paul - every IVA varies. I've had an IVA with less than 1p/£ repaid and others with 100% plus interest. At the end of the day it's based on what you can afford.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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