New Bank Account After IVA

[Goosed]

After reading a post on the forum very recently from someone who had completed an IVA, had their credit files clear up and been removed from the IR and proceeded to get a mortgage with First Direct Bank all within months, I thought I might try and open a current account with them.

I checked their conditions on their site and it states that `you must not have been declared bankrupt or have REGISTERED for an IVA within the last six years, or be in the process of doing so`

Having completed mine in July after commencing in July 2010,OVER six years have elapsed so I thought I`d be ok to apply. I phoned them to confirm and was told that I couldn`t apply and it would be six years AFTER IVA completion that I could apply[:0]

I explained that would be twelve years after commencing the IVA and was told `yes it can be difficult can`t it`.

I actually think the person I spoke to and the manager they got the info from may be wrong, both assuming that the period IN THE IVA qualifies for the six year condition.

[kallis3]

First direct are notorious with IVA's - wouldn't touch them with a ten foot barge pole to be honest.

[Andy.75]

I think it may have been my post. My 6 yr Iva did complete in march this year. Cc arrived May. My First direct mortgage has gone through without any issues even though i was truthful about the Iva. They have also given me a new current account with them. I asked the same question regarding 6 years after Iva or from start and they informed me that as long as i haven't applied to go into an Iva in last 6 yrs then its absolutely fine. Im now a happy first direct customer

[luluj]

Seems you had a good experience Andy. I know how how Goosed feels - wouldnt personally touch First Direct again having had our account closed by them when in our iva.