My credit score it shows accounts linked to my IVA, the accounts are closed.

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Sarahdsk59

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Post by Sarahdsk59 » Sun Feb 11, 2018 11:07 am
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Hi I’m due to end my Iva in March. I’ve looked on my credit score it shows accounts linked to my Iva showing balances. But the accounts are closed. Does this mean my Iva is nearly finished or will continue
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Foggy

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Post by Foggy » Sun Feb 11, 2018 11:17 am
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It means nothing really. Your IVA will close when you have made your agreed payments. Have a read here for general info about credit scores:

https://www.iva.co.uk/what-does-an-iva- ... dit-record


Accounts will show for at least 6 years from the start of the IVA --- make sure the default dates are correct. Account balances and account status's are meaningless in an IVA as many creditors set up dummy accounts.
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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Lisa Thomas

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Post by Lisa Thomas » Mon Feb 12, 2018 9:31 am
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You might find this quick video I made about cleaning up your credit record useful but bear in mind academic until your IVA is completed:

https://youtu.be/PV4RzUY4BRM
Noddle and Clearscore are also free credit agencies to consider using:

https://www.noddle.co.uk/
https://www.clearscore.com/
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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