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Posted: Sun May 10, 2009 6:54 pm
by sharon555
could i get a loan to pay final settlement on iva as this would be cheaper a month than iva payments
Posted: Sun May 10, 2009 7:06 pm
by plasticdaft
How much is your IVA for? Remember you wont get good rates for a loan and taking credit out during an iva is a big no no.
Posted: Sun May 10, 2009 7:10 pm
by kallis3
That's if you can get a loan.
Don't forget as well that your IVA will be completed in 5 years - a loan would last for a lot longer and cost you more.
Unless you have problems with the IVA I would stick with it.
Posted: Sun May 10, 2009 7:15 pm
by Adam Davies
Hi
You could get a loan from a family member and use that as a full and final offer
Regards
Posted: Sun May 10, 2009 9:16 pm
by David Mond
sharon555 wrote:
could i get a loan to pay final settlement on iva as this would be cheaper a month than iva payments
Where were you thinking of getting the loan from?