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Posted: Wed Jul 29, 2009 2:14 pm
by sharon555
hi not been on for a while,iva going really well,just one question i bank with thinkbanking who charge us a monthly fee of 17.50,the halifax has opened a basic account for me,only problem they were the creditors we owed the most money to,do you think banking with them again is ok,they wont just clean me out if i get our wages etc paid in,i was with them for 17 yrs originally

Posted: Wed Jul 29, 2009 2:19 pm
by MelanieGiles
I would be careful of putting your money with a creditor who is included in your IVA - they are unlikely to swipe your money, but they may close the account if they have a policy of not supporting IVAs.

You could try the Secure Trust account which also has a monthly fee, if you are unable to find free banking elsewhere.

Posted: Wed Jul 29, 2009 2:44 pm
by sharon555
i did explain to them on the phone that i had an iva and they were one of the creditors,they said it was fine what do you think thanks

Posted: Wed Jul 29, 2009 2:58 pm
by MRBLUESKY
recommendations regarding banking while in a iva, always state bank with a company you have no debt with.so you have full control of your funds.

Posted: Wed Jul 29, 2009 3:05 pm
by MelanieGiles
If you are sure that the conversation you had is safe enought moving forward, then this should be fine.

Posted: Wed Jul 29, 2009 3:58 pm
by sharon555
i think il stick with my current one for now thanks