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Posted: Wed Feb 01, 2012 8:23 am
by Hells
Hi I compleated my IVA In October 2010 with a Full and Final settelment. Will this still show on my Credit File for the full six years??. Thanks for any replys or information Regards Helen
Posted: Wed Feb 01, 2012 8:29 am
by kallis3
Hi Hells,
Yes it will unfortunately.
Posted: Wed Feb 01, 2012 2:01 pm
by Tina Shortland
That is the only unfortunate thing about full and finals - the term remains as 6 years fmor the date your IVA started - even if you settle on day 1 or achieve 100p/£
I guess there is still the view that in most cases debt was written off and a period of time is needed to ensure someone doesn't easily get credit again, albeit nearly everyone doing an IVA never wants to touch any form of borrowing ever again!