www.iva.co.uk

Does anyone know if an entry on the credit report has a nil balance and the settlement date is within 6 years will it still have an adverse effect? There are no defaults showing, just a nil balance. On a seperate note I am having issues with Experian not removing my IVA from my report, I have sent them my CC but they are dragging their feet updating my details. The other 2 CRAs have. My 6 years was up in June this year so it is really frustrating.

Hi, not sure myself Louise but am confident someone will so will keep this bumped up for you.

I don't think it will have an affect - I would have thought it would be no different to a closed loan or credit card showing on your file. Hopefully someone with more knowledge will be able to confirm.

I agree that it shouldnt have a negative affect, an entry such as this is simply showing the account has been paid in full

Great thanks, just need to take on Experian now then to get them to update my records.