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When will my credit be repaired?

Posted: Fri Feb 08, 2019 6:21 am
by Nikl
I’m a single mum to three so my only hope of entering the property ladder is shared ownership.

I entered an IVA in October 2017 and F&F in September 2018. So is it 6 years from the start or end of my IVA that my credit score is wiped clear?

Re: When will my credit be repaired?

Posted: Fri Feb 08, 2019 7:46 am
by Foggy
Six years from the start, as long as everything is dated correctly -- which you can work on in the meantime. Have a read here: https://www.iva.co.uk/what-does-an-iva- ... dit-record

Re: When will my credit be repaired?

Posted: Fri Feb 08, 2019 8:14 am
by Ryan
As Foggy says realistically on shared ownership it would currently be 6 years after the IVA began.


Regards