www.iva.co.uk

Do you stand a better chance of opening a current account with insurances, once your IVA is marked as settled?

As in still on your report but been paid off.

Or does it make no difference at all

Lee

Your credit score will increase by a few points, but will still be marred by the presence of the IVA, albeit marked completed. The account might not be an issue, but the insurances might decline cover (which you might not be aware of until you come to claim).

Some insurances won't touch you if you've ever been in an IVA.