Posted: Tue Aug 05, 2008 11:45 pm
my husband is thinking of getting an IVA, how will this effect my credit rating ? We have a house with a secured loan
Hi gilly and welcome to the forum
It is likely that your husband's IVA will affect your credit rating, but this will only become problematic if you actually try to raise new credit. The effects of the IVA on credit ratings last from six years from the date of acceptance by creditors.