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kazza24
Starting Member

United Kingdom
3 Posts

Posted - 22 July 2010 :  18:20:44  Show Profile  Reply with Quote
Could antbody tell me, I have had 2 payday loans whilst in an IVA, in years 2 and 3. These are now paid off and I am starting year 5. I have had annual reviews but as these loans were in the middle of each review they havent been mention and Payplan who I am with havent mentioned them. Will they be picked up by any kind of credit check when the IVA is finally completed ? And if so will the IVA fail because of this ? I havent missed an IVA payment in over 4 years.

Thanks in advance

Karen

gettingoutofdebt
forum expert



2418 Posts

Posted - 22 July 2010 :  18:41:19  Show Profile  Reply with Quote
You should post this on the IVA forum at http://iva.co.uk/ as people there will have a better insight into IVAs.
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kazza24
Starting Member

United Kingdom
3 Posts

Posted - 22 July 2010 :  18:45:15  Show Profile  Reply with Quote
Thank you. I have posted it there as well but I was wondering if anyone on here had a failed IVA for the same reason, and if the creditors made them BR because of this.

Thanks
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Skippy
forum expert



United Kingdom
3290 Posts

Posted - 22 July 2010 :  21:58:02  Show Profile  Reply with Quote
Melanie has answered on the IVA forum, so try not to worry x

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.

Last IPA payment made on 30th June 2010 - it's over at last!
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kazza24
Starting Member

United Kingdom
3 Posts

Posted - 22 July 2010 :  22:29:40  Show Profile  Reply with Quote
Thanks Skippy, I feel loads better. x
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RupertY
Starting Member

1 Posts

Posted - 05 November 2010 :  05:39:03  Show Profile  Reply with Quote
2 payday loans at a time? That's just too much of a loan. Well, it's ok if you have paid for it on time. But as I can see, you haven't just yet paid for it that's why you're on IVA. You're not the only one who's in serious debt and asking people from IVA with regards to your case might be a help.
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