Obtaining credit post iva

fred98

Finally debt free, received my IVA completion certificate earlier this year, my details have now been removed from the Insolvency Register.....absolutely delighted!!!

Having learnt some incredibly hard lessons, I would now like to rebuild my credit rating. I understand the best way to do this is to have credit but ensure that the balance is pad off in full prior to the issue of the next statement.

My questions to the forum are:

a) Am I likely to be accepted for credit card applications by reputable companies offering 0% interest so soon after completing an IVA?

b) Are there any companies in particular that I can target to obtain credit?

Thanks in advance.

UpToMyNeckInIt

Congratulations on completing your iva.

Not sure on who might lend at 0% - your credit file may have recovered, but it may not appear 'normal', as you will not have a history of recent good credit.

May be worth getting a Vanquis or Aqua credit card. Poor apr's, but if you post them off each month it won't matter. After 6 months or so, try again for the 0% cards.

[Deleted User]

Congratulations! I'm just wondering why the interest rate would matter as you say you would pay the balance off in full. Do you want 0% because you are looking to buy something on credit?