We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

which bank for secured loan after IVA???

lbell3011
lbell3011 Posts: 1 Newbie
in Loans
Hi, Im after getting a secured loan or remortgage and wanted to find the best lender thats not going to rip me off and which banks lend after being in an IVA we are 18mth clear of that now ..advice would be greatly recieved ... Thanks in advance

Comments

  • middleclassbutpoor
    middleclassbutpoor Posts: 774 Forumite
    Sixth Anniversary 500 Posts Name Dropper Photogenic
    maybe better posted on mortgage boards?
  • poppasmurf_bewdley
    poppasmurf_bewdley Posts: 5,946 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If you are only 18 months out of an IVA, would you not be better off trying to build up some savings instead of looking for a loan to get into debt again.

    Someone 18 months out of an IVA would still be regarded as iffy by most reputable lending institutions anyway.
    "There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock
  • System
    System Posts: 178,429 Community Admin
    10,000 Posts Photogenic Name Dropper
    lbell3011 wrote: »
    Hi, Im after getting a secured loan or remortgage and wanted to find the best lender thats not going to rip me off and which banks lend after being in an IVA we are 18mth clear of that now ..advice would be greatly recieved ... Thanks in advance

    Its almost as if you've not learnt a single damned thing from being in an IVA. Quite clearly you didn't work out how you got there in the first place given the rush to start the whole cycle over again.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • DCFC79
    DCFC79 Posts: 40,643 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    lbell3011 wrote: »
    Hi, Im after getting a secured loan or remortgage and wanted to find the best lender thats not going to rip me off and which banks lend after being in an IVA we are 18mth clear of that now ..advice would be greatly recieved ... Thanks in advance

    Bit hard since each individuals circumstances are going to be different.

    Anyway, do you really want to secure finance against your home, its not advised.

    Why the rush for a secured loan or remortgage ?
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture