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IVA
TraceyJayne49
Posts: 1 Newbie
in IVA & DRO
Can I get credit if I have a IVA?
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Comments
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Why would you want to?0
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I imagine it would depend on the terms of your IVA. Mine (started in 2014) had a clause prohibiting me from taking more than £500 of credit at any time. In the final year, I did get a Vanquis credit card with a £500 limit. So the answer is yes you probably can - but whether or not you should is a whole different question.
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No you cannot, nor should you.TraceyJayne49 said:Can I get credit if I have a IVA?
Hope this helps.0 -
It depends on what the credit is for - I had a car on HP when starting IVA and was allowed to keep it. When car went back my IP allowed me to take credit out for a second hand car (3 years old) as without a car I would lose my job.0
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WOW nicely done. If only there were older cars that you could of bought for less money.......dizzyblonde82 said:It depends on what the credit is for - I had a car on HP when starting IVA and was allowed to keep it. When car went back my IP allowed me to take credit out for a second hand car (3 years old) as without a car I would lose my job.0
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