Student loans while In an IVA

mrcactus Forumite Posts: 125
Seventh Anniversary 10 Posts Name Dropper Combo Breaker
I posted a while ago about getting student loans and maintenance  loans whilst on an IVA. I got a maintenance  loan which got paid into my bank (around £1500 over the course of the year). However, I never bothered to phone up Student Finance before I started getting the payments made to cancel them. This got paid into my Monzo account and I've spent it all on different things. Now I'm panicking that the IP will find out about it even though my IVA payments come out of my Starling Bank account. Have I seriously jeopardised my IVA now? At the annual review they never asked to see statements from other accounts though?


Meet your Ambassadors


  • All Categories
  • 338.9K Banking & Borrowing
  • 248.7K Reduce Debt & Boost Income
  • 447.6K Spending & Discounts
  • 230.8K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 171.1K Life & Family
  • 244.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards