We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
IVA early settlement loan (sprout)
nathswindon
Posts: 10 Forumite
in IVA & DRO
Hi,
I've been contacted by my IP to discuss an early settlement loan via Sprout Loans.
I'm 42 months in and have not missed a payment, they contacted me around the 30 month point.
Does anyone have experience of using these? Any success, positives or pitfalls?
I was hoping that this might keep my IVA to the five year mark rather than have it extended? But that might be a little optimistic.
Thanks
I've been contacted by my IP to discuss an early settlement loan via Sprout Loans.
I'm 42 months in and have not missed a payment, they contacted me around the 30 month point.
Does anyone have experience of using these? Any success, positives or pitfalls?
I was hoping that this might keep my IVA to the five year mark rather than have it extended? But that might be a little optimistic.
Thanks
0
Comments
-
Was discussed here -
Sprout Loan for IVA — MoneySavingExpert Forum
OP didn`t come back to update us though.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.6K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.3K Spending & Discounts
- 243.6K Work, Benefits & Business
- 598.3K Mortgages, Homes & Bills
- 176.7K Life & Family
- 256.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards