IPA Quickies

Riverstone58

Hi All, and just a couple of IPA quickies if I may.

Once an IPA figure has been 'agreed', any idea when the first payment is due from that date? 

Is it also advisable to mention that you have have taken budgeting advice from any of the debt charities?

Thanks All.

sourcrates

I believe the amounts are taken on a monthly basis, so would assume first payment would be one month from when you agreed your IPA payment.

Your budget is more of a personal thing, everyone's circumstances are different, as people have differing needs, budgeting advice is advisable of course, and yes you should mention you have taken advice, but in the end it comes down to your own situation how you divide your money up.