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Finally paid off!
mrcactus
Posts: 140 Forumite
Wont make a massive post (I'll save that for when I have more time), but just wanted to share my news that I made my very last IVA payment earlier this month.
Well, I say my final IVA payment but it was really my last payment to Sprout Loans, who offered me a loan back in Oct 2021 to pay off my IVA early...I'm guessing its kind of like an unsecured loan?
I entered my IVA in October 2018 and didn't really have much trouble with payments and my IP was pretty flexible when It came to paying a few days late. Didn't have any issues with the yearly review neither.
I just wanted to share my relief that it's now behind me and I can move on with my life. Have used credit cards last year to which I owe about £2k but paying them off slowly but surely. I'm lucky enough to be in full time employment, albeit minimum wage!
I've used GamStop to block myself from gambling online and have quit buying lottery and scratchcard tickets. So to anyone whose just started their IVA or the likes or to anyone who is still paying off their debts and thinks the end is so far away - you can do it and you will get there! Good luck
Well, I say my final IVA payment but it was really my last payment to Sprout Loans, who offered me a loan back in Oct 2021 to pay off my IVA early...I'm guessing its kind of like an unsecured loan?
I entered my IVA in October 2018 and didn't really have much trouble with payments and my IP was pretty flexible when It came to paying a few days late. Didn't have any issues with the yearly review neither.
I just wanted to share my relief that it's now behind me and I can move on with my life. Have used credit cards last year to which I owe about £2k but paying them off slowly but surely. I'm lucky enough to be in full time employment, albeit minimum wage!
I've used GamStop to block myself from gambling online and have quit buying lottery and scratchcard tickets. So to anyone whose just started their IVA or the likes or to anyone who is still paying off their debts and thinks the end is so far away - you can do it and you will get there! Good luck
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Well done. Great result,I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment 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.
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Well done mrcactus 😊
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Congratuations!0
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