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Eligibility For Zopa Loan - After IVA ?
Hello !!
Pls, I had a car finance loan with Zopa. I paid it off (while I had the IVA).
When the defaults fall off by December, 6, 2025, by God's Grace, how easy will it be for me to get a personal loan with Zopa - given that I paid off the loan early & also, that I probably have a good internal credit score - with Zopa ?
Thank you very much !!Comments
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Nobody here can answer that.1
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I appreciate than I am not answering your question but, have been in sufficient financial distress that you needed an IVA to deal with your debts, do you really want to go down the road of further borrowing? If you have a clean slate living debt free is the far better option.4
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@Desmond_Hume.. Thank you.0
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Did you pay off the debt in full with Zopa? As in all debt, including interest etc, or was it a partial settlement/reduced interest etc? If you technically owed them money that was written off due to the IVA, they may well have an internal blacklist, if you paid back but delayed due to IVA they might be more wary.
Any decision would be based on their computer algorithms, I don't believe your chosen deity will be able to help unfortunatelySam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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