My gaurantor had an iva and a default over 6 years ago will i be able to use him
kaz (1 year ago)
my brother and sister-in-law had an iva over 6 years ago will i be able to use one of them, i know they can get credit as they have bought a car on finance
FLM Loans (10 mths ago)
Usually when somebody goes on an IVA it will take at least 5 years for the IVA to be completed. It is their responsibility to ensure that they clear their debts in that time.
Due to the nature of what an IVA means, we wouldn't be able to accept them as your guarantor. We need to ensure that your guarantor has had a good credit history.