Can I Use Credit Union With Iva

Pinoyish | 15:53 Tue 17th Oct 2017 | Business & Finance

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My contract has ended with my work, cannot go back to work for a while, in an IVA, can I use credit union to help me with a loan to pay off the IVA????

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Buenchico

Each credit union will have their own rules on what they're prepared to lend money for. All you can do is ask them.

However, once you've entered into an IVA, the absolute maximum debt that you can then take on (from any other source, or combinations of sources) is £500.

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