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IVA is it a rip off
At My IVA Adviser we are often asked “Is an IVA a rip off?” and the answer has to be no.
The perception of an IVA being a rip off probably comes from those who are in debt being naturally cautious and fearing a rip off scam.
An IVA is a recognised repayment plan offered to people who qualify allowing them to repay their debt over a fixed period with the possibility of clearing any remaining debt after five years.
If you are still unsure whether an IVA is a rip off and need some reassurance call My IVA Aadviser on 0800 088 7503 or visit our articles page which is full of articles explaining the do’s and don’ts of IVAs which will help you to make your own mind up about whether an IVA is a rip off.