Individual Voluntary Arrangements (IVA)

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially consider an application from an applicant who has previously had an Individual Voluntary Arrangement (IVA) registered against them. 

This criteria displays if a person who has had an IVA can be considered on a general level but you should read the policy notes and related criteria carefully to dig deeper with regard to your client's specific situation.

Policy Notes:

We will accept applications from applicants who have had satisfied IVAs for more than three years and with a satisfactory explanation for the circumstances leading up to the IVA.

Criteria categories:

• Adverse
• IVAs and Bankruptcy

Last updated:

29 August 2018