Comments on: Your Job and How Debt Affects It

By: Regenia Shackle

Regenia Shackle — Wed, 17 Feb 2010 18:45:15 +0000

Thanks for A Good Read! I've found FreeCredit Report is definitely a excellent website to get my credit and see the score for free. Anyone else used it?

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Rowing machine mats — Wed, 16 Dec 2009 10:25:43 +0000

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By: Marisha Sievert

Marisha Sievert — Mon, 14 Dec 2009 11:38:47 +0000

An fascinating and absorbing article thanks. Getting out of debt is a tough thing to do and I must know. I have been in debt situation for nearly four years and have only now started to claw my method out of it by means of a credit counselling service. I highly recommend them as they will help you speak using your creditors and negotiate your liability down to a managable level. Well worth the effort but specifically make in no doubt you go with a {reputable|trustworthy|respectable

By: Gemma Wernick

Gemma Wernick — Wed, 09 Dec 2009 21:33:07 +0000

Motivating stuff, did you know though that the average American has somewhere between 5 and 10 credit cards. There are people who have up to 50 different credit card accounts open, though. That doesn

By: Andy Romain

Andy Romain — Fri, 13 Nov 2009 17:18:53 +0000

Hi, I currently work in a role as a maintenance contractor for a number of banks.
A few months ago, as a result of escalating debt, I took out an IVA, believing that this would strengthen my future financial circumstances, and enable me to take positive action.
I have today found out that a colleague has been suspended as a result of the company having found out that he has 18 months left on an IVA. I have confided my situation to my line manager, and he believes I am likely to be dealt with in the same way.
Due to the nature of our business, I am credit checked every year. I have run an Experion check on myself today since I found out the predicament of my colleague, and my score is 412 – very poor.
There is nothing in my contract prohibiting IVA’s, however, the company handbook states in a small section that if an employee’s credit falters, employment may be terminated.
It’s not a very positive looking picture. I earn around £40k a year, am single, am the sole payee of my mortgage, and have a 3yo son – although he does not live with me permanently, my ex partner and I take on a shared role with him.
If I had known the IVA would have this effect on my employment, I would have looked at alternatives. Up until that point, although I struggled, I never missed a credit payment.
What can I do?
Regards,
Andy