What is the minimum IVA payment?

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asked May 9, 2020 in Employment & Careers by RoseannDillon (14,560 points)

1 Answer

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answered May 9, 2020 by IsiahHenderson (24,530 points)

The payment for IVA depends on what you can afford to pay while keeping your necessary expenses aside, although there was a minimum payment requirement of euro 250 per month. Today you will be able to find IVA with as less as euro 100 a month for your debts. Even though this is the minimum payment for IVA, it is recommended that you increase your payments to save money on your debt over time. The repayment can also depend on the type of debt you need to repay. If you have a car finance deal that will finish in a year, you can start by paying a minimum and then increase your repayments. Check out iva advice to know more about IVA payment.

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