Hi, I am new to forums so please forgive me if I get something wrong. I have finished a PIA in 2023 after 6 years. Had the wrong PIP. To all those who are not sure what happens at the end of your PIA. I Can Confirm that all of your bad debts Remain on the ICB list for a further 5 Years.
I only discovered this after I got my credit report and contacted the Insolvency Services of Ireland to see what I could do to get them removed, and that is when, to my horror, discovered that I still have another 5 years of bad credit after completing 6 years with the PIA. So before you go looking for a loan , make a request online for a copy of your credit rating, this is free for the first request. I have applied for car loans and have been declined each time. Only assuming that they did a credit check and seen the bad debts still on the system.
Even after been Discharged from my PIA in April 2023 I now have another fight with the lender, who is looking to increase the interest rate, even though it clearly states on the PIA that it remains the same until the end of term. So good luck to all. If I can answer any questions you might have drop a line.
Regards,
Shaggy