I was back on Morning Live this week to warn viewers about the risks of IVAs, and why there may be better – and cheaper – debt solutions available.
It comes as the regulator bans referral fees being paid to ‘packager’ firms, which aggressively market IVAs online to vulnerable customers even when they are not suitable.
You can catch up on the full item here on BBC iPlayer and below you can watch a clip of me chatting to Gethin and Sam about the problem with IVAs.
With UK household debt hitting £2 trillion for the first time ever, @ionayoungmoney is here to explain why an IVA might not be the best fit for you, and what other options are available. pic.twitter.com/sXtFhq1FK2
— BBC Morning Live (@BBCMorningLive) June 19, 2023