Jobs to be created as personal insolvency firm acquires debt management business

The UK’s largest personal insolvency provider is set to create jobs following the acquisition of a Birmingham-based debt management business.

Creditfix has expanded its range of debt relief solutions by acquiring B2C Finance, trading as Back2Credit, a debt advisor based in Birmingham, in a move which is to create 20 jobs for the city.

Creditfix has helped more than 140,000 people across the UK get back on track with their finances, and it says the acquisition will help it expand its service radius to “better support those who need it the most”.

Paul Mason, CEO at Creditfix, said: “We know that it can be difficult to discuss your debt problems with anyone, even loved ones, but recently we have seen a significant increase in the number of people looking for help. While we have been able to support over many thousands of people from our offices in Glasgow and Manchester, there are still more who need help in every corner of the UK.

“This acquisition is a great opportunity for the company, and anyone struggling financially. Following on from our office expansion in Greater Manchester earlier in the year, Birmingham helps strengthen our services for the West Midlands area.

“Our mission right now is to carry on the great work the Back2Credit team have been providing, by combining our experience and expertise to design all-inclusive debt-relief solutions leaving no one to struggle on their own.”