Debt-a word that brings anxiety on any face. It is the sum that you owe to any person/party which also includes the payment of some pre-fixed interest additional to the actual sum. Debt causes stress not only due to the repayment but also there is a specific time period within which the debtor has to repay the debt. A standard of deferred payment has to be decided between the debtor and creditor in order to settle the debt in other than money terms. Now, the question arises-"How should we manage our debts"? We manage your debts- Back to credit is the name of a company you can bank upon in managing your finances and providing you debt free solutions. Acting on a debtor's behalf instead of a creditor’s, their financial advisors gives you a professional as well as confidential advice. Here, your personal financial situation is judged and on the basis of which your debt management solutions are designed. Debt management plans- After analyzing your incomes and expenditures, we design a specific plan for you in whom we will negotiate with your creditor on your behalf to settle on a solution of either making an affordable payment installment or some reduced interest rates or any other plan suitable to your situation. Apart from managing your personal finances like credit card debts, rentpayments, Bankoverdrafts, householddebts, mortgagesetc. we also look after your business debt management issues. Various kinds of debts are used to finance a business like Bank loans, debts from financial institutions and other sources. Services- Our debt management services are not only beneficial but also the cheapest amongst the others in UK. We can understand that being in debt can be so frustrating as well as stressful, so our services are there to help you in getting rid of your worries. The services include offering you Money saving plans, dividing your expenses, Debt management plans, VA’s etc. IVA refers to Individual Voluntary Agreement between you and your creditor which is applicable for a particular time period. This agreement can help you to get some extended time period to arrange for the sum you owe to your creditor. We help you in managing your finances and can provide you with options of controlling your expenses as well, our services will help you in repaying your debt in an organized manner so that neither you feel stressed nor you will run out of money. Check it out for more information about back2credit debt management and IVA (Individual voluntary arrangement)
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