Welcome to PayPlan’s debt advice blog!
Our blog covers the latest news at PayPlan, tips to help you save money, our latest press releases, expert insight and everything in between.
Industry News
27 Aug 2025
October energy price cap changes: Why you could see a rise in your energy bills
News and Stories
14 Aug 2025
Financial Awareness Day 2025: Why it’s more important than ever to speak about money
Do you find it hard to talk about money? If so, you’re not alone. From guilt after spending, to the worry of unopened bills, money stress is something many of us carry quietly.That’s why Financial Awareness Day matters. It’s not…
News and Stories
11 Aug 2025
The Hidden Dangers of Buy Now, Pay Later
More than 8 million people in the UK are now using Buy Now, Pay Later (BNPL) for purchases under £50 – and, for many, it’s becoming more than just a convenient way to pay.With the cost of living still high…
Money Management
5 Aug 2025
Budgeting for summer in 2025: What you need to know
As the school holidays approach, a lot of people will be looking forward to some well-earned down time. But while the idea of taking a break can be exciting, the cost of making summer special can leave a lasting financial…
Money Management
3 Aug 2025
What happens when you contact PayPlan – a step-by-step guide
If you’re thinking about getting support with your finances, but aren’t sure of the process, feel nervous or don’t know what to expect, you’re not alone.We understand that, for a lot of people, reaching out is often the hardest step,…
Living in Debt
28 Jul 2025
A small emergency fund can make a big difference
When money’s tight, an unexpected cost can throw everything off course. In 2024, 60% of people said they were worried about the impact on an emergency cost would have on their finances.If you can, it’s worth considering setting up a…
Money Saving Ideas
14 Jul 2025
Navigating cost of living challenges this summer
Industry News
27 Jun 2025
Understanding the 2025 IVA Protocol changes
The updated Individual Voluntary Arrangement (IVA) Protocol 2025 is now in effect – bringing in meaningful updates to improve outcomes and protect individuals entering into IVAs.These Protocol changes strengthen and support the approach we already take at PayPlan, always making…
News and Stories
23 Jun 2025
Have you started thinking about retirement?
A third of people in the UK don’t have a retirement plan ready, and of those who do, only 22% of them have a detailed plan in place for when they do retire.[1]In 2024, the average weekly income of a…
Industry News
29 May 2025
One in ten people with credit are struggling to pay bills
Millions across the UK are feeling the pressure, especially those with credit products, according to the Financial Conduct Authority’s (FCA) Financial Lives survey.[1]Many people are facing issues with their finances, and one in ten people with a credit product are…
Industry News
23 May 2025
OFGEM Energy price cap update: what the changes might mean for you
OFGEM has today announced a drop in the energy price cap, reducing average energy bills by £129 from July 1st[1]. This follows three consecutive increases and will help to ease some of the financial pressure on millions of homes. Read on…
News and Stories
19 May 2025
Protect yourself from bank scam calls by dialling 159
Bank scams are on the rise. Between April and June 2024, the Financial Conduct Authority (FCA) recorded 8,734 complaints about fraud and scams.Over half involved push payment (APP) scams – where people are tricked into transferring money to fraudsters, often…
News and Stories
2 May 2025
Water Saving Week 2025: Small Waste, Big Impact
Water usage in the UK continues to rise each year. Most of us use about 150 litres of water a day[1], the equivalent of nearly two full baths[2].That’s why Waterwise is hosting its ninth annual Water Saving Week, from 12–16…
News and Stories
25 Apr 2025
Understanding the link between debt and mental health
News and Stories
4 Apr 2025
How are the government funded childcare hours changing?
From September 2025, working parents of children under the age of five will be entitled to 30 hours of government funded childcare a week.Currently, 15 hours of government-funded childcare is available for all children from the age of 9 months, with…
News and Stories
3 Apr 2025
How could the Spring Statement affect you and your money?
Now that the Chancellor has delivered her Spring Statement understanding what lies ahead can help you feel more prepared for any changes that have already taken place.What is the Spring Statement?The Spring Statement, sometimes called the “mini-budget,” is one of…
News and Stories
19 Mar 2025
Don’t let Easter spending catch you by surprise
Easter may be a short holiday for some and not thought about by many, but it can lead to purchases that might surprise your budget.In 2024, 84% of Brits were planning to celebrate Easter, which is a 10% increase from…
Industry News
17 Mar 2025
Debt Awareness Week 2025: Breaking the stigma
This year, Debt Awareness Week is supporting those facing debt to act and improve their financial wellbeing.The awareness week, which runs from March 24th to March 30th, was created to challenge the stigma surrounding debt and to encourage open conversations…
News and Stories
13 Mar 2025
The UK housing crisis: Understanding the pressure and finding support
Did you know that, according to Shelter, 67% of people in England have experienced some form of housing pressure in the past year?Whether it’s struggling to pay the rent, keeping up with mortgage payments, or worrying about eviction, financial stability…
Money Saving Ideas
12 Feb 2025
Valentine’s Day spending trends reveal growing financial pressures
Valentine’s Day spending trends reveal growing financial pressures. In 2025, it’s estimated that over half of the UK population (53%) plan to spend money this Valentine’s Day[1].It’s expected that over £1.5bn will be spent in total, with the average person…