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.
Our blog covers the latest news at PayPlan, tips to help you save money, our latest press releases, expert insight and everything in between.
We recently saw England suffer defeat in the Euro 2024 final against Spain.While many will have enjoyed watching the tournament, for others, it may have been distressing to chase bet losses and possibly enter financial difficulty.Gambling can be a highly…
Policy in Practice estimates that a staggering £23 billion of income-related benefits and social tariffs will not be claimed across Great Britain in 2024.Making sure that income is maximised through the take-up of benefits is vital to helping individuals on…
What’s a loan shark?A loan shark – or illegal money lender – is someone who lends money illegally without proper authorisation from the Financial Conduct Authority (FCA).That means if you borrow from them, they don’t have to follow the rules…
We’re proud to partner with the Aviva Foundation to enhance awareness of Shout, a critical mental health support service for anyone struggling to cope, including young individuals affected by the cost-of-living crisis, and who are in distress due to their…
PayPlan, one of the UK’s largest debt advice organisations, is trialling the MorganAsh Resilience System (MARS) to better identify and assess vulnerable customers.Following a successful trial, the platform will be rolled out to enhance PayPlan’s service offering. MARS’s objective and…
We’re excited to announce that we’ve been named as finalists in the Debt Advice Provider of the Year category at the Credit & Collections Industry Awards.The awards recognise excellence and innovation in the UK credit and collections industry. In this…
For many individuals, gambling can be harmless fun, especially during high-profile events such as the Euros, but for many, gambling can cause utter devastation. Gambling addiction can lead to job losses, relationship and family issues, breakdowns and even suicide.How to…
Many people prefer to self-manage their needs as a neurodivergent adult, but there may be moments when extra support and knowledge is needed. To raise awareness, we’re working to address how neurodivergent individuals – those with conditions such as ADHD,…
We recently caught up with Anna, who took out a Debt Management Plan (DMP) to manage her debts and help keep her freelance business operating.How did your debt troubles start?The recession of 2008 really affected my freelance work, and I…
‘Moving more for our mental health’ is this year’s theme for Mental Health Awareness Week.We’re well aware of the stress that debt can place on you, and for many people, poor financial situations can trigger extended periods of stress and…
In our latest case study, we catch up with a PayPlan customer who shared their story of taking out a Protected Trust Deed.How did your debt troubles start?I struggled financially and mentally with my appearance, and I ended up having…
Money is something that affects many relationships, especially when couples are looking to buy a house or get married.Sharing your finances with your partner can often be a convenient and sensible approach to organising your money. Joint finances with your…
It’s Stress Awareness Month, and over the next few weeks, we’ll be exploring related topics and how we might be able to support you.This year, the theme for Stress Awareness Month is ‘Little By Little, A Little Becomes A Lot’.The…
Being made redundant or losing your job is always stressful and upsetting and can massively affect your mental health. If you also have debt to worry about, it’s an even more difficult situation to get through, and you’ll no doubt…
The aim of World Bipolar Day (Saturday, March 30th) is to encourage understanding about what bipolar is – and isn’t – and to banish the stigma around it.Each year, Bipolar UK holds its annual conference and runs a number of…
Between 1 April and 30 June 2024, the energy price cap is set at £1,690 per year for a typical household that uses electricity and gas and pays by Direct Debit.Based on typical household energy use, this is £238 lower…
It’s the 10th anniversary of Debt Awareness Week (March 18 – March 24) this week!Over the week, we’ll raise awareness of some common reasons people might not seek debt advice despite struggling financially and how they can overcome those barriers.What…