• Welcome to PayPlan’s debt advice blog!

    The Living Room is a vibrant social space to chat, share tips and pick up new ideas to live well on a budget. From free things to do with your kids this weekend to a big meal on a small budget, we’ll be sharing all of our ideas with you. And most importantly – we want you to share your top tips with us!

    So, what are you waiting for? Come in, make yourself comfortable, grab yourself a cuppa and get involved in the Living Room.

  • Pension Awareness Day

    Be Mindful of your Money this Pension Awareness Day

    Written by Tom James

    What is Pension Awareness Day? Pension Awareness Day is an event that aims to promote the importance of saving for the future. Launched in 2014 by Pension Geeks, the initiative offers online and face-to-face advice for people to find out…

  • Shout: Supporting People in Crisis

    Written by Will Lyon

    In recognition of World Suicide Prevention Day, we’re speaking to PayPlan Team Leader and ‘Shout’ volunteer Laura Evans. We sat down with Laura to find out more about how Shout offers support to people in crisis. Hi Laura, what can…

  • Samaritans and PayPlan talk on suicide prevention

    Written by Tom James

    Every year in September, organisations around the world campaign to raise awareness of suicide prevention for World Suicide Prevention Day. That’s why we’ve teamed up with the Samaritans to talk about suicide prevention ready for #WorldSuicidePreventionDay. Why is it important…

  • Do students in the UK have a gambling problem?

    Written by PayPlan

    Being a student can be incredibly expensive. You’ve got to pay for accommodation, shopping, food and a host of other expenses. For those who’re living away from home for the first time, this can be a pretty big shock to…

  • The Rising Cost of The Summer Holidays

    Written by Sam Critten

    The summer holidays should be one of the happiest times of the year for families. Children are set free from their school routine for six weeks, giving parents the chance the chance to enjoy some quality family time on days…

  • Covering Funeral Costs: Your Options

    Written by Will Lyon

    Covering funeral costs may be the last thing on your mind after the death of a loved one. Unfortunately it’s something most of us will have to face at some point in our lives. Many people struggle to cover these…

  • Can An IVA Take My Pension?

    Written by Will Lyon

    If you’re currently in an IVA and are over 55, you may be able to use your pension to pay off your debts. It’s unlikely that your pension will be explicitly taken and put into your IVA, but it’s worth…

  • Is Your Money is Covered by a Bank?

    Written by Will Lyon

    Indeed, we all want to make sure our money is safe in the bank. Luckily, there are various savings protection schemes in place which serve to make sure your cash is covered by a bank. Will these schemes affect me?…

  • Can a Debt Management Plan Take My Pension?

    Written by Will Lyon

    What is a DMP? A Debt Management Plan (DMP for short), is a way for you to pay back your unsecured debt in manageable instalments. DMPs are one of the most common debt solutions in the UK, and are authorised…

  • PayPlan nominated for SHOMO award

    Written by PayPlan

    We’re proud to announce that we’ve recently been nominated for the Best Brand, Charity or Money Blog Award at the 2019 UK Money Bloggers’ annual awards ceremony, the SHOMO awards. Sponsored by QuidCo, the awards are a chance for some…

  • When to Consider a Debt Management Plan

    Written by Sam Critten

    When you’re in debt it can be difficult to know what to do next. Trying to sort out payments to different lenders, juggling calls from multiple creditors asking for money, trying to sort your priority debts from those that can…

  • How Effective Are Debt Management Plans?

    Written by Will Lyon

     What is a DMP? How effective are Debt Management Plans? A Debt Management Plan (DMP for short), is a way for you to pay back your unsecured personal debt.  Usually set up and managed by a debt management company or…

  • Will An IVA Affect My Citizenship?

    Written by Will Lyon

    Why would an IVA affect my citizenship? When applying for British citizenship, why would an IVA affect my citizenship? Well, upon applying, the government will assess whether or not you have ‘good character’. This is their measure of deciding if…

  • Sub-prime credit cards: are they worth the risk?

    Written by PayPlan

    Trying to get credit when you’re in debt, or have a poor credit score, can be incredibly frustrating.  It might be the case that you’ve got a less-than-ideal credit score due to a County Court Judgment a few years ago,…

  • What is a CCJ?

    Written by Sam Critten

    A County Court Judgement (CCJ) is a court order that can be awarded against you if you live in England, Wales or Northern Ireland. The purpose of a CCJ is to get you to repay money that you owe. Will…

  • How do I set up online banking?

    Written by Tom James

    Online banking Gone are the days where popping into your local bank was the only way to pay your bills, manage debt, or withdraw and deposit money into your account. Online banking has brought convenience to everyday life, and although…

  • Don’t be fooled by fake websites!

    Written by PayPlan

    We know that there’s no shortage of debt advice companies in the UK. Some, like us, offer free advice and free debt management plans, whilst others offer free advice but charge both a set-up fee and monthly fee to manage…

  • How To Lower Credit Card Interest

    Written by Will Lyon

    Do you feel you were sucked in by an introductory interest rate? Have these rates risen to a point where you’re struggling to make the repayments? There are a number of things you can do to lower your interest rate…

  • How successful are IVAs?

    Written by Sam Critten

    What is an IVA? An IVA (Individual Voluntary Arrangement) is a debt solution whereby you pay back your unsecured debts to your creditors in monthly repayments usually over a 5 to 6 year period. If your IVA successfully completes, the…