• 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.

  • Our favourite cheap food items!

    Our favourite cheap food items!

    Written by PayPlan

    If you’re looking at ways to cut your monthly costs, one thing you can’t do without is food! But that doesn’t mean you have to splurge on takeaways and the finest brands in the supermarket… you can still eat well…

  • Our Debt Heroes Top Tips for coping with stress

    Written by PayPlan

    April 2018 is Stress Awareness Month, and here at PayPlan we understand how stressful managing your finances can be, particularly if you find yourself struggling to make up payments. It is important to understand stress, the causes and the triggers…

  • Stress Awareness Month – Time to reach out

    Written by PayPlan

    April is Stress Awareness Month across the UK. Dealing with debt issues can be closely linked to stress, and we’re aiming to break the stigma and silence around debt by encouraging people to reach out for help sooner. Stress can…

  • Countdown to Payday

    Written by PayPlan

    If you’re one of the estimated 10.4million* people in the UK that are living on the breadline before payday each month, you’ll know that this can be a more stressful time than any other. You’ll be counting the pennies to…

  • The Facts: PPI and Debts

    Written by PayPlan

    What happens with PPI if I’m repaying my debts?PPI or Payment Protection Insurance mis-selling claims relate to insurance that a creditor may have mis-sold to an individual. If you were incorrectly sold Payment Protection Insurance, you may have the right…

  • Can you inherit debt from your parents?

    Written by PayPlan

    The loss of a parent is an emotional, trying time but the worry of having to deal with their debts can make this period even harder. However, it’s important to note that when a person dies, their debts are paid…

  • Case Study – Diane

    Written by PayPlan

    Diane (39) reached out to PayPlan for debt help in 2014. Between herself and her husband they found themselves with £45,000 worth of debt. Diane and her partner were applying for adoption. During the process it was explained to them…

  • Protecting your finances if you get made redundant

    Written by PayPlan

    Large-scale redundancies, like the ones we saw when Carillion collapsed, are never far from the headlines, though there are plenty more we don’t hear about. Whether you’ve lost a job in the past, or it’s the first time, it’s only…

  • Changing energy suppliers when you’re in debt

    Written by PayPlan

    We all want to pay less for our energy – especially in the winter months – but what if you’re looking to change energy supplier but still owe them money?Whether it’s a new debt from your most recent bill that…

  • A guide to getting rid of your credit card debt

    Written by PayPlan

    Credit card debt can quickly mount up and if you are finding it tough to repay what you owe, there are ways to tackle your credit card debt and free yourself from increasing interest costs.In some cases, if the debt…

  • Case Study – Katie

    Written by PayPlan

    Katie (30) reached out to PayPlan when she was 25 years old, and had £12,000 worth of debt. Katie went to university and when she graduated had a student overdraft of £2,000 as well as a credit card. At the…

  • FCA warns of interest-only mortgages

    Written by PayPlan

    Around 1 in 5 of all mortgages are interest-only and the industry’s regulator is worried that consumers are at risk of losing their homes. The Financial Conduct Authority (FCA) is urging people to speak to their mortgage providers if they…

  • New credit card rules estimated to save consumers millions

    Written by PayPlan

    The Financial Conduct Authority (FCA) has published new rules for the credit card market and is estimating consumers will save between £310 million and £1.3 billion a year in lower interest charges. The changes announced today will offer more protection…

  • The importance of goal setting

    Written by PayPlan

    Hi, I’m Nicola and I blog over at thefrugalcottage.com about budgeting, money saving and early retirement. I set myself goals every month so that I have something specific to aim for. It can be so easy to drift along in…

  • Case Study – Richard

    Written by PayPlan

    Richard (38) reached out to PayPlan in 2008 with £15,000 of debt. The company that Richard was working for at the time were unreliable at paying wages. They would sometimes pay employees less one month and more the month after…

  • Avoid the ‘invisible money’ trap

    Written by PayPlan

    Most of us are so used to flashing the plastic at the till and online that we rarely give it a second thought. Of course, credit cards are useful for household budgeting, helping you to spread the cost of big-ticket…

  • Case Study – Scott

    Written by PayPlan

    Scott (32) came to PayPlan 5 years ago with £6,000 worth of debt. The majority of his debts were with credit cards, payday loans and catalogues. At the time, he was also in a relationship with someone who was constantly…

  • Six Tips for Saving Money During Half Term

    Written by PayPlan

    Today our guest blog is from Charli, who writes over at One Wage Family, here she gives us her top tips for saving money with the kids over half term! Another half term is nearly upon us and that means…

  • The Facts: DMPs

    Written by PayPlan

    What is a DMP? A DMP, Debt Management Plan, is an informal arrangement between you and your creditors, managed free by PayPlan. To pay your debts back, you pay one single monthly payment, as part of your plan, which goes…