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.
Living in Debt
28 Jul 2025
A small emergency fund can make a big difference
Money Saving Ideas
14 Jul 2025
Navigating cost of living challenges this summer
Lots of people are still finding it hard to keep up with bills, food prices and other costs.Even though some prices have stopped going up as fast, things still cost a lot more than they used to.If you’re finding it…
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
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
If you’re struggling with your mental health and money worries, you’re not alone. The link between the two is strong – and it’s something we see and understand every day. In fact, research from the Money and Mental Health Policy Institute[1]…
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
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…
News and Stories
17 Jan 2025
Big Energy Saving Week 2025
Today marks the start of Big Energy Saving Week! Alongside other organisations, we’ll be sharing some great tips on ways to save energy and money as we start the new year.There’s never been a better time to get smart about…
Money Saving Ideas
16 Jan 2025
How to save money during Veganuary
Veganuary, which started on the first day of January, encourages people all over the world to try a vegan diet throughout the month to protect the environment, prevent animal suffering, and improve health.We know that switching to a vegan diet…
News and Stories
10 Jan 2025
UK borrowing costs are rising, but what does it mean?
This year, UK borrowing costs have hit the highest level since 1998 [1] But how does this affect you?. What are borrowing costs? Borrowing costs refer to the interest rates and fees you pay when borrowing money from lenders. These…
Money Saving Ideas
1 Jan 2025
January Sales – smart shopping tips to help you save money
Your inbox may already be full of January sale deals, promising unbeatable discounts and deals you just don’t want to miss. It can be the perfect time to pick up items you’ve had your eye on or even stock up…
News and Stories
23 Dec 2024
The financial impact of Christmas spending
For many, Christmas is a time of celebration, but it can also be a time of increased financial strain. Our data reflects this reality – in January 2024, we saw a 60% increase in visitors seeking debt advice through our…