Category Archives: Archive

Archived blogs and content.

  • How long can my creditors chase me?

    Written by Payplan Ryan

    A question that I often come across from people struggling to pay their debts is "how long can my creditors chase me?" The answer is until you have paid them what you owe. However, if communication between the debtor and the creditor breaks down and enough time elapses, then the…

  • What is the difference between an IVA and a DMP?

    Written by Payplan Ryan

    What is the difference between an IVA and a DMP? If you are facing debts and are unsure which is the best option to take, we’ve put together a rundown of the important differences between two of the most popular options of tackling unsecured debts;  Individual Voluntary Arrangements (IVAs) and…

  • More and more buy-to-let landlords are struggling with debt

    Written by PayPlan

    Nick Payne, Senior Insolvency Practitioner for Payplan, talks about the rise in buy-to-let investment and what to do if you are a landlord struggling with debt. “The number of buy-to-let landlords is significantly increasing.  House prices are still relatively low, there is high demand for rental property and some lenders…

  • Charity partnership wins Payplan and Advice UK top award

    Written by PayPlan

    By Sarah Reeve  Payplan has recently won two major awards at the Institute of Money Advisers (IMA) conference for new initiatives aimed at helping people deal with their debt. In the first of two blogs Sarah Reeve, Payplan’s Head of Business Development for the Voluntary and Corporate Sectors, talks about…

  • A day in the life of a Helpline Adviser by Michael Jordan.

    Written by PayPlan

    Michael tells us about his job as Helpline Adviser and why he is proud to work for Payplan: “Every weekday morning I wake up knowing I will be putting smiles on people’s faces. That’s because I work in Payplan’s Helpline department – set up especially for first time callers. My colleagues and…

  • A day in the life of… a Client Liaison Officer

    Written by PayPlan

    I work in the client support department dealing with Debt Management Plans (DMP). My role is to make sure our clients' income and expenditure details are up to date and sustainable and to look for any opportunities to save money for them.

  • How do I… apply for a DMP?

    Written by PayPlan

    A Debt Management Plan, or DMP, is a solution to help people who are struggling with their creditor repayments. A DMP allows you to make one single monthly payment to your creditors.

  • Unemployed and in debt

    Written by PayPlan

    Unemployment has been a big issue throughout the country since the last recession with the latest stats showing that 2.67 million* people over the age of 16 years are currently unemployed, the highest level since 1995. During Chancellor George Osborn's Budget Speech in March, he stated that part of 2012's…

  • Online Surveys – Are they worth it?

    Written by PayPlan

    Online surveys seem to becoming more and more popular with posters on forums like Money Saving Expert and IVA.co.uk. Many posters use survey sites to earn points that then turn into vouchers.

  • Mothers Day on a budget

    Written by PayPlan

    Mother’s Day is just a few days away, a day for us to celebrate all that our mothers do for us. As with all ‘holidays’ like this, many see it as an unnecessary cost, but it doesn’t need to be if you look at our money saving tips!  The card…

  • Reducing your outgoings.

    Written by PayPlan

    In this current climate trying to reduce your outgoings is a constant uphill struggle as it seems on a weekly basis we face rising costs in gas, electricity, water, phone bills, food or fuel. However if you are savvy with your spending and really look at where your money goes…

  • Home Decorating on a Budget

    Written by PayPlan

    In the theme of some recent budgeting blogs, today Ally shares some of her experiences of home decorating on a budget. Please feel free to share you tips as well.

  • 9 Tips To Spend Less on Food

    Written by PayPlan

    When you want to reduce your spending and tighten the purse strings it's a good idea to review the amount you spend on food. After all, food is often the largest household bill after rent or mortgage, so it deserves a little attention.

  • How is my credit file affected…with a early settlement

    Written by PayPlan

    A common question I come across daily in my job, is how my credit file is affected when going through the settlements department. When clients come through to our department they often have a lump sum available for example inheritance, equity release or a work bonus.

  • How People Are Trapped By Payday Loans

    Written by PayPlan

    We recently conducted a survey about borrowing over the last 12months. Our infographic highlights the growing number of people that are turning to payday loans.

  • Christmas Wishes

    Written by PayPlan

    From all of us at Payplan we want to wish you all a very Merry Christmas and a Happy New Year.

  • Debt Write Off – Trick or Treat?

    Written by PayPlan

    We've all seen the adverts on TV that claim they can get your debts written off. Some people receive phone calls, others get letters or text messages from companies that claim they can write off debts - anything from 90% to 100% all due to new government legislation.