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…
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…
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…
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…
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…
Written by Payplan Ryan
If you are a Company Director you may be struggling with debt for a variety of reasons; perhaps a major customer has gone under owing you a lot of money or maybe customers are not buying as much as they used to due to the current economic climate. A recent…
Written by PayPlan
Payplan, one of the UK's largest providers of free debt solutions, has been awarded a contract to provide free debt advice in Northern Ireland as part of a consortium with Advice Northern Ireland (Advice NI).
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.
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.
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…
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.
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…
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…
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.
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.
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.
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.
Written by PayPlan
From all of us at Payplan we want to wish you all a very Merry Christmas and a Happy New Year.
Written by PayPlan
On many occasions I have encountered people who say that bankruptcy is the "easy way out" of debt.
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.