Debt Facts
12 Mar 2018
Debt Facts
15 Dec 2017
What is a third party debt order?
As soon as you hear the word court, alarm bells may start to ring. But if the court system is involved in your debt struggles, it’s important to understand the facts and keep a level head. If you are late on…
Debt Facts
21 Apr 2017
What is Britain’s attitude to debt in 2017?
We wanted to know exactly what the people of Britain thought about debt. And so, we asked 1,200 people about their thoughts on the matter, to discern just how serious our debt problem is or if we’ve got things under…
Debt Facts
1 Sep 2016
Self-employed IVAs: Frequently Asked Questions
A self-employed IVA is a debt solution tailored for the self-employed. This week’s blog post looks at what a self-employed IVA is and answers the most common questions we get asked about how this debt solution works.
Debt Facts
13 Jul 2016
What happens to your debt when…
Some of our most common questions often centre around what will happen to debt in different scenarios. For example, what happens to debt when you die? We thought this week’s blog post would be the perfect opportunity to explain how…
Debt Facts
24 Jun 2016
Young People In Wales Have Highest UK Debt Levels
18-25 year-olds in Wales have higher levels of personal debt than anywhere else in the UK, owing an average of almost £10,000.New figures from free debt advice provider PayPlan show that whilst calls to its helpline from every other age…
Debt Facts
26 Feb 2016
Payday Loans: What are they?
Debt Facts
15 Dec 2015
Top 10 FAQs about Trust Deeds
PayPlan Scotland speak to hundreds of clients in Trust Deeds every day. Some questions come up time and time again, so the team at PayPlan Scotland have put together a list of the Top 10 things they get asked about…
Debt Facts
12 Nov 2015
Top 10 Questions about Debt Management Plans
Guest post by Rhianne Hall from PayPlan’s DMP Annual Review team Speaking to clients in Debt Management Plans (DMPs) on a daily basis gives you an idea of the questions that are generally asked throughout the course of the plan.Here are…
Debt Facts
2 Oct 2015
What affects your credit rating?
There are some things that will obviously affect your credit rating; failing to make payments, and overloading yourself with debt and County Court Judgments (CCJs). You probably already know that these will affect how much of a risk future lenders…
Debt Facts
29 Apr 2013
Opening a joint bank account: The pros and cons.
f you’re in a serious relationship in which food, bills, utilities and other expenses are paid for together, you may be tempted to open up a joint bank account. However, you may be unsure whether it is the right move.…
Debt Facts
18 Apr 2013
The facts about Universal Credit
If you are confused by the new Universal Credit you are not on your own. Many people are still not clear about how they will be affected or what they need to do. If that sounds like you don’t panic,…
Debt Facts
15 Feb 2013
What are the alternatives to a debt management plan?
A debt management plan, or a DMP, is only one solution available if you are struggling to maintain payments to your creditors. At Payplan we understand that a DMP may not be suitable for everyone and we therefore provide all…
Debt Facts
6 Feb 2013
Top five questions about bankruptcy.
Debt Facts
28 Jan 2013
Top five questions about… Debt Management Plans.
A Debt Management Plan, or a DMP, is an informal agreement between you and your creditors. When looking for a suitable solution for your debts it can be a daunting experience and many people contacting us have lots of questions.…
Debt Facts
30 Aug 2012
What to do if you are self-employed and struggling to make ends meet
If you're self-employed and struggling to pay all your bills, you're not alone. There are a record 4.2 million workers who are self-employed and many are finding it difficult to make ends meet.
Debt Facts
15 Aug 2012
The truth behind the top 20 debt myths
In the 21st Century it is easy to use the internet to get answers to important debt questions. However, it is also easy to come across incorrect information which can have dangerous consequences.
Debt Facts
13 Jul 2012
How do I… apply for a Trust Deed?
For people living in Scotland they have other debt solutions available to them to help when they are in financial difficulty. A Trust Deed is one of these solutions and allows you to pay your creditors back at an affordable…
Debt Facts
14 May 2012
Understanding credit reports and how they are affected by DMPs
By James Jones from ExperianCredit checking is a mystery to some, so how does it work?Basically, lenders obtain your consent to share and access information about your credit agreements through credit reference agencies like Experian. We combine these records with…
Debt Facts
2 May 2012
Right to Offset
One of the most important things to do when you are in debt is to change your bank account. If you owe money to the same bank that your wages or other income is paid into then they are entitled…