Category Archives: In other news

  • How to Improve Your Credit Rating

    Written by Darren Beach

    If you’ve successfully paid off your debts or have recently completed a debt solution, such as an Individual Voluntary Arrangement or Debt Management Plan, then your credit rating (also referred to as a score) has perhaps taken a hit. This means you now need to work on improving it. The…

  • What Is Bad Debt?

    Written by PayPlan

    Many people consider any type of debt to be a bad thing but it is almost always necessary. If you want to own a house you’ll probably need a mortgage – it’s highly unlikely you’d be able to pay the full price up front – but mortgages are counted as…

  • What is the UK’s National Debt?

    Written by PayPlan

    Earlier this year, research by PayPlan discovered that 94% of Britons think the UK has a debt problem but that most people would not seek help until their debts escalated to £25,000 or more.We understand that debt is an everyday part of life – after all, your mortgage is effectively…

  • Current Vacancies – Pack Takers

    Written by PayPlan

     Would you like to work with a Company that makes a positive difference to people’s lives?At Payplan we help people who are in debt, by providing free debt advice and debt solutions which are based around what our clients are actually able to afford.We are currently looking for Pack Takers;…

  • Perfect payments

    Written by Chelsea Potter

    We’ve teamed up with the Federation of Small Businesses (FSB) to produce a series of helpful guides whether you are new to self-employment or have been for a while. Managing invoices and dealing with late payments is up there as two of the biggest challenges that the majority of self-employed…

  • Taxing times

    Written by Chelsea Potter

    We’ve teamed up with the Federation of Small Businesses (FSB) to produce a series of helpful guides whether you are new to self-employment or been doing it for a long time. This week, we looked at how to complete your tax returns.

  • Spot the scams

    Written by Chelsea Potter

    We’ve teamed up with the Federation of Small Businesses (FSB) to produce a series of helpful guides whether you are new to self-employment or been doing it for a long time. This week, we looked at how small businesses can protect themselves against fraudsters and what they should do if…

  • Self-employment surge

    Written by Chelsea Potter

    There are now a record 4.8 million self-employed people in the UK as more and more people opt to go it alone. We’ve teamed up with the Federation of Small Businesses (FSB) to produce a series of helpful guides about how to create a successful business.

  • Xmas past, Xmas presents…

    Written by Niall Davison

     Inspired by the past, PayPlan’s Ruth Vernon shows how you can still have a great Xmas – without breaking the bank… When I was a nipper – and that’s going back decades as opposed to just years – Christmas was all hustle and bustle in the weeks leading up to…

  • When are we open over the festive season 2015-2016?

    Written by Niall Davison

     Like most people, we’re taking a bit of a break over the festive season, so our opening hours are changing slightly. If you’re a new client and you need debt help, check out below when our Helpline is open. If you’re an existing PayPlan client (or already in the process…

  • The state of holiday spending

    Written by PayPlan

    The festive season is here. It’s time to enjoy quality time with friends and family, wrap up the year at work, party, and of course spend spend spend. For many of us, Christmas is the time of year where our usual frugal ways can go out the window. The pressure…

  • Freephone 0800 / 0808 – Free now really is free!

    Written by Niall Davison

    Like many UK organisations, here at PayPlan we use Freephone numbers – starting 0800 or 0808 – for new clients to contact us. Previously, these calls were generally free when called from a landline, but mobile users were usually charged for using them. From 01 July 2015, all numbers starting…

  • Prepaid debit cards

    Written by Anthony Hill

    Are prepaid debit cards a viable alternative to a ‘traditional’ basic bank account?If you’re in the process of sorting out a debt solution, you may need to think about switching bank accounts – this is especially important to consider if you’re in debt to the same bank or building society…

  • How will the new Tory government affect your wallet?

    Written by Payplan Ryan

     As David Cameron finalised his Cabinet reshuffle, the Chancellor, George Osborne, was preparing to push ahead with his austerity plans as outlined in his March budget.  However, the full effects of the proposed £12bn welfare cuts won’t be presented to parliament until the Queen’s Speech on 27 May so until…

  • Worried about an interest rate rise?

    Written by Tracey Davies

    Worried about how a rise in interest rates could affect you? No one knows exactly when it’s going to happen but take a minute to ask yourself whether you are prepared for when they eventually do? If not, don’t worry as there’s still time. PayPlan’s Rachel Duffey joined Experian Expert Darren Beach…

  • School’s out

    Written by Tracey Davies

    Students from Marston Thorold’s C of E school near Grantham spent the day with us last Wednesday as part of a fundraising challenge.Money Advice Consultant & Union Liaison Jane Clack visited the local school to talk about planning and budgeting.She gave each of the children £10 and asked them to…

  • What is a Logbook Loan?

    Written by Payplan Ryan

    Log book loans are a growing trend, with the number of people taking them out increasing by 40% between 2006 and 2009**. With more of these types of loans appearing it is important to understand exactly what they are. Log book loans, unlike a normal loan, come under the Bills…