Industry News
29 Oct 2018
Industry News
18 Oct 2018
Are Payday Loans Becoming a Thing of the Past?
The recent collapse of Wonga has been ugly and well-publicised. The payday lender had a less than favourable reputation, and was seen by many as a business model that preyed on people who were either desperate or didn’t understand what…
Industry News
12 Jun 2018
Welsh Government set to abolish Council Tax Imprisonment
PayPlan’s reaction to Welsh Government abolishment of council taxAlistair Chisholm, head of advice sector policy and partnerships at PayPlan, wrote an industry report ‘I can’t believe we still do that: council tax report’ in November 2017. The report, a joint…
Industry News
25 Apr 2018
PayPlan announced as finalist for Debt Advice Provider of the Year
PayPlan have been shortlisted for Debt Advice Provider of the Year for the Credit Awards 2018, which has been the industry’s flagship event for over 20 years. They have been recognised for their work in creating an end to end…
Industry News
5 Mar 2018
FCA warns of interest-only mortgages
Around 1 in 5 of all mortgages are interest-only and the industry’s regulator is worried that consumers are at risk of losing their homes. The Financial Conduct Authority (FCA) is urging people to speak to their mortgage providers if they…
Industry News
27 Feb 2018
New credit card rules estimated to save consumers millions
The Financial Conduct Authority (FCA) has published new rules for the credit card market and is estimating consumers will save between £310 million and £1.3 billion a year in lower interest charges. The changes announced today will offer more protection…
Industry News
2 Nov 2017
Interest rates hikes set to hit struggling homeowners hard
Industry News
26 Oct 2017
Nine in 10 homeowners are worried about rise in interest rates
A rise in interest rates could have a catastrophic impact on homeowners who are already living on a tight budget, according to figures from leading free debt advice provider PayPlan.PayPlan has launched its Out of Interest calculator to help clients work…
Industry News
23 Oct 2017
In the news this week: Bills, borrowing and debts growing
Earlier this week the Financial Conduct Authority (FCA) warned of a pronounced build-up of debt among young people.
Industry News
24 Jul 2016
What do the bankruptcy changes mean for you?
The application process and fees have changed for bankruptcy. Today we look at what changes have occurred and what they mean for you.
Industry News
7 Apr 2016
New data reveals Essex has the highest average debt in the UK
PayPlan have revealed new debt figures to show the top 10 counties in the UK with the highest average debt figures and Essex was revealed to have the highest debt level. According to the data 1212 people from the area used…
Industry News
28 Jan 2016
SELF-EMPLOYED AT RISK OF ALMOST 40% MORE PERSONAL DEBT
Self-employed people clock up nearly 40 per cent more personal debt than those who are on the payroll, according to PayPlan's latest research.
Industry News
5 Nov 2015
ARE YOU WORRIED ABOUT THE RISE OF INTEREST RATES? YOU’RE NOT ALONE
In autumn this year we surveyed hundreds of homeowners already living on a tight budget asking how to a rise in interest rates would affect their finances.While the Bank of England held interest rates again, our survey revealed 72% of…
Industry News
12 May 2015
Pensioners Struggle to make ends meet
Industry News
21 Sep 2012
Why iPhone 5 Users May Be More Prone To Debt [Infographic]
After months of speculation, the iPhone 5 is finally being unleashed on the market. However, before you rush out in the hope of getting your hands on the coveted smartphone, you might want to check your bank balance first. After…