What should you do if you’re self-employed and in debt?

There are around 3.5 million sole traders in the UK and 2 million limited companies, according to the business advice website CompanyBug. If you’re self-employed are and finding things tough during the Coronavirus crisis, don’t be afraid to seek help.…

Blue Monday – The most depressing day of the year

What’s so blue about Monday? Known by many as the most depressing day of the year, ‘Blue Monday’ is called as such for a number of reasons. For many, the post-Christmas debt is due, so many will be feeling the…

New year, new credit card debt?

Another Christmas has come and gone, and another January has arrived, which can only mean one thing…credit card debt, and lots of it.The festive financial hangoverEvery year, thousands of Brits brace themselves for letters from their credit card providers as…

Will Your Partner’s Debts Affect You?

One of the most common concerns our customers express is whether their debts will affect their partner. This detailed blog post discusses marriage and debt and looks at how you and your partner can be financially linked. A useful read…

How do I write a letter to freeze credit card interest?

How do I write a letter to a credit card company to freeze interest? Having interest and charges frozen on your credit cards can make a huge difference to the length of your repayment period. For many people a solution…

5 Ways to Make Christmas More Affordable

Christmas might still be six weeks away but it is an expensive time of year - a time when a lot of people start to feel overwhelmed by the costs and turn to credit for help. This week's blog post…

Samaritans and PayPlan talk on suicide prevention

Every year in September, organisations around the world campaign to raise awareness of suicide prevention for World Suicide Prevention Day. That’s why we’ve teamed up with the Samaritans to talk about suicide prevention ready for #WorldSuicidePreventionDay. Why is it important…

Do students in the UK have a gambling problem?

Being a student can be incredibly expensive. You’ve got to pay for accommodation, shopping, food and a host of other expenses. For those who’re living away from home for the first time, this can be a pretty big shock to…

When to Consider a Debt Management Plan

When you’re in debt it can be difficult to know what to do next. Trying to sort out payments to different lenders, juggling calls from multiple creditors asking for money, trying to sort your priority debts from those that can…

How do I set up online banking?

Online banking Gone are the days where popping into your local bank was the only way to pay your bills, manage debt, or withdraw and deposit money into your account. Online banking has brought convenience to everyday life, and although…

I Can’t Afford Bankruptcy

‘I can’t afford bankruptcy’ sounds like an oxymoron. You’re already in a poor financial situation. Why should making it worse cost money? The truth is, bankruptcy is often a more favoured option to other alternatives. And for those faced with…

Can I add Debts to my IVA?

There isn’t a simple yes or no answer to this question, unfortunately. An Individual Voluntary Arrangement (IVA) is a legally binding debt solution, and once you’ve agreed to the terms and conditions it can be difficult to add new debts…

How to Stop Debt Collection Letters in the UK

Debt collection letters can be intimidating and you may not know what to do when one drops on your doormat. We’ve talked before about what to do when bailiffs come knocking at your door, but what should you do when…

How to Respond to a Debt Collection Letter?

Debt collection letters are the most common form of contact used by creditors to remind you of unpaid debts. You may find that if you’ve missed multiple payments, these letters start to pile up. These should not be taken lightly,…

How to manage debt stress

Feeling anxious about debt? You’re not alone. One in two adults in debt in the UK has a mental health problem, and one in four people who’ve got mental health problems are also currently in debt.* Whether it’s credit card…