Category Archives: News and Stories

  • Let’s talk debt and pensions during Talk Money Week 2019

    Written by Tom James

    What is Talk Money Week?Personal finance is often seen as a taboo subject but Talk Money Week is here to help break the stigma. Running from 18-22 November 2019, this year the campaign will be focused on pensions.Organised as part of the Financial Capability Strategy for the UK, the aim…

  • What impact are Buy Now, Pay Later schemes having on consumers?

    Written by Tom James

    What is a buy now, pay later scheme?Buy now, pay later (BNPL) schemes are offered to customers at the point of purchase to allow them to spread the cost of what they are buying. Some retailers offer these services in-house and other use external companies who specialise in this.When choosing…

  • Talking Money Matters on World Mental Health Day

    Written by Tom James

    World Mental Health Day takes place on 10th October 2019. Results from a recent PayPlan survey, along with advice from the Samaritans, highlight the importance of seeking money advice sooner to try and support mental health problems. What is World Mental Health Day?Campaigned for by the Mental Health Foundation and recognised…

  • Shout: Supporting People in Crisis

    Written by Will Lyon

    In recognition of World Suicide Prevention Day, we’re speaking to PayPlan Team Leader and ‘Shout’ volunteer Laura Evans. We sat down with Laura to find out more about how Shout offers support to people in crisis. Hi Laura, what can you tell us about Shout? Shout is a national non-profit…

  • Samaritans and PayPlan talk on suicide prevention

    Written by Tom James

    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 to talk about suicide? According to the Samaritans’ website[i], there…

  • Sub-prime credit cards: are they worth the risk?

    Written by PayPlan

    Trying to get credit when you’re in debt, or have a poor credit score, can be incredibly frustrating.  It might be the case that you’ve got a less-than-ideal credit score due to a County Court Judgment a few years ago, or had a few missed payments on a mobile phone…

  • Don’t be fooled by fake websites!

    Written by PayPlan

    Are you worried about fake websites? We know that there’s no shortage of debt advice companies in the UK. Some, like us, offer free advice and free debt management plans, whilst others offer free advice but charge both a set-up fee and monthly fee to manage your plan. Whilst we…

  • Client Story – Amy

    Written by PayPlan

    How much debt were you in when you asked PayPlan for help? When I initially called PayPlan to see if they could help me, I was in around £15,000 worth of debt. I said to the person on the phone “it’s a lot isn’t it?” and they replied with “it’s…

  • An Expert Opinion… Debt Relief Order with Diane Watson

    Written by Will Lyon

    Hi Diane, can you briefly explain what it is you and the Debt Relief Order team do here at PayPlan? My role is the Competent Authority Liaison, which means I’m the link between PayPlan and the Insolvency Service. I am also an Approved Intermediary. Our experienced Debt Advisers will speak…

  • The Financial Struggles of Being a Single Parent

    Written by PayPlan

    There are many reasons single parents struggle financially, and it’s nothing to be embarrassed about. Being a single parent is hard, especially when there’s only one monthly paycheck instead of two and you have to put more money into childcare whilst you go to work.We’ve outlined some of the struggles…

  • Has Universal Credit been a failure? – We asked our clients

    Written by PayPlan

    With food bank use still rife across the UK and a considerable amount of in-work families still needing to use food banks, the controversy over Universal Credit rages on. In order to make sense of how well Universal Credit is (or isn’t) working, we decided to go to PayPlan clients…

  • Become debt free – 5 tips from a PayPlan client

    Written by Emmanuelle Kopliku

    Want some motivation this fine Monday morning? Nothing inspires us more than the story of a PayPlan client who successfully became debt free. Alongside our many success stories, these helpful tips and tricks from our previous client, Andy, could help you become debt free. Andy’s Story Andy and his partner Jo…

  • Gambling Addiction & Debt

    Written by PayPlan

    I recently read about a man who has gambled since he was 12 years old. He believed he needed to gamble in order to survive. He is now older and married with 2 children, yet he still gambles. His wife does not know that he gambles and if he loses…

  • Mental Health Awareness Week

    Written by PayPlan

    Mental Health Awareness Week takes place each year in May. We all understand that it is important to look after your mental health, but how do we do this? There are many physical warning signs that you may be struggling with your mental health. You may experience headaches, mood swings,…

  • It’s Time to Break the Taboo of Debt

    Written by Skint Dad

    As a family, we first started talking about debt in 2013 when things got to the lowest point. We were skint – proper skint. It wasn’t about being able to afford a few pints at the pub, we didn’t have enough money to even get a food shop. Our debt…

  • Case Study – Mike

    Written by PayPlan

    Mike (50) first came to PayPlan in 2012 with £17,000 of debt. Mike needed to carry out some urgent maintenance on the property where he lived.

  • PayPlan announced as finalist for Debt Advice Provider of the Year

    Written by PayPlan

    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 Digital Advice Journey making it easier for clients to access…

  • Case Study – Diane

    Written by PayPlan

    Diane (39) reached out to PayPlan for debt help in 2014. Between herself and her husband they found themselves with £45,000 worth of debt. Diane and her partner were applying for adoption. During the process it was explained to them that they wouldn’t be accepted as adoptive parents unless they…