Welcome to PayPlan’s debt advice blog!
Our blog covers the latest news at PayPlan, tips to help you save money, our latest press releases, expert insight and everything in between.
Industry News
22 Mar 2021
What is Debt Awareness Week and how can you get help?
Money Management
16 Mar 2021
Top financial tips for self-employed workers
The recent budget announcement was highly anticipated by millions up and down the country, including self-employed workers who found out that the Self-employed Income Support Scheme (SEISS) would remain in place and provide two further grants to help cover average…
Industry News
3 Mar 2021
What could the 2021 budget mean for your finances?
The Chancellor announced the budget on 3rd March 2021 to outline the Government’s financial plan for the coming year and beyond.The announcement was highly anticipated by millions up and down the country, including workers, businesses and low-income households negatively affected…
In other news
2 Mar 2021
From one budget, to another
The 2021 Budget is a time for government to set out their spending plans for the year ahead. But, much like the rest of the year, the nation’s ongoing health and finances crisis is likely to take centre stage.So, to…
Living in Debt
12 Feb 2021
Tackle the financial third wheel this Valentine’s Day
Valentine’s Day is approaching and although celebrations will be a little different this year, it’s an opportunity to reflect and be with the one you love. For some, there is a third wheel getting in the way of a healthy…
Industry News
5 Feb 2021
New virtual enforcement powers for bailiffs
Virtual bailiffs visits to reduce Covid-19 spread Thanks to a High Court ruling in January, bailiff visits no longer have to be done by a bailiff coming round to your house – they can now be done via Zoom, FaceTime or…
Industry News
3 Feb 2021
Financial education needed after Buy Now Pay Later clampdown
Industry News
1 Feb 2021
Financial Wellbeing hub launched
PayPlan launches Financial Wellbeing hubDebt is a major problem in the UK. The effects of Coronavirus over the past 12 months has caused more people to fall behind on repayments and require support with managing their money and mental health.…
Debt Facts
20 Jan 2021
Debt Relief Order (DRO) – Changes to Qualifying Criteria
New changes to DRO criteria from June 2021From June 2021, new changes were made to the qualifying criteria for Debt Relief Orders (DROs). They included:Raising the maximum debt level for DROs from £20,000 to £30,000Raising the maximum asset levels from £1,000…
In other news
18 Jan 2021
How to beat Blue Monday in 5 steps
What is Blue Monday?Blue Monday is said to be the most depressing day of the year. But, spoiler alert, it is nothing more than a 16-year old marketing idea that has gone viral every year since it was made up.…
Living in Debt
12 Jan 2021
What to do if you’re struggling to pay your rent
With unemployment levels expected to reach a staggering 2.6 million by the middle of 2021, the sad reality is that many people across the UK will be struggling to pay their bills this year. Whilst redundancies are devastating for everyone,…
Money Saving Ideas
6 Jan 2021
Avoiding The New Year Debt Hangover
Jane Clack, Money Advice Consultant at PayPlan, shares her best tips and tricks to help you avoid the dreaded New Year debt hangover… It’s safe to say that 2020 hasn’t been easy for any of us, but there’s light at…
Surveys & Polls
8 Dec 2020
PRESS RELEASE: 82% feel financially insecure going into 2021
Our recent client survey shows the shocking reality of how people have coped in 2020, and how they feel heading into Christmas and the New Year Two thirds of us (66%) saw their income drop due to COVID-19 82% of…
Money Management
18 Nov 2020
Winter Financial Wellbeing
News and Stories
13 Nov 2020
PayPlan team raises £1,500 for Broxtowe Women’s Project
The team at PayPlan have been busy raising money for East-Midlands domestic abuse charity Broxtowe Women’s Project (BWP).BWP offers support for individuals directly and indirectly affected by domestic abuse, but they also work with businesses (like PayPlan) to help staff…
In other news
11 Nov 2020
Let’s talk money!
Between 9-13 November, the Money and Pensions Service (MaPS), runs its national Talk Money Week annual campaign to encourage us to all open up about money. Having the confidence to speak out, or knowing who to turn to, can really…
Industry News
28 Oct 2020
What Will Happen When the Furlough Scheme Ends?
With the furlough scheme finishing at the end of October, the Government has put a new system in place to try and protect jobs – the Job Support Scheme (JSS).What is the furlough scheme?If you are on furlough, you are…
Industry News
29 Sep 2020
Toolkit to help people affected by gambling-related financial harm
Today, GamCare has launched a new toolkit for organisations to support people affected by gambling-related financial harm.The leading gambling support charity’s toolkit is for financial institutions, gambling businesses and debt advice agencies across the UK. As a result, these organisations…
Industry News
28 Sep 2020
How to claim back tax if you’re working from home
If you can work from home, then the government has advised that you do so. With winter just around the corner, here’s what you need to know about how to claim back tax when you’re working from home.What difference does…
Client News
23 Sep 2020
Are you living on a reduced income?
We’re all very aware of the financial impact that Covid-19 has had on household budgets. From getting a reduced income to no income at all – it’s been a challenge. Here’s what you can do if you are living on…