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.
Money Management
24 Mar 2020
Coronavirus and fraud
Money Management
13 Feb 2020
5 things to do if you’re in persistent debt
You might’ve heard the phrase ‘persistent debt’ in the news recently, and with good reason.In a move designed to help borrowers avoid paying large amounts of money in interest and charges, the Financial Conduct Authority (FCA) has recently warned lenders…
Industry News
31 Jan 2020
Payday Loans: are there any alternatives?
The wrong way to use a payday loan Many people have a negative perception of payday loans and lenders, and this is largely due to the amount of horror stories that have emerged about them over the years. Most of…
Living in Debt
20 Jan 2020
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…
Living in Debt
16 Jan 2020
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…
Money Management
16 Jan 2020
How to Save Money on Household Bills
This is a guest blog on how to save money on household bills from Compare The Market.Sometimes it can be difficult to avoid debt if your expenditures are greater than your income but making small changes to your lifestyle and…
Industry News
14 Jan 2020
Buy Now, Pay For it Later
News and Stories
13 Jan 2020
Computer Says No – Council Tax with Alan Murdie, LL.B
Alan Murdie, LL. B, Barrister gives his views on council tax in this guest blog: I have long maintained that council tax is an example of a science fiction scenario, where the computers have taken over. This has been a…
Competitions
13 Dec 2019
How to Save Money This Christmas & Avoid the Debt Hangover in 2020
Christmas is a time when spending can easily get out of control. Even if you haven’t been extravagant, it takes a lot of planning and budgeting to avoid the January Christmas debt hangover. In January last year, around 7.9 million people…
Debt Facts
10 Dec 2019
Can You Get a Mortgage With an Outstanding Debt?
In a word, yes. Regardless of the myth that arrears of any kind will ruin your chances, you may still be able to get a mortgage whilst having an outstanding debt.When applying for a mortgage, you’ll need to come across…
Competitions
5 Dec 2019
Here’s Why Your Bank Balance May be About to Shrink
New rules from the Financial Conduct Authority (FCA) are shaking up the way bank balances are presented to account holders. Here’s why your bank balance is going to look a little bit different… What’s going on?The FCA – a financial regulatory…
Living in Debt
4 Dec 2019
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…
Living in Debt
4 Dec 2019
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…
Living in Debt
3 Dec 2019
Can I Get Redundancy Pay if I am Over 65?
Living in Debt
3 Dec 2019
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…
Debt Facts
2 Dec 2019
Can you Get Legal Aid for a Divorce?
What is legal aid?Legal aid is money used to help support the costs required for legal advice and representation in court. This includes tribunals and family mediation. Whether you are eligible for legal aid is dependent on your individual case…
Debt Facts
2 Dec 2019
Do you Pay Tax on Redundancy Pay?
Redundancy can be a difficult time, especially if you loved your job and it was bringing in a suitable income for your lifestyle. Find out how redundancy can affect you when it comes to tax and other factors. What is redundancy…
News and Stories
28 Nov 2019
Is Christmas Unaffordable for the Average Household?
Recent research from PayPlan has found that over half of parents will rely on their credit cards to cover their essential living costs this Christmas.Christmas is a time for spending with loved ones, but this usually results in overspending and…
Money Saving Ideas
26 Nov 2019
Cheap holiday ideas for 2020
Going back to work and facing reality again after some time off at Christmas can give even the most positive person cause to feel a bit down. It’s understandable, then, that the months after Christmas are some of the most…
Money Saving Ideas
26 Nov 2019
How to budget in 2020
The new year symbolizes a fresh start and a chance to make changes in your life. You may feel the pinch after a period of heavy Christmas spending, and, given the current financial and political climate, it’s easy to be…