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.
Living in Debt
10 Sep 2019
Samaritans and PayPlan talk on suicide prevention
Living in Debt
3 Sep 2019
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…
Money Management
16 Aug 2019
The Rising Cost of The Summer Holidays
The summer holidays should be one of the happiest times of the year for families. Children are set free from their school routine for six weeks, giving parents the chance the chance to enjoy some quality family time on days…
Money Management
12 Aug 2019
Covering Funeral Costs: Your Options
Covering funeral costs may be the last thing on your mind after the death of a loved one. Unfortunately it’s something most of us will have to face at some point in our lives. Many people struggle to cover these…
Debt Facts
5 Aug 2019
Can An IVA Take My Pension?
Important Update (June 2025):This blog was originally published in 2019. Since then, there have been important updates to IVA (Individual Voluntary Arrangement) protocols and guidance. While much of the information below may still be useful, some details may now be…
Money Management
5 Aug 2019
Is Your Money Covered by a Bank?
Indeed, we all want to make sure our money is safe in the bank. Luckily, there are various savings protection schemes in place which serve to make sure your cash is covered by a bank. Will these schemes affect me?…
Debt Facts
24 Jul 2019
Can a Debt Management Plan Take My Pension?
Competitions
24 Jul 2019
PayPlan nominated for SHOMO award
We’re proud to announce that we’ve recently been nominated for the Best Brand, Charity or Money Blog Award at the 2019 UK Money Bloggers’ annual awards ceremony, the SHOMO awards. Sponsored by QuidCo, the awards are a chance for some…
Living in Debt
23 Jul 2019
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…
Debt Facts
22 Jul 2019
How Effective Are Debt Management Plans?
What is a DMP?How effective are Debt Management Plans? A Debt Management Plan (DMP for short), is a way for you to pay back your unsecured personal debt. Usually set up and managed by a debt management company or a debt…
Debt Facts
22 Jul 2019
Will An IVA Affect My Citizenship?
Why would an IVA affect my citizenship?When applying for British citizenship, why would an IVA affect my citizenship? Well, upon applying, the government will assess whether or not you have ‘good character’.This is their measure of deciding if or not…
News and Stories
18 Jul 2019
Sub-prime credit cards: are they worth the risk?
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,…
Client News
18 Jul 2019
What is Phone Spoofing and How Can You Spot the Warning Signs?
What is phone spoofing? Phone spoofing, also known as Caller ID spoofing, is a modern and (sadly) common occurrence. This is where a fraudulent caller will assume the role of another person or company, then call a related person to…
Debt Facts
11 Jul 2019
What is a CCJ?
Living in Debt
8 Jul 2019
How do I set up online banking?
Online bankingGone 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 the…
News and Stories
5 Jul 2019
Don’t be fooled by fake websites!
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…
Money Management
1 Jul 2019
How To Lower Credit Card Interest
Do you feel you were sucked in by an introductory interest rate? Have these rates risen to a point where you’re struggling to make the repayments?There are a number of things you can do to lower your interest rate and…
Debt Facts
1 Jul 2019
How successful are IVAs?
Important Update (June 2025):This blog was originally published in 2019. Since then, there have been important updates to IVA (Individual Voluntary Arrangement) protocols and guidance. While much of the information below may still be useful, some details may now be…
Debt Facts
1 Jul 2019
How are IVA payments worked out?
An IVA is usually a 5 to 6-year debt solution designed to help you write off the majority of your unsecured debts through regular monthly repayments.You will work with a debt advice provider (such as PayPlan) to go over your…
Living in Debt
1 Jul 2019
Can an IVA take my inheritance?
What is an IVA?An Individual Voluntary Arrangement, or IVA for short, is a debt solution whereby you pay all of your unsecured creditors back in monthly payments usually over a period of 5 or 6 years. Once the agreement ends,…