• Welcome to PayPlan’s debt advice blog!

    The Living Room is a vibrant social space to chat, share tips and pick up new ideas to live well on a budget. From free things to do with your kids this weekend to a big meal on a small budget, we’ll be sharing all of our ideas with you. And most importantly – we want you to share your top tips with us!

    So, what are you waiting for? Come in, make yourself comfortable, grab yourself a cuppa and get involved in the Living Room.

  • car on finance

    How Do You Get a Car on Finance?

    Written by PayPlan

    If you’re unable to fund buying a car outright, you may instead look to financing one instead. There are many different types of car finance, so it’s important to consider all your options before getting into an agreement you may…

  • How to protect yourself financially in a separation

    Written by PayPlan

    It’s likely not going to be the first thing on your mind post-separation, but sorting out your financial situation quickly is essential after a breakup. If your separation didn’t happen under the best terms, acting quickly will give you the…

  • What is representative APR?

    Written by PayPlan

    Whenever you apply for a loan or finance, you’ll come across the term APR, which stands for Annual Percentage Rate. If you borrow any money, the APR is simply the amount of interest that’ll be added to the total amount…

  • Redundancy Pay: What Are You Entitled To?

    Written by PayPlan

    What is redundancy? Redundancy is defined as an employer terminating a job role. This is usually done either because the job is no longer needed, or the employer needs to trim down the workforce. Being made redundant is often overwhelming.…

  • 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…

  • What is a Challenger Bank?

    Written by PayPlan

    Challenger banks are typically small banks aiming to challenge the longer-established bigger banks, such as the ‘big four’ (Barclays, HSBC, Lloyds Banking Group, and The Royal Bank of Scotland Group). Examples of challenger banks include Monzo, Starling and Tandem, but…

  • How to recycle an old pair of jeans

    Written by Emmanuelle Kopliku

    Sometimes, no matter how much you love your favourite pair of jeans, they get too old and shabby to wear or they don’t fit anymore. We’ve compiled a collection of 10 unusual things you can easily make with old pairs…

  • Stag do’s don’t have to be dear

    Written by Emmanuelle Kopliku

    Waving goodbye to one of your comrades as they take the well-trodden walk into matrimony can be a difficult experience, with the prospect of frequent 4am finishes and afternoons organised around Soccer Saturday firmly becoming a thing of the past.…

  • Be Mindful of your Money this Pension Awareness Day

    Written by Tom James

    What is Pension Awareness Day? Pension Awareness Day is an event that aims to promote the importance of saving for the future. Launched in 2014 by Pension Geeks, the initiative offers online and face-to-face advice for people to find out…

  • 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…

  • 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…

  • Do students in the UK have a gambling problem?

    Written by PayPlan

    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…

  • The Rising Cost of The Summer Holidays

    Written by Sam Critten

    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…

  • Covering Funeral Costs: Your Options

    Written by Will Lyon

    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…

  • Can An IVA Take My Pension?

    Written by Will Lyon

    If you’re currently in an IVA and are over 55, you may be able to use your pension to pay off your debts. It’s unlikely that your pension will be explicitly taken and put into your IVA, but it’s worth…

  • Is Your Money is Covered by a Bank?

    Written by Will Lyon

    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?…

  • Can a Debt Management Plan Take My Pension?

    Written by Will Lyon

    What is a DMP? A Debt Management Plan (DMP for short), is a way for you to pay back your unsecured debt in manageable instalments. DMPs are one of the most common debt solutions in the UK, and are authorised…

  • PayPlan nominated for SHOMO award

    Written by PayPlan

    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…

  • When to Consider a Debt Management Plan

    Written by Sam Critten

    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…