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.
Client Stories
17 May 2024
My PayPlan Story: How I kept my freelance business going whilst struggling with my debts
Industry News
16 May 2024
Mental Health Awareness Week 2024 – Moving more for your mental health
‘Moving more for our mental health’ is this year’s theme for Mental Health Awareness Week.We’re well aware of the stress that debt can place on you, and for many people, poor financial situations can trigger extended periods of stress and…
Client Stories
8 May 2024
My PayPlan Story: Coming back from rock bottom with support from PayPlan
In our latest case study, we catch up with a PayPlan customer who shared their story of taking out a Protected Trust Deed.How did your debt troubles start?I struggled financially and mentally with my appearance, and I ended up having…
Client Stories
1 May 2024
Mum of three, 48, shares Debt Management Plan (DMP) story
Megan, 48, a mother of three, first contacted PayPlan for support with roughly £22,000 of debt.Having moved to England from Germany, Megan and her now ex-husband paid six months’ rent in advance to move into their flat.“Setting up a life…
Living in Debt
17 Apr 2024
Am I responsible for my partner’s debts?
Money is something that affects many relationships, especially when couples are looking to buy a house or get married.Sharing your finances with your partner can often be a convenient and sensible approach to organising your money. Joint finances with your…
Industry News
11 Apr 2024
Stress Awareness Month: Tips to help you manage your money
It’s Stress Awareness Month, and over the next few weeks, we’ll be exploring related topics and how we might be able to support you.This year, the theme for Stress Awareness Month is ‘Little By Little, A Little Becomes A Lot’.The…
Living in Debt
8 Apr 2024
What happens to my debt if I lose my job?
Industry News
28 Mar 2024
World Bipolar Day: The link between debt and bipolar disorder
The aim of World Bipolar Day (Saturday, March 30th) is to encourage understanding about what bipolar is – and isn’t – and to banish the stigma around it.Each year, Bipolar UK holds its annual conference and runs a number of…
Industry News
26 Mar 2024
What is the new April energy price cap?
Between 1 April and 30 June 2024, the energy price cap is set at £1,690 per year for a typical household that uses electricity and gas and pays by Direct Debit.Based on typical household energy use, this is £238 lower…
Industry News
18 Mar 2024
Debt Awareness Week 2024: Addressing barriers to debt advice
It’s the 10th anniversary of Debt Awareness Week (March 18 – March 24) this week!Over the week, we’ll raise awareness of some common reasons people might not seek debt advice despite struggling financially and how they can overcome those barriers.What…
News and Stories
7 Mar 2024
What does the 2024 Budget mean for you and your money?
Here’s an overview of the key points from the 2024 Budget, announced by the Chancellor yesterday afternoon (March 6).We’ve covered the topics that could affect you and your money:TaxNational Insurance, a payroll tax, cut by 2p in the pound for…
News and Stories
29 Feb 2024
Write your Will for free in March
Wills aren’t just for the wealthy.It’s important for everyone to plan ahead, but did you know that over half of the adults in the UK don’t have a will?Without a clear Will in place, your wishes may not be followed…
Money Management
14 Feb 2024
Will my partner’s debt affect my credit score?
If your credit score is important to you, or you wish to take out credit at any point in the future, knowing what can affect your credit score is essential.Depending on your financial ties, your partner’s credit score and debts…
News and Stories
7 Feb 2024
How to protect yourself from online scams
News and Stories
1 Feb 2024
Join the nation’s biggest mental health conversation
We’re celebrating Time to Talk Day today (February 1st), the nation’s biggest mental health conversation.The annual awareness day, by Mind and Rethink Mental Illness, is a day for you. It’s a chance for you to be open with your friends,…
News and Stories
30 Jan 2024
NHS Talking Therapies can help
The NHS is encouraging anyone struggling with feelings of depression or anxiety, such as excessive worry, panic attacks, social anxiety, post-traumatic stress or obsessions and compulsions, to seek help through NHS Talking Therapies services.The services are effective, confidential and free…
News and Stories
15 Jan 2024
Take advantage of PayPlan’s free money-saving tool BudgetSmart
Our online money tool, BudgetSmart, helps you maximise your income, reduce your spending and find savings in every corner of your finances.The interactive tool has hundreds of money-saving tips across eight core categories, including support with energy and water bills,…
Industry News
10 Jan 2024
PayPlan retains Inclusive Service Kitemark™ demonstrating commitment to vulnerable consumers
We are thrilled to announce that we’ve successfully retained our Inclusive Service Kitemark™, a benchmark for industry best practice, awarded by BSI, the business standards and improvement company.The Kitemark covers topics such as the identification of customer vulnerability, inclusive design…
Living in Debt
5 Jan 2024
Are you dealing with a loan shark? What to look out for
The past few years have left many of us in the UK in worse financial situations, and whilst it’s always good to be proactive and try to take steps to solve financial problems, it’s important to be aware of the…
Money Saving Ideas
22 Dec 2023
Let’s ring in the new year with improved financial health!
A New Year can be daunting with the hope of making resolutions you think you might not be able to keep, however, following the below simple steps may help you feel your financial best and start 2024 with a positive…