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
4 May 2018
It’s Time to Break the Taboo of Debt
Client Stories
3 May 2018
Case Study – Mike
Mike (50) first came to PayPlan in 2012 with £17,000 of debt. Mike needed to carry out some urgent maintenance on the property where he lived.
Industry News
25 Apr 2018
PayPlan announced as finalist for Debt Advice Provider of the Year
PayPlan have been shortlisted for Debt Advice Provider of the Year for the Credit Awards 2018, which has been the industry’s flagship event for over 20 years. They have been recognised for their work in creating an end to end…
Money Management
23 Apr 2018
Our favourite cheap food items!
If you’re looking at ways to cut your monthly costs, one thing you can’t do without is food! But that doesn’t mean you have to splurge on takeaways and the finest brands in the supermarket… you can still eat well…
Living in Debt
19 Apr 2018
Our Debt Heroes Top Tips for coping with stress
April 2018 is Stress Awareness Month, and here at PayPlan we understand how stressful managing your finances can be, particularly if you find yourself struggling to make up payments. It is important to understand stress, the causes and the triggers…
Living in Debt
16 Apr 2018
Stress Awareness Month – Time to reach out
April is Stress Awareness Month across the UK. Dealing with debt issues can be closely linked to stress, and we’re aiming to break the stigma and silence around debt by encouraging people to reach out for help sooner. Stress can…
Money Management
10 Apr 2018
Our Debt Heroes Top Tips on Budgeting and Saving Money
Living in Debt
9 Apr 2018
Countdown to Payday
If you’re one of the estimated 10.4million* people in the UK that are living on the breadline before payday each month, you’ll know that this can be a more stressful time than any other. You’ll be counting the pennies to…
Debt Facts
3 Apr 2018
The Facts: PPI and Debts
What happens with PPI if I’m repaying my debts?PPI or Payment Protection Insurance mis-selling claims relate to insurance that a creditor may have mis-sold to an individual. If you were incorrectly sold Payment Protection Insurance, you may have the right…
Debt Facts
22 Mar 2018
Can you inherit debt from your parents?
The loss of a parent is an emotional, trying time but the worry of having to deal with their debts can make this period even harder. However, it’s important to note that when a person dies, their debts are paid…
Client Stories
15 Mar 2018
Case Study – Diane
Diane (39) reached out to PayPlan for debt help in 2014. Between herself and her husband they found themselves with £45,000 worth of debt. Diane and her partner were applying for adoption. During the process it was explained to them…
Living in Debt
14 Mar 2018
Protecting your finances if you get made redundant
Large-scale redundancies, like the ones we saw when Carillion collapsed, are never far from the headlines, though there are plenty more we don’t hear about. Whether you’ve lost a job in the past, or it’s the first time, it’s only…
Debt Facts
12 Mar 2018
Changing energy suppliers when you’re in debt
We all want to pay less for our energy – especially in the winter months – but what if you’re looking to change energy supplier but still owe them money?Whether it’s a new debt from your most recent bill that…
Money Management
8 Mar 2018
A guide to getting rid of your credit card debt
Client Stories
6 Mar 2018
Case Study – Katie
Katie (30) reached out to PayPlan when she was 25 years old, and had £12,000 worth of debt. Katie went to university and when she graduated had a student overdraft of £2,000 as well as a credit card. At the…
Industry News
5 Mar 2018
FCA warns of interest-only mortgages
Around 1 in 5 of all mortgages are interest-only and the industry’s regulator is worried that consumers are at risk of losing their homes. The Financial Conduct Authority (FCA) is urging people to speak to their mortgage providers if they…
Industry News
27 Feb 2018
New credit card rules estimated to save consumers millions
The Financial Conduct Authority (FCA) has published new rules for the credit card market and is estimating consumers will save between £310 million and £1.3 billion a year in lower interest charges. The changes announced today will offer more protection…
Client Stories
26 Feb 2018
Case Study – Richard
Richard (38) reached out to PayPlan in 2008 with £15,000 of debt. The company that Richard was working for at the time were unreliable at paying wages. They would sometimes pay employees less one month and more the month after…
Money Management
23 Feb 2018
Avoid the ‘invisible money’ trap
Most of us are so used to flashing the plastic at the till and online that we rarely give it a second thought. Of course, credit cards are useful for household budgeting, helping you to spread the cost of big-ticket…
Client Stories
15 Feb 2018
Case Study – Scott
Scott (32) came to PayPlan 5 years ago with £6,000 worth of debt. The majority of his debts were with credit cards, payday loans and catalogues. At the time, he was also in a relationship with someone who was constantly…