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
6 Mar 2018
Case Study – Katie
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 to…
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…
Money Saving Ideas
8 Feb 2018
Six Tips for Saving Money During Half Term
Money Management
6 Feb 2018
A guide to paying off your overdraft debt
Many of us dip into our overdraft before payday and sometimes – if the month has been a particularly busy one or if any unexpected payments have surfaced – this means what we do receive from our wages could quickly…
Client Stories
1 Feb 2018
Case Study – Luke
Luke (44) had around £14,500 worth of debt when he first came to PayPlan in 2010.Luke was in full-time employment, but his partner had a long term illness, which required both financial and emotional support.Although after some time she was…
Money Management
23 Jan 2018
Five easy ways to keep your money in check
It’s a few weeks into 2018, and we all know how hard it can be to keep motivated to meet your New Year goals. Despite the days getting longer, the evenings are still dark, the weather is still damp and…
Money Management
19 Jan 2018
Can and should you pay your mortgage with a credit card?
A common question, when it comes to mortgage debt, is ‘can I pay my mortgage with a credit card?’. If you are considering paying your mortgage with a credit card, this guide breaks down whether you should do this: Can…
In other news
12 Jan 2018
Blue Monday – Looking after your mental health and beating the January blues
Blue Monday is said to be the most depressing day of the year. Here at PayPlan, we understand that those who live with mental health issues aren’t dictated by a specific date.If you are feeling particularly down during the cold…
Living in Debt
21 Dec 2017
Case Study – Chris
Chris (36) had over £80,000 worth of debt when he reached out to PayPlan for help over 6 years ago. His debt problems started when his commission based job changed. Chris was a wealthy man with a large income of…
Living in Debt
20 Dec 2017
Kids Have to Deal with Debt too
Living in Debt
17 Dec 2017
How to know when your debt is too much
For many of us, our list of outgoings usually feature some sort of debt repayment. It could be the mortgage on our home, a credit card bill or a personal loan. But while we understand debt is an everyday part…
Debt Facts
15 Dec 2017
What is a third party debt order?
As soon as you hear the word court, alarm bells may start to ring. But if the court system is involved in your debt struggles, it’s important to understand the facts and keep a level head. If you are late on…
Money Management
13 Dec 2017
Getting Savvy About Priority Debts
No one plans to get into debt. But sometimes the unexpected happens and managing personal and household finances become more of a challenge.When money is tight we might find ourselves having to make a decision about which bills we can…
Money Management
11 Dec 2017
Looking After The Pennies in 2018
This time of year is for reflecting on the previous 12 months, and also looking ahead to the next 12 months and what we can do to improve ourselves through little changes in our everyday life.
In other news
8 Dec 2017
Festive Opening Hours
If you need to talk to someone regarding your finances or living a debt free life then PayPlan are here for you. Please note that we have reduced opening times over the Christmas period, please see below for our opening…
Money Management
29 Nov 2017
The Rainy Day Fund
Hi I’m Olly and I write over at savvydad.co.uk about all things family and finance related. We’ve heard the term “Rainy Day Fund” and you probably agree with us that it sounds like something we should all have. So, why…