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.
Archive
4 May 2011
Your Credit Report…
Debt Facts
14 Apr 2011
Repossession
If you have a mortgage and you fall into arrears with your payments you risk losing your home and having it repossessed.
Archive
5 Apr 2011
What is a Full & Final IVA
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…
Archive
21 Mar 2011
Hiding Debts From Your Partner?
Whether the debts built up before you met your partner, or whether the debts occurred when together, hiding something from your partner can put immense strain on your relationship.
Archive
11 Mar 2011
Weekly Debt Question
I am already in debt; I might as well take out more credit.
Archive
4 Mar 2011
Weekly Debt Question
Archive
22 Feb 2011
What is a Trust Deed?
A Trust Deed is a voluntary, legally binding agreement between you and your creditors and deals with only unsecured debts.
Archive
10 Feb 2011
Bailiffs – who are they?
A bailiff is someone who is employed by the courts to take your possessions in order to sell them and give the money to your creditor to pay back the debt that you owe them. The court would only send…
Archive
8 Feb 2011
Court Action – Charging Orders
A Charging Order is where an unsecured creditor secures the amount owing to them on your property. This is done through the courts, just like with a CCJ.
Archive
3 Feb 2011
Court Action – Attachment of Earnings
An Attachment of Earnings (or AOE) is where your creditor applies through the court to be paid directly from your wages in order to guarantee their money. If the AOE is granted then your employer will be notified and each…
Archive
27 Jan 2011
Court Action – County Court Judgments
A CCJ is where the creditor or claimant attempts to reclaim the money that is owed to them by going through the County Courts.
Archive
25 Jan 2011
Default Notices
People often get very worried if they receive a default notice through the door. Today I want to go through what they are and what you need to do so hopefully you needn't worry in the future.
Archive
18 Jan 2011
Bankruptcy: What does it mean?
Archive
4 Jan 2011
What Is A Debt Management Plan?
Good afternoon bloggers. Now you know who I am, I want to share with you what I do and all that I know. I want to start with the basics so today I will be sharing with you what a…
Archive
23 Aug 2010
5 Ways To Save On Your Fuel Consumption
5 tips to cut the costs of your fuel bill With fuel prices set to increase, why not follow Payplan’s money saving tips to help reduce your petrol or diesel costs. 1. Find the cheapest petrol near you You can find the cheapest…
Archive
4 Jun 2010
5 Ways to Cut Your Bills
The following bill cutting tips could help you save money on your monthly outgoings. Click here for further budgeting advice1. Cut your TV packageAsk yourself this question; do you really watch all the channels you subscribe to? If the answer…
Archive
20 May 2010
Budgeting Loans from the Social Fund
Low-income? (Information on this page is taken from Direct.gov.uk) If you’re on a low income and need help with certain important costs, you may be able to get an interest-free Budgeting Loan from the Social Fund that you pay back.…
Archive
22 Apr 2010
Government ‘must act urgently’ to regulate debt management industry that will cost consumers £¼bn in 2010
£¼ billion bill to consumers in 2010New research published today says that consumers will be hit with a bill of over £¼ billion in 2010 in set up and management fees to ‘debt management plan’ (DMP) providers despite the existence…
Archive
4 Jan 2010
Prioritise Your Costs and Debts in 2010
04 January 2010 Are you struggling to manage your bills at the beginning of what could be a tough year? If so, understanding, prioritising and managing your monthly costs and debts could give you a financial head-start in 2010.