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.
Our blog covers the latest news at PayPlan, tips to help you save money, our latest press releases, expert insight and everything in between.
The Winter Fuel Payment is an annual payment from the government to help eligible people with their heating costs during the colder months. It’s usually between £100 and £300, depending on your circumstances.If you’re eligible, you’ll typically receive your payment…
The summer holidays have arrived! While the kids might be excited for a long break, we’re aware of the extra financial pressure that it can put on families.Keeping track of what you’re spending while trying to make sure your children…
Even though the summer holidays have only just begun, many of us have already lost count of the times we’ve heard “I’m bored”. No matter what your budget is, the summer holiday costs can add up quickly! We’ve put together…
Raising children is one of the most rewarding experiences life can offer. However, it can be surrounded by a fair share of worries, particularly when it comes to your finances. From milk to nappies, childcare to clothing, the costs soon…
We recently saw England suffer defeat in the Euro 2024 final against Spain.While many will have enjoyed watching the tournament, for others, it may have been distressing to chase bet losses and possibly enter financial difficulty.Gambling can be a highly…
What’s a loan shark?A loan shark – or illegal money lender – is someone who lends money illegally without proper authorisation from the Financial Conduct Authority (FCA).That means if you borrow from them, they don’t have to follow the rules…
We’re proud to partner with the Aviva Foundation to enhance awareness of Shout, a critical mental health support service for anyone struggling to cope, including young individuals affected by the cost-of-living crisis, and who are in distress due to their…
PayPlan, one of the UK’s largest debt advice organisations, is trialling the MorganAsh Resilience System (MARS) to better identify and assess vulnerable customers.Following a successful trial, the platform will be rolled out to enhance PayPlan’s service offering. MARS’s objective and…
How to communicate with bereaved people It’s National Bereaved Parents Day on 3rd July 2024, an awareness event established by charity A Child of Mine in 2020 to honour bereaved parents and to break the silence around the death of…
We’re excited to announce that we’ve been named as finalists in the Debt Advice Provider of the Year category at the Credit & Collections Industry Awards.The awards recognise excellence and innovation in the UK credit and collections industry. In this…
For many individuals, gambling can be harmless fun, especially during high-profile events such as the Euros, but for many, gambling can cause utter devastation. Gambling addiction can lead to job losses, relationship and family issues, breakdowns and even suicide.How to…
We recently caught up with Anna, who took out a Debt Management Plan (DMP) to manage her debts and help keep her freelance business operating.How did your debt troubles start?The recession of 2008 really affected my freelance work, and I…
‘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…
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…
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…
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…
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…