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.
News and Stories
15 Dec 2022
Get your finances back on track in 2023
News and Stories
15 Dec 2022
Fears over debt as people could turn to loan sharks to cover Christmas
Experts have warned that unscrupulous lenders could try to cash in on the festive period as households struggle to cope with rising food, fuel and energy bills.Loan sharks are targeting vulnerable people seeking credit and trapping them into a cycle…
Industry News
12 Dec 2022
PayPlan awarded Partner Recognition for their work to stop loan sharks
We’re proud to be the first national debt advice provider to achieve partner recognition status for our work in raising awareness about loan sharks and helping clients access essential support services.
Industry News
6 Dec 2022
PayPlan wins Debt Advice Provider of the Year for successive year
PayPlan has been named Debt Advice Provider of the Year for the second year running following last night’s win at the Collections and Customer Services Awards.
News and Stories
18 Nov 2022
Key takeaways from the Autumn Budget Statement – what does it mean for you?
Chancellor Jeremy Hunt delivered his Autumn Statement on Thursday (November 17), outlining plans designed to tackle rising prices and restore the UK's credibility with international markets.
Money Management
17 Nov 2022
Tips to help you tick off your Christmas shopping for as little as possible
With the festive season quickly approaching, you may feel additional financial pressures, so it’s important to outline a plan and manage your budget so you don’t overspend.
Industry News
11 Nov 2022
PayPlan partners highlight the importance of Talk Money Week
Client Stories
9 Nov 2022
A client’s story: Tania shares her experience of being in debt and how she managed to become debt-free
As part of Talk Money Week, we caught up with Tania, a former PayPlan client. Tania has just finished her Debt Management Plan (DMP) with free debt advice provider PayPlan, after a three-year period and wants to share her experience…
Industry News
7 Nov 2022
Talk Money Week 2022: Talking about debt during the cost-of-living crisis
Talk Money Week (November 7-11) is an industry-wide campaign, led by the Money and Pension Services (MaPS), to get the nation talking about money. Data suggests that nearly one in two adults don’t feel confident when talking about money.
Industry News
7 Nov 2022
Talk Money Week 2022: PayPlan encourages open chats about money to prevent people from suffering in silence
Talk Money Week (Monday, 7th November – Friday, 11th November) is a campaign supported across the industry to raise awareness and encourage you to be more open about money with your friends and family - and potentially help you get…
News and Stories
4 Nov 2022
PayPlan nominated for Debt Advice Provider of the Year at Credit Strategy Collections & Customer Service Awards
We’re delighted to share that we’ve been nominated for the Debt Advice Provider of the Year award.Last year, we beat off stiff competition in this category at the Credit Strategy Collections & Customer Service Awards – and we’re hoping to…
Living in Debt
20 Oct 2022
GamCare publishes key insights and recommendations for the lending sector to consider
The leading gambling support charity in the UK, GamCare, has published recommendations for lenders as part of its mission to prevent gambling-related debt.We work closely with GamCare through our referral partnership, to ensure problem gamblers receive a consistent high standard…
News and Stories
13 Oct 2022
Helping you prepare for rising interest rates
Interest rates can have an impact on a wide range of areas including mortgages, borrowing, pensions and savings. The Bank of England sets the bank rate (or ‘base rate’) for the UK, which is currently 2.25%.
News and Stories
10 Oct 2022
PayPlan marks World Mental Health Day with ways to find support if you or a loved one are struggling
Industry News
29 Sep 2022
New campaign #LetsTalkLoanSharks encourages people to speak out in the fight against illegal money lending
A new campaign has been launched to encourage people to start the conversation about the dangers of loan sharks and highlight the support that’s available to those who have been affected by illegal money lending.A report published by the Centre…
Industry News
21 Sep 2022
PayPlan scoops Best Financial Support Provider at Consumer Credit Awards
We’re delighted to announce that we’ve been named Best Financial Support Provider at the Consumer Credit Awards following fantastic feedback from our customers.
Industry News
9 Sep 2022
Talking about your problems: PayPlan and Samaritans mark World Suicide Prevention Day
The cost-of-living crisis is having a bigger mental – and financial – effect on people now more than it ever has. So, to mark World Suicide Prevention Day (10th September), we’ve teamed up with Samaritans, who are encouraging people not…
Industry News
8 Sep 2022
Make sure you’re not missing out on Government support
Extra financial support is available for those aged over 66, and the Department for Work and Pensions (DWP) is urging all residents to see if they’re eligible. The DWP has also asked family members to check if relatives are missing…
Industry News
7 Sep 2022
Everything you need to know about Cost-of-Living payments
Millions of households across the UK are to benefit from a one-off government payment of £650 to help with the rising cost of living. The payment aims to support almost eight million vulnerable households across the UK as part of…
Living in Debt
5 Sep 2022
Everything you need to know about loan sharks
With price increases on everything from fuel to food making it increasingly tough for households to make ends meet, unlicensed lenders are stepping in, offering loans to the desperate at astronomical interest rates.