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
20 Oct 2022
GamCare publishes key insights and recommendations for the lending sector to consider
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
Debt problems and poor mental health can often be closely intertwined. So, to mark World Mental Health Day, we’re highlighting ways to improve mental health, how to find help for yourself or a loved one, and how to potentially prevent…
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
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.
Money Management
26 Aug 2022
Understanding your gas or electricity bill
We know making sense of gas and electricity bills and statements can be difficult, especially when you’re already feeling concerned about price rises. We’ve pulled together some information on what you can expect to see within a typical bill.
Money Management
19 Aug 2022
Coming to terms with rising energy prices
We know the April energy price cap rise was extremely worrying for many people, and with rises in October and January expected, things may seem worrying, so it’s important you know where to turn ahead of the changes.
Money Saving Ideas
10 Aug 2022
Ten tips to help you get through the summer on a budget!
The summer can be a stressful time – but there are ways to enjoy yourself on a budget, even during a cost-of-living crisis. Whether it’s a day out in the sun or a rainy day at home inside, with a…
News and Stories
9 Aug 2022
Everything you need to know about the £400 government energy bill discount
All households in England, Scotland and Wales are set to receive £400 in energy bill discounts as part of the new cost of living help package by the government – and here’s everything you need to know about how and…
News and Stories
5 Aug 2022
Understanding inflation, the rise in UK interest rates and what it means for you
Industry News
29 Jul 2022
PayPlan nominated for three Consumer Credit awards!
We’re delighted to announce that we’ve been shortlisted as finalist in three categories at this year’s Consumer Credit Awards. Voted for by our clients, we’re now finalists in the following areas: Best Financial Support Provider, Firm of the Year and…
Industry News
21 Jul 2022
Creating our industry best practice guide with national domestic abuse charity Refuge
Together with Refuge, we’ve produced a Best Practice Guide highlighting our industry call to action, our key findings, risk mitigations and guidance for other organisations across the sector to develop the specialist support they offer to survivors of domestic abuse.
Industry News
13 Jul 2022
Everything you need to know about TV licensing
TV licences are an essential cost for most of Britain’s households and, with living costs on the rise, it’s important to make sure you’re on a payment plan that works for you and to check to see whether you’re eligible…
Industry News
21 Jun 2022
PayPlan partners with National Bereavement Service to support people following the death of loved ones
We’ve launched a new partnership with the National Bereavement Service (NBS) to provide practical, emotional and financial support to those who have experienced the death of someone close to them.Through our new partnership, our clients dealing with grief or bereavement…
Industry News
10 Jun 2022
Cryptocurrency harms and its effects on mental health and wellbeing
Last year we wrote about the rise of cryptocurrency and the potential dangers it can pose in terms of debt and mental health. As one of the UK’s leading providers of free debt advice and a referral partner for a…
Industry News
1 Jun 2022
How is the cost-of-living crisis affecting the debt world?
The cost of living has been increasing across the UK since early 2021 and, in April 2022, inflation reached its highest recorded level. The Office of National Statistics (ONS) estimates it is now higher than at any time since around…