Latest Press Releases from PayPlan, Industry News and Debt Statistics

For press enquiries please contact our Marketing Team:

  Email: online@payplan.com



HAVE YOURSELF A REALISTIC CHRISTMAS

PayPlan and SANE have teamed up to reveal the financial pressures to borrow money in the run up to Christmas, and the effects this can have on you. Debt and mental health go hand in hand and at this time of year, both can increase substantially. Read our research and the work we have been doing to help raise awareness.
7th December 2016


THE AVERAGE COST OF A BREAKUP IS REVEALED

PayPlan reveal new research showing how a breakup can affect your finances as well as your lifestyle. £1,275.30 – that’s how much the average person ends up in debt following a breakup according to their new research.
9th November 2016


‘PESTER POWER’ AND HIGHER LIVING COSTS: PARENTS FEEL THE PINCH IN 2016

Parents are burdened with more debt on average than those without children for the first time. Our new findings reveal that those with one or more children now owe £17,755.89 on average, over £1,000 more than those without any children, who are £16,659.19 in debt on average.
24th October 2016


PAYPLAN GAINS FCA AUTHORISATION

PayPlan are delighted to announce that is has received full FCA authorisation. With the FCA aiming to ensure businesses in the financial services industry are consumer focused and run with integrity, Rachel Duffey, CEO of PayPlan, has welcomed the announcement.
15th September 2016


DANGEROUS RISE OF THE ‘DOUBLE DEBTORS’

The number of people falling into debt for a second time has more than tripled in the last year, according to research conducted by free debt advice provider PayPlan.
9th August 2016


SAVVY SUMMER SAVING

Summer can often be the time of year when debts mount up even more with the pressure of family holidays and keeping children entertained.
With many schools now closed for the summer, Jane Clack, financial adviser at PayPlan, shares her top tips on how parents can keep costs down over the break.
July 2016


NEW SURVEY SHOWS SINGLE PARENTS MISS OUT ON CHILD MAINTENANCE DESPITE BEING ELIGIBLE.

PayPlan's latest research shows that over a fifth of single parents aren't receiving child maintenance despite being entitled to it. Our research also identifies why parents don't have a current child maintenance arrangement in place.
6th June 2016


‘INVISIBLE MONEY’ MEANS OVER HALF OF SPENDING GOES UNCHECKED

PayPlan's latest research shows that 'invisible' forms of money are having a great impact on people's spending habits. The rise of contactless payments has meant people are spending more without necessarily realising it.
25th May 2016


YOUNG PEOPLE IN WALES HAVE HIGHEST UK DEBT LEVELS

PayPlan have revealed new debt figures that show young people have the highest levels of personal debt. The latest research highlights the average debt levels for 18-25 years olds in the UK and Wales was found to be highest.
18th May 2016


NEW DATA REVEALS ESSEX HAS THE HIGHEST AVERAGE DEBT IN THE UK

PayPlan have revealed new debt figures to show the top 10 counties in the UK with the highest average debt figures and Essex was revealed to have the highest debt level.
7th April 2016


PAYPLAN LAUNCH DIAGNOSE YOUR DEBT

PayPlan have launched a debt tool to help you diagnose how well your are managing your finances. Diagnose your Debt uses the most common debt warning signs to help identify whether a customer is struggling with their expenses.
10th March 2016


PAYPLAN SETS VULNERABLE CLIENT BENCHMARK

PayPlan, the free debt advice provider, has warned that thousands of vulnerable people in the UK are being left to struggle with debt problems alone.
7th March 2016


SELF-EMPLOYED PEOPLE AT RISK OF ALMOST 40% MORE PERSONAL DEBT

Self-employed people clock up nearly 40 per cent more personal debt than those who are on the payroll, according to new research from a national free money advice provider.
28th January 2016


‘BLUE MONDAY’ NOTHING MORE THAN A SCAREMONGERING MONEY MYTH’

PayPlan shares their stats and claims Blue Monday is irrelevant.
17th January 2016


IMPORTANT UPDATE FROM PAYPLAN

PayPlan have undergone a thorough review of our entire product and service provision and have subsequently made the decision to simplify our offering to clients
18th November 2014


DON'T BE AFRAID TO ASK FOR DEBT ADVICE

With PayPlan’s help, Mr Lush negotiated reduced repayment terms with all his creditors, and by paying off as much as he could afford each month, he was able to become debt free within two years.
14th November 2014


 

WONGA LOAN WRITE OFFS AND YOUR DEBT

Important information regarding Wonga loan write offs and your debts
8th October 2014


PAYPLAN PARTNERS WITH CHARITY VICTIM SUPPORT

PayPlan is now helping people struggling to cope with debt after being bereaved through homicide, through a new partnership with the charity Victim Support.
16th September 2014


SCOTS SAY ‘NO’ TO PERSONAL DEBT UNCERTAINTY

The majority of people living with debt in Scotland are against independence and fear a ‘yes’ vote will send their financial problems spiralling even further out of control.
11th September 2014


SOUTH WEST DEBT DIFFICULTIES REVEALED BY PAYPLAN

Increasing energy bills and cost of living result in South West residents struggling to feed themselves.
24th July 2014


NEW DIRECTION FOR PAYPLAN

PayPlan has today announced a number of major changes to its business structure, focused on maintaining great customer experience for the hundreds of thousands of clients making use of its debt management services each year.
16th July 2014


NORTH WEST DEBT DIFFICULTIES REVEALED BY PAYPLAN

Increasing energy bills and cost of living result in North West residents struggling to feed themselves.
14th July 2014


WALKING THE TIGHTROPE OF DEBT

Almost half of the UK population are walking a tightrope of debt, just a step away from losing their footing and falling behind on their repayments.
9th June 2014


 

THE WEST MIDLANDS’ DEBT WORRIES REVEALED IN NEW SURVEY

A new survey has revealed that more than 78 per cent of people living in the West Midlands think the cost of living will rise faster than their income in the next year.
15th May 2014


THE REGION’S DEBT WORRIES REVEALED IN NEW SURVEY

A new survey has revealed that 60 per cent of people living in the South East worry about their debt, whilst more than 40 per cent feel trapped by it.
7th May 2014


PAYPLAN EMPLOYEES ‘LIVE BELOW THE LINE’ FOR POVERTY AWARENESS

Employees at PayPlan in Grantham are living on just £1 a day to raise awareness of what it’s like for people facing extreme poverty.
1st May 2014