Latest Press Releases from PayPlan, Industry News and Debt Statistics
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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
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
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 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
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
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.
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
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
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
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 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, 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 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
PayPlan shares their stats and claims Blue Monday is irrelevant.
17th January 2016
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
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
Important information regarding Wonga loan write offs and your debts
8th October 2014
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
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
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
Increasing energy bills and cost of living result in North West residents struggling to feed themselves.
14th July 2014
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
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
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
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