What to do if you’re struggling to pay your rent

With unemployment levels expected to reach a staggering 2.6 million by the middle of 2021, the sad reality is that many people across the UK will be struggling to pay their bills this year. Whilst redundancies are devastating for everyone,…

I’m worried about my finances – when is the best time to get help?

So far, 2020 has brought with it many changes, opportunities and challenges. Our top priorities are quite rightly our health and checking in on loved ones – family, friends, neighbours and taking care of our own wellbeing. However, if your…

What should you do if you’re self-employed and in debt?

There are around 3.5 million sole traders in the UK and 2 million limited companies, according to the business advice website CompanyBug. If you’re self-employed are and finding things tough during the Coronavirus crisis, don’t be afraid to seek help.…

Blue Monday – The most depressing day of the year

What’s so blue about Monday? Known by many as the most depressing day of the year, ‘Blue Monday’ is called as such for a number of reasons. For many, the post-Christmas debt is due, so many will be feeling the…

New year, new credit card debt?

Another Christmas has come and gone, and another January has arrived, which can only mean one thing…credit card debt, and lots of it.The festive financial hangoverEvery year, thousands of Brits brace themselves for letters from their credit card providers as…

How do I write a letter to freeze credit card interest?

How do I write a letter to a credit card company to freeze interest? Having interest and charges frozen on your credit cards can make a huge difference to the length of your repayment period. For many people a solution…

Can I Get Redundancy Pay if I am Over 65?

What is redundancy pay? If your employer informs you that your job is no longer necessary to the business, you are likely to be made redundant. If this happens, you will receive redundancy pay depending on how long you have…

5 Ways to Make Christmas More Affordable

Christmas might still be six weeks away but it is an expensive time of year - a time when a lot of people start to feel overwhelmed by the costs and turn to credit for help. This week's blog post…

Samaritans and PayPlan talk on suicide prevention

Every year in September, organisations around the world campaign to raise awareness of suicide prevention for World Suicide Prevention Day. That’s why we’ve teamed up with the Samaritans to talk about suicide prevention ready for #WorldSuicidePreventionDay. Why is it important…

Do students in the UK have a gambling problem?

Being a student can be incredibly expensive. You’ve got to pay for accommodation, shopping, food and a host of other expenses. For those who’re living away from home for the first time, this can be a pretty big shock to…

How do I set up online banking?

Online banking Gone are the days where popping into your local bank was the only way to pay your bills, manage debt, or withdraw and deposit money into your account. Online banking has brought convenience to everyday life, and although…

Can an IVA take my inheritance?

What is an IVA? An Individual Voluntary Arrangement, or IVA for short, is a debt solution whereby you pay all of your unsecured creditors back in monthly payments usually over a period of 5 or 6 years. Once the agreement…

I Can’t Afford Bankruptcy

‘I can’t afford bankruptcy’ sounds like an oxymoron. You’re already in a poor financial situation. Why should making it worse cost money? The truth is, bankruptcy is often a more favoured option to other alternatives. And for those faced with…

Can I add Debts to my IVA?

There isn’t a simple yes or no answer to this question, unfortunately. An Individual Voluntary Arrangement (IVA) is a legally binding debt solution, and once you’ve agreed to the terms and conditions it can be difficult to add new debts…

How to Stop Debt Collection Letters in the UK

Debt collection letters can be intimidating and you may not know what to do when one drops on your doormat. We’ve talked before about what to do when bailiffs come knocking at your door, but what should you do when…