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.
Our blog covers the latest news at PayPlan, tips to help you save money, our latest press releases, expert insight and everything in between.
Christmas is a time when spending can easily get out of control. Even if you haven’t been extravagant, it takes a lot of planning and budgeting to avoid the January Christmas debt hangover. In January last year, around 7.9 million people…
GamCare, the leading national provider of gambling support, has launched a new collaborative initiative to tackle financial harms caused by problem gambling. PayPlan will be working hard to play a key part in this initiative and help those struggling financially.This…
Christmas can be one of the most expensive times of the year for families in the United Kingdom. A new study conducted by PayPlan has found that many parents will even need to rely on the support of relatives, finance…
What is Talk Money Week?Personal finance is often seen as a taboo subject but Talk Money Week is here to help break the stigma. Running from 18-22 November 2019, this year the campaign will be focused on pensions.Organised as part…
Your credit score is very important; it’s essentially the first thing that any potential lenders are going to look at when deciding whether or not you’re a reliable person to lend money to. If you’ve got a good score, you’ll…
The PayPlan team recently celebrated after being named the 2019 Debt Advice Provider of the Year at Credit Strategy’s industry leading Collections & Customer Service (CCS) Awards.Now in its thirteenth year, the CCS Awards champions outstanding achievements of organisations, teams…
Being made redundant can be a stressful experience, and if you’ve got bills to pay and a family to look after it can be particularly distressing. Whilst there are many reasons for being made redundant, unfortunately it might be the…
It’s easy to feel overwhelmed by the amount of technical terms in the money world, ‘APR’ and ‘AER’ for example. The two get tossed around a lot together, so it’s important to know which is which. What is APR? APR…
If you’re unable to fund buying a car outright, you may instead look to financing one instead. There are many different types of car finance, so it’s important to consider all your options before getting into an agreement you may…
It’s likely not going to be the first thing on your mind post-separation, but sorting out your financial situation quickly is essential after a breakup. If your separation didn’t happen under the best terms, acting quickly will give you the…
Whenever you apply for a loan or finance, you’ll come across the term APR, which stands for Annual Percentage Rate. If you borrow any money, the APR is simply the amount of interest that’ll be added to the total amount…
What is redundancy? Redundancy is defined as an employer terminating a job role. This is usually done either because the job is no longer needed, or the employer needs to trim down the workforce. Being made redundant is often overwhelming.…
World Mental Health Day takes place on 10th October 2019. Results from a recent PayPlan survey, along with advice from the Samaritans, highlight the importance of seeking money advice sooner to try and support mental health problems. What is World Mental…
Challenger banks are typically small banks aiming to challenge the longer-established bigger banks, such as the ‘big four’ (Barclays, HSBC, Lloyds Banking Group, and The Royal Bank of Scotland Group). Examples of challenger banks include Monzo, Starling and Tandem, but…
Waving goodbye to one of your comrades as they take the well-trodden walk into matrimony can be a difficult experience, with the prospect of frequent 4am finishes and afternoons organised around Soccer Saturday firmly becoming a thing of the past.…
What is Pension Awareness Day? Pension Awareness Day is an event that aims to promote the importance of saving for the future. Launched in 2014 by Pension Geeks, the initiative offers online and face-to-face advice for people to find out…
In recognition of World Suicide Prevention Day, we’re speaking to PayPlan Team Leader and ‘Shout’ volunteer Laura Evans. We sat down with Laura to find out more about how Shout offers support to people in crisis. Hi Laura, what can…