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
16 Apr 2018
Stress Awareness Month – Time to reach out
Money Management
10 Apr 2018
Our Debt Heroes Top Tips on Budgeting and Saving Money
Sam and Emma, two of our Debt Heroes, speak to people every day who need help and support due to money worries and financial difficulties. We caught up with our Debt Heroes and asked them what top tips they follow…
Living in Debt
9 Apr 2018
Countdown to Payday
If you’re one of the estimated 10.4million* people in the UK that are living on the breadline before payday each month, you’ll know that this can be a more stressful time than any other. You’ll be counting the pennies to…
Debt Facts
3 Apr 2018
The Facts: PPI and Debts
What happens with PPI if I’m repaying my debts?PPI or Payment Protection Insurance mis-selling claims relate to insurance that a creditor may have mis-sold to an individual. If you were incorrectly sold Payment Protection Insurance, you may have the right…
Debt Facts
22 Mar 2018
Can you inherit debt from your parents?
The loss of a parent is an emotional, trying time but the worry of having to deal with their debts can make this period even harder. However, it’s important to note that when a person dies, their debts are paid…
Client Stories
15 Mar 2018
Case Study – Diane
Diane (39) reached out to PayPlan for debt help in 2014. Between herself and her husband they found themselves with £45,000 worth of debt. Diane and her partner were applying for adoption. During the process it was explained to them…
Living in Debt
14 Mar 2018
Protecting your finances if you get made redundant
Debt Facts
12 Mar 2018
Changing energy suppliers when you’re in debt
We all want to pay less for our energy – especially in the winter months – but what if you’re looking to change energy supplier but still owe them money?Whether it’s a new debt from your most recent bill that…
Money Management
8 Mar 2018
A guide to getting rid of your credit card debt
Credit card debt can quickly mount up and if you are finding it tough to repay what you owe, there are ways to tackle your credit card debt and free yourself from increasing interest costs.In some cases, if the debt…
Client Stories
6 Mar 2018
Case Study – Katie
Katie (30) reached out to PayPlan when she was 25 years old, and had £12,000 worth of debt. Katie went to university and when she graduated had a student overdraft of £2,000 as well as a credit card. At the…
Industry News
5 Mar 2018
FCA warns of interest-only mortgages
Around 1 in 5 of all mortgages are interest-only and the industry’s regulator is worried that consumers are at risk of losing their homes. The Financial Conduct Authority (FCA) is urging people to speak to their mortgage providers if they…
Industry News
27 Feb 2018
New credit card rules estimated to save consumers millions
The Financial Conduct Authority (FCA) has published new rules for the credit card market and is estimating consumers will save between £310 million and £1.3 billion a year in lower interest charges. The changes announced today will offer more protection…
Client Stories
26 Feb 2018
Case Study – Richard
Richard (38) reached out to PayPlan in 2008 with £15,000 of debt. The company that Richard was working for at the time were unreliable at paying wages. They would sometimes pay employees less one month and more the month after…
Money Management
23 Feb 2018
Avoid the ‘invisible money’ trap
Client Stories
15 Feb 2018
Case Study – Scott
Scott (32) came to PayPlan 5 years ago with £6,000 worth of debt. The majority of his debts were with credit cards, payday loans and catalogues. At the time, he was also in a relationship with someone who was constantly…
Money Saving Ideas
8 Feb 2018
Six Tips for Saving Money During Half Term
Today our guest blog is from Charli, who writes over at One Wage Family, here she gives us her top tips for saving money with the kids over half term! Another half term is nearly upon us and that means…
Money Management
6 Feb 2018
A guide to paying off your overdraft debt
Many of us dip into our overdraft before payday and sometimes – if the month has been a particularly busy one or if any unexpected payments have surfaced – this means what we do receive from our wages could quickly…
Client Stories
1 Feb 2018
Case Study – Luke
Luke (44) had around £14,500 worth of debt when he first came to PayPlan in 2010. Luke was in full-time employment, but his partner had a long term illness, which required both financial and emotional support. Although after some time…
Money Management
23 Jan 2018
Five easy ways to keep your money in check
It’s a few weeks into 2018, and we all know how hard it can be to keep motivated to meet your New Year goals. Despite the days getting longer, the evenings are still dark, the weather is still damp and…
Money Management
19 Jan 2018
Can and should you pay your mortgage with a credit card?
A common question, when it comes to mortgage debt, is ‘can I pay my mortgage with a credit card?’. If you are considering paying your mortgage with a credit card, this guide breaks down whether you should do this: Can…