Payplan Debt News
Get the latest news from Payplan during the current economic uncertainty here.
Please note: the articles supplied below come from Payplan, not the Fund.
Remember, if you have a problem and need to speak to someone in confidence about it, call us first: 0800 056 2424.
Payplan Debt News
Energy Consumer Debt Hits �132
Energy consumers in debt to their suppliers now owe on average �132 - 5% more than last year, according to a study conducted by uSwitch.
Research shows that, of those in debt, 41% now owe more than they did this time last year while 17% said they owed less.
However, the poll for [...]
Debt News
Thu, 11 Mar 2010 11:58:32 +0000
Cheaper Gas and Electricity Bills from Top Providers
This winter Britain has seen the coldest weather for over thirty years and as a result, energy consumption has soared as people struggle to keep warm.
With the recent fall in wholesale gas and electricity and fears raised over the current cost of energy, especially for the most vulnerable [...]
Budgeting
Wed, 10 Mar 2010 15:21:37 +0000
Increase in VAT Rate Leads to Record CPI Growth?
The Office for National Statistics (ONS) yesterday released records of the highest Consumer Price Index (CPI) annual inflation rate for over a year.
The ONS revealed that the UK CPI annual Inflation rate increased to 3.5% in January 2010, a 0.6% rise from 2.9% in December 2009, the [...]
Debt News
Wed, 17 Feb 2010 15:26:55 +0000
Greater Protection Given to Those Who May Lose Their Homes
A recent consultation by The Ministry of Justice is considering setting a minimum amount of debt before a court can order the sale of a debtor’s home.
People who face losing their homes because of debts on credit cards or loans could get greater protection from charging [...]
Debt News
Tue, 09 Feb 2010 10:52:29 +0000
5th February, 2010 - Calls to Payplan's debt helpline indicate that the recession is far from over - following today�s publication of the insolvency figures for quarter four of 2009, Payplan can reveal that calls to its debt helpline totalled over 16,000 in January 2010 alone.
Debt News
Fri, 05 Feb 2010 11:04:09 +0000
House Prices Set to Return 2007 Levels
Recent predictions made by the Centre for Economics and Business Research (CEBR) suggest that the average house price is expected to climb by 6.5% to �178,000 in 2010.
The CEBR also believes that 2012 prices will return to those previously recorded in 2007, with a high of �198,000 expected a [...]
Debt News
Tue, 02 Feb 2010 15:02:10 +0000
GPD Growth Shows End of UK Recession
Figures released by the Office for National Statistics today showed that the economy had grown by 0.1% in the last three months of 2009, marking the end of the UK recession.
Figures show the Gross Domestic Product (GPD) increased 0.1% in the fourth quarter of 2009, compared with a decrease [...]
Debt News
Tue, 26 Jan 2010 12:04:23 +0000
Britons Waste �13bn a Year on Unused Texts and Calls
New research supplied by moneysupermarket.com reveals that the average adult wastes almost half (45%) of their mobile tariff’s minutes and text allowance each month. Staggeringly, many mobile phone users could potentially save �250 a year on their mobile phone bills.
The research for the fourth annual Mobile [...]
Budgeting
Mon, 25 Jan 2010 13:27:17 +0000
1 Million People Pay Mortgage With Credit Card
Research conducted by housing charity Shelter found more than 1 million householders have resorted to credit cards in a bid to pay their mortgage during the last twelve months.
The survey highlighted 6% of those who were liable for paying their rent or mortgage had used credit cards as [...]
Budgeting
Fri, 15 Jan 2010 16:40:08 +0000
House Prices Rise 5.9% in 2009
Figures released this week by Nationwide recorded a rise in house prices from 2.7% in 2008 to 5.9% by the end of 2009.
Housing Transactions Up
As house purchase transactions fell by 65% between January 2007 and November 2008, interest rates hit record lows. As a result, potential buyers with enough cash [...]
Debt News
Fri, 08 Jan 2010 09:01:55 +0000
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