Founded in 1992, at PayPlan we focus on offering trusted and ethical free debt advice. With over 85,000 clients in long-term managed plans, and 10,000 new clients looking for support each month, we’ve helped to repay £1.5 billion of debt.
We are committed to helping people get out of debt and our service is free of charge. We offer trusted, expert help and advice to anyone struggling with multiple debts, and are proud to have helped over 1 million people regain control of their financial situation.
The debt solutions we advise on include:
We’re able to offer completely free debt advice and, unlike most other companies, they don’t charge Debt Management Plan clients any fees – so 100% of their regular payments go towards repaying their debts.
Instead, we are funded by donations from the credit industry in recognition of the support we provide to people throughout the UK who are struggling with debt.
All IVAs, (regardless of which company manages it) incur costs due to the legal expertise and work that has to go into setting them up. These fees are included within the monthly payment and they’re split over the duration of the arrangement.
At PayPlan we work with a diverse range of clients, from those who have experienced an unexpected change in circumstances, to clients with complex vulnerabilities and challenges. Nearly all of them come to us via recommendations – from people who’ve heard or experienced that we’re different to many other debt companies.