debt help Archives

Student loans are changing: what this means for you

Industry NewsBy Olivia Dawson April 21, 2026

The UK government has announced that some student loans in England and Wales will have their interest rates capped at 6% beginning from September 2026. At first glance, this may sound like positive news. But what does it actually mean for you and your money? Let’s break it down in a simple, clear way. Interest on your Plan 2 student loans and postgraduate loans will be capped From September 2026, interest on Plan 2 student loans and postgraduate…

Good Debt vs Bad Debt: What You Need To Know

Tips and AdviceBy Juliet Francis October 21, 2024

Debt is a reality for most people, whether it’s a mortgage, a student loan, or credit card balances. But not all debt is created equal. Some forms of debt can be considered “good” because they help improve your financial situation over time, while others are “bad” due to their high interest rates and lack of…

Stress Awareness Day: Ways To Reduce Debt and Worry

Tips and AdviceBy Juliet Francis October 10, 2024

Stress affects millions of people, and when it’s tied to financial issues like debt, it can feel even more overwhelming. That’s why initiatives like Stress Awareness Day, held on Wednesday 6th November this year, are essential for highlighting the impact of stress on our lives and encouraging steps to manage and reduce it. At MoneyPlus,…

Talk Money Week: The Importance of Talking About Debt

Tips and AdviceBy Juliet Francis October 3, 2024

Money can be a difficult topic to discuss, especially when it comes to debt. Many people feel a deep sense of shame, guilt, or embarrassment about their financial struggles, and as a result, they often avoid talking about them altogether. However, avoiding conversations about money, especially debt, can lead to bigger problems down the line.…

What Happens If You Ignore Debt?

Debt HelpBy Juliet Francis September 27, 2024

If you’re struggling with significant amounts of debt, it can be all too tempting to bury your head in the sand and just hope it all goes away. While you probably don’t need us to tell you this, the fact is, doing so will likely only make things worse. Here at MoneyPlus, we understand how…

How To Have Fun for Free: Staying Happy When Dealing With Debt

LifestyleBy Juliet Francis July 26, 2024

At MoneyPlus, we understand just how stressful dealing with debt can be. Whether you have a loved one’s birthday or Christmas coming up and are worrying about finding affordable gifts or are simply struggling to pay your utility bills this month, just trying to live your life while juggling crippling debt can feel all-consuming. However,…

Can You Retire if You Are in Debt?

Debt HelpBy Juliet Francis July 4, 2024

Retirement is often seen as a time to relax and enjoy the benefits of years of hard work. However, for many, the reality is more complicated due to lingering debts. If you’re approaching retirement age and still have outstanding debts, you might be wondering if you can truly afford to retire. This guide will delve…

What Is Debt Collection?

Debt HelpBy Juliet Francis April 24, 2024

Debt collection is the process used by creditors to get money back that hasn’t been paid by individuals or businesses who owe it. It’s important for both the people trying to collect the debt and those who owe the money to understand each step of this process. This helps creditors recover their money and makes…

Can You Inherit Debt from Your Parents?

Debt HelpBy Juliet Francis April 22, 2024

Can You Inherit Debt from Your Parents? Dealing with the death of a parent is tough, especially when complicated finances are involved. Here, MoneyPlus explores whether parental debt can be inherited. When a parent passes away, it can be a really difficult time, both emotionally and financially. Alongside the natural feelings of grief and sadness…

Who Is Responsible for Debt After a Separation

Debt HelpBy Juliet Francis April 16, 2024

Who Is Responsible for Debt After a Separation In this guide we look to explain the legal implications of debt division after a breakup and outline how financial unions can be dissolved in a fair and civil manner. It’s never easy when a relationship comes to an end. Alongside the emotional distress and sense of…

Priority and Non-Priority Debts: A Complete Guide

Tips and AdviceBy Juliet Francis April 11, 2024

Falling into debt can be very overwhelming, especially if you’re faced with a few different types of debt. For this reason, when it comes to getting yourself out of the financial predicament you find yourself in, understanding the distinction between priority and non-priority debts is crucial. In this guide, we explain what priority and non-priority…

What Happens to Debt When You Die

Tips and AdviceBy Juliet Francis April 11, 2024

What Happens to Debt When You Die? Discover what happens to debt after death. From credit cards to joint liabilities, MoneyPlus explores how debts are handled posthumously. It’s common knowledge that debt can act as a huge weight on an individual’s shoulders during their lifetime. However, have you ever stopped to think about the stress…