2026 - MoneyPlus Advice

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…

UK household debt levels hit £67,350 in 2026

Industry NewsBy Olivia Dawson April 21, 2026

Recent data from The Money Charity shows that the average total household debt levels in the UK reached £67,350 in January 2026 and the average debt level per individual is £34,774. These figures reflect a very real trend: debt levels are continuing to rise across the UK, and more people are feeling the pressure in…

What happens when debt isn’t paid off?

Tips and AdviceBy Olivia Dawson February 10, 2026

What happens when debt isn’t paid off? Debt doesn’t usually spiral overnight. It often starts with a missed payment, a letter left unopened, or a period where money is simply stretched too thin. Many people who fall behind on payments didn’t expect to be in debt in the first place. If you’re unsure how your situation started, our guide on the common…

10 common reasons people get into debt in the UK

Tips and AdviceBy Olivia Dawson February 10, 2026

10 common reasons why people get into debt in the UK People get into debt in the UK for many reasons – often due to changes in income, rising living costs, health issues, or unexpected life events. Understanding the most common reasons people get into debt can help you recognise your own situation and take…