Behind the MoneyPlus People: A thank you card for Paula Welcome to our new blog series – Behind the MoneyPlus People. This series will be a place for us to share the incredible work our MoneyPlus people do every day, and to celebrate how these wins are positively impacting our customers. Last week, one of…
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 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,…
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.…
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…
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,…
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…
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? You don’t normally inherit a parent’s debt when they die. Debts in their name alone are usually paid from the money and property they leave behind, called their estate. If the estate can’t pay everything, you don’t have to cover their sole debts from your own money. You…
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…
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? 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…