Simon King was not aware of the extent of the financial crisis at Plymouth when he agreed to join on loan from Gillingham.
King has spent five days at Home Park, where players and staff are still owed unpaid wages.
"A couple of contracted players haven't been paid for months on end, and I didn't realise it was that bad," he told the Western Morning News.
"I do feel for them because it can't be nice being in that situation. Plus all the staff haven't been getting paid."
However, he hopes to help lift spirits in Plymouth.
"I know it's tough times but sometimes that does bring you closer as a unit," he added. "I've been impressed with what I have seen so far. Hopefully, we can turn things around and get some results."