Gregory Pennington - Excellent Debt Management Company!

“Gregory Pennington - Excellent Debt Management Company!”

Written on: 25/07/2012 by Richard-Leeds (3 reviews written)

Hi Everyone,

Firstly Can I Say To All The Bad Reviews, You're All Delusional!

Okay, An Account That Costs £14.50 A Month Is A Great Idea. NO Overdrawn Fees, NO Charges & Certainly NO OVERDRAFT To Get You Into More Debt, Because Let's Face It... If You Had That Extra Money There, You Would Use It! Thus Making It Impossible To Pay Off Your Debts. It's An Account Management Fee So That Your Bills Are Paid Every Month On Time & You Don't Get Into Debt AGAIN For Not Paying Them!... Surely This Is A Common Sense Approach?

Okay Rant Over.

Gregory Pennington Are Fantastic, I Had Roughly £4,500 Worth Of Debts Last July (2011) & I'm Now Down To My Last 4 Payments. NO, They Didn't Bully Me Into Paying £309 A Month, I Opted For This As I Wanted To Be Out Of Debt Quicker.

I've Rang Them Up Three Times To Make A Different Payment Amount. Going Lower Twice As My First Few Payments Were £385 A Month. They Did This With No Problem As My Wage Had Decreased Slightly So They Knew I Couldn't Live With £100 Shorter Wage & Still Pay £385. So I Took It Down To £300 & Then £275, Then The Third Time I Rang Up To Make It £309 To Pay Off One Of My Shorter Creditors More Quickly. Again No Problems Doing This.

The Free Service I Went To Before GP, Wouldn't Allow Me To Decrease Payments If I Fell Short On My Wage One Month (This Wouldn't Help Me Whatsoever) Would I Prefer To Pay £42 A Month For This Service?... YES I Would. Because Unlike The Bad Reviewers, It Isn't About What I Want To Afford And Have Luxury's Right Now, It's About What I Want To Be Able To Afford In My Future & My Child's Future.

My Credit Rating Is On The Up Too! It Was VERY Poor Before I Started Payments With GP. So Poor In Fact That My 3-Digit Credit Score Was Only 092... It's Now 532 (The Higher The Number, The Better) Although This Score Is Still Low As The Highest Is 999 (For Bankers And Stuck Up's) It's Made Me Able To Get Me A Contract Phone For The First Time In 6 Years. This In No Way Will Make Me Get Into Debt Again As This Is Separated In My Account As One Of My Bills So 'ThinkBanking' Budget This For Me And I Can't Touch It Or Amend It Without Their Consent.

Overall I Would Recommend Gregory Pennington To Anyone Wanting To Consolidate All Your Debts.

One Final Thing. They Froze All Charges & Interest So It's Being Paid Off Quicker Than If I Had Gone With A Free Service As They *DON'T* Always Get The Charges & Interest Frozen.

Thanks For Reading My Review & I Hope This Helps You Make A Decision,

Richard