Gregory Pennington IVA / Debt management Review

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argent99's Review of Gregory Pennington IVA / Debt management

31st Mar 2008

Overall Rating

0 stars
  • Value for money
    0 stars
  • Quality Of Service
    0 stars
Good Points

Don't know yet as I just signed with then


General Comments

Hi everyone, hope you will be able to tell if I made the right choice. My debts are in total for 6.000 pounds. I rang Gregory Pennington last week and their persuade to sign up with them and i will be able to paid off Credit card and Loan in 2 years time with a payment of 267.00 pr month + 15% interest. I don't have any bad credits record but understand that will affect it for future. They also recommend me Think banking account which is i am not to keen on it for them to control my budget and you can see them face to face either calling a 0845number all the time. If any of you had use them please help me to make a right decision has i can withdraw my application.

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Members' Comments onargent99's Review

  • topu Rank: Lance Corporal on 30th Apr 2008

    argent99 - cancel gregory pennington (read my review on them), i nearly went with them, and with bains & ernst, but chose to go with forget debt and I would recommend forget debt to you definately. That bank account gregory pennington offered you ( £10per month is it?), well you can get one free at no cost whatsoever, I got one through the co-op bank. Free advice agencies are great such as the CCCS or the CAB or National Debtline even, but because they are free getting an appointment or the issue dealt with takes time which is not to good for the stress levels. Forget Debt will sort out your debt problems quicker and cheaper than Gregory Pennington. They are not a debt management company, you just pay them one fee and they deal with it. email them you got nothing to lose, (help@forgetdebt.org) good luck.

  • davidpaul1987 on 4th Oct 2008

    I totally agree with the last comment. The debt man scheme is a good way to get out of debt and get back in track, but a basic bank account can be got for free from any bank, where your still in control.
    I'm with debtsure, would recommed them to anyone, easy service, low fees, but im still in control.