When I started I as told this a a 5 year deal. It's now been 3 years and apperantly I still have 3.5 years to go. I thought that 1.5 years from now it will be over but, now I'm not even halfway. One of my debts were for 5k. I have paid the amount of 3.5k over the last 3 years and still owe 4k? Why did I notice this and not them. I haven't even looked into the other accounts yet! I seriously getting worried as it seems they want to keep me paying my creditors as it will make them more money! I don't feel like doing this anymore. I know I made the mess and when I signed up for this I admitted it and started the program but, am still in a mess. I would have been better off ignoring the letters, going to court and go bank rupt. That would have cost me 6 years of my credit life with nothing to pay every month. This program is costing me 500 a month and 6.5 YEARS so far!

I went to GP 2 years ago, I was a silly spender and got to the point where my minimum payments (never mind outgoings) were more than my income. What made matters worse is I went down to part time shortly after and could not meet my creditors minimum payments. I buried my head for a short time, missing a few payments here and there before signing up to GP. In the short run they were actually helpful, they took the stress of the situation away and allowed me to focus on my work which I later went full time again with. GP froze my interest on most of my accounts and for 2 years this was great, I was paying off debt and the fee they charge was less than the interest I saved. It got to a tipping point where the saved interest was less than the 15% fee they charged. If I had stayed with them I would have become progressively worse off, however I left their services. Luckily after seeing my change of habits over the 2 years my family agreed to pay off my debt which allowed me to leave GP. Despite now being debt free I am suddenly faced with some unforseen consequences of my time with GP. The debt management plan had some of my monthly payments less than the contractual obligations which means I was getting default notices. I never thought much about them until now. I can't get a normal bank account and I've got to wait another 6 years to be truely free, that's how long the defaults take to fall off. GP served its purpose for the short term, but it came at a price. I wouldn't advise staying with them past that tipping point of interest vs GP fee and think at that point resuming the contractual obligations is better. My case can't be too dissimilar to some others so hopefully this advice will help someone.

I have been with GP since feb 2009 i was told my debt would be clear in 37 mths which SHOULD be march 2012. SUPRISE SUPRISE i rang them to query outstanding balances on my statement and they now tell me it was not an exact time for debt to be cleared this is outrageous. They are telling me that my debt won't be cleared until december 2012 thats 10mths more at £260.00 per month so they are trying to get another £2600.00 out of me well it won't be happening i will take them to the trading standards. People go to this company for the simple reason that they have got in a mess financially and sometimes its out of there control but to find that you have put your life in there hands and they are feeding off your misfortune by adding extra time on to your debt is not acceptable. Please Please Please don't use this company if you want to be debt free in a few years because GP will bleed you dry.

I have now finished with them (10yrs) - There are lots of other companies now.
Watch because Gregory Pennington charged me £30.00 each month for a job I could have done.

Most creditors are fine if you speak to them otherwise give the others a ring like Debt free direct.
I had to pay over 10yrs now it's only 5yrs !

All the best.

I have been with Gregory Pennington for 10 years, and I am getting fed-up now (should be paid off in December 2007).

They advised me to change my name, so I would not get hassle, but of course this shows on your credit file and you still get letters.
They also ring you every 6 months to check to see if you can pay more! You have the same information to give them, and they tell the credit firms and you pay the same amount.

Sometimes the payment goes out late, and the credit firms are on your back, but try and keep calm and say you will contact Gregory Pennington (I have had to do a lot of that).

They will call you at work and leave no number (withheld).

But Gregory Pennington helped me out when I was £23,400 in debt. I now only have £2000 left to pay.