Gregory pennington current account for bad credit

stiffnuts69

pymy wrote: »

Hi
I am a customer of GP and I think they are fantastic. I haven't tried their bank account but I have several debts that they have taken control of and the relief that I had was brilliant. I do pay £25 per month but if you are struggling with the amount you have to pay they will reduce it and talk to your creditors so you don't have too. I have found all the staff fantastic and have a personal finance advisor who is absolutely fantastic as well. It has been a load of my mind and they want to get you debt free as soon as possible which is great. I also have life insurance with them and this is good too. I pay a small fee for myself and my partner for a good life cover and I have tried others and their figures cannot be beaten. So anyone thinking of GP as an option I thouroughly recommend them.

YOU SADO LOSER

Sam_H_5

just read this and thought i'd stick my nose in.

debt managment companies are rubbish! they manage to keep you in debt and thats about it. i was previously paying around £500 per month on debts which they reduced to £200, Fantastic I thought, not so.

the £200 i was paying was split between my debtors and was paying a small amount, what they didnt tell me was the amount i was paying wasnt even covering the interest on the accounts! once i learned of this i took over the payments and had to increase them to make headway.

in summery:

debts before debt management: £11000
Debt after a year of paying £13000

well done debt management