We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Greg Pennington

Hi there I am currently in a DMP with Greg pennington, sadly at the time I took the plan out I did not realize debt charities would do the same thing as them for free. They are putting the price of the DMP up from 1st november. I am pretty close to finishing my DMP with around 7 months left and have been given the option to leave my plan but not sure if interest and charges will stay frozen if I leave and go to a debt charity like step change?

Thanks

Shepochu

Comments

  • fatbelly
    fatbelly Posts: 23,132 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    It shouldn't make any difference to the frozen interest. But with 7 months left, how much are you saving?

    Your call, though.
  • I pay 128, aprox 32.50 is charges from greg pennington, this will increase from November to 138 with the new charges being 38.
  • fatbelly
    fatbelly Posts: 23,132 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    So potentially saving 38 x 7 = 266. Worth doing, then.

    Makes you think how much they would make from someone on a ten-year plan !
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.