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Greg Pennington

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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: 22,931 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: 22,931 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 !
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