Advantages There are no advantages, this company is a joke
Disadvantages They are just interested in your money nothing else!!
The worst mistake i have ever made. GP set up debt management for clients who are clearly eligible for an IVA, they then wait to collect two months worth of fees before suggesting the client should do this and then it could take up to 2 months for the IVA to get agreed therefore accruing another two months of fees from the client. The Advisors you speak to initially says they are there to help you and set up a payment suitable to you but they set up payments way out of some clients budgets as the higher the monthly payment the higher the commission they get!!! Which is not ethically correct ...
32 of 39 Ciao users found the following review helpful
Quick review of Gregory Pennington
They have helped me sooooo much! don't have the time to be going back and furth with my creditors and dealing with the threaqtening letters. Gregory Pennington stopped all that and I am really grateful. I recently ran into some money problems and they have have cut my monthly payment down to a minimum and arenbt charging me a fee and wont make me pay the fees I have missed for the time I am paying minimum.