Debt Management
We provide confidential debt advice and could help you to:
- A debt repayment plan tailored to suit you
- Potentially freeze interest and charges
- Deal with your creditors for you
- Get confidential help & debt advice
"Combine your debts into one monthly payment with our Debt Management Programme."
At Gregory Pennington, we understand debt. We know how easy it is to slide into unmanageable debt, but most importantly, we know how to get you out of debt.
We understand the importance of one-to-one debt help and debt advice. Every one of our clients gets their own Personal Finance Manager - their single point of contact, who helps them to get the most from their debt management plan.
Key facts about our service and fees:
Our expert advisers may recommend that you enter a debt solution once you've discussed your circumstances with them. If you decide to enter a solution, there will be fees involved - at Gregory Pennington, we are committed to providing the very best customer service at competitive rates. Click here for more on our fees.
What if I change my mind?
Remember, you are not obliged to enter a solution. If you do, and you change your mind, you have a right to cancel your agreement with us at any time during the first 14 days of its term.
How will it affect my credit rating?
Whilst on a Debt Management Plan, your credit rating will be affected for a short period of time. It may also be affected in the medium to long term.
Further useful information
Download the Insolvency Service document
'In debt? Dealing with your creditors'. Click here.
Our debt management, debt help & debt advice services include:
Debt management
Turn your debts into one monthly payment.We'll talk to your creditors on your behalf.
Individual Voluntary Arrangements (IVAs)
Stick to the repayment plan and you'll be free from your unsecured debts included in your IVA after 5 years.
Debt consolidation
Reduce your monthly payments, simplify your finances and potentially benefit from a lower interest rate.
About debt management
The Debt Management Programme could be an ideal way to turn your loans, credit cards, store cards and overdrafts into one single monthly payment so that you can pay off your debts and get on with your life.
Turning your debts into one single monthly payment makes your finances much easier to manage. We will also speak to your creditors in order to negotiate reduced payments and request that the interest and charges are stopped or reduced. Whilst we can't guarantee they'll agree to it, this would mean your monthly payments go towards clearing your actual debt rather than covering only the interest and charges.
One of the UK's first debt management companies
Over 40,000 people already have a monthly payment solution with our Debt Management Programme and our Debt Help & Debt Advice stems from over 15 years in the debt management industry.
Tell us about your financial situation. We'll review your debts, discuss your options and help you to decide if Debt Management is the best solution for you.
A professional, personal touch to managing your debts
Imagine having your own expert on call who will take care of all your financial commitments, deal with your creditors, provide expert debt advice and make sure that your programme is always right for you. With a Gregory Pennington Debt Management Programme, we believe you'd rather deal with a person instead of a faceless organisation, so all our Debt Management clients get their own named Personal Finance Manager (and their direct dial number) who is there to personally look after your programme.
Call: 0800 161 3516
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Registered in England and Wales
- We provide expert, confidential help and advice
- Since forming in 1993, we've helped 1000s of people get out of debt
- You could have one single, tailored monthly payment
- We could help you regain control of your finances