Early action important when dealing with unmanageable debts, says Gregory Pennington

Borrowers struggling with unmanageable debts should take action sooner rather than later, to stop the problem getting worse - and to find the most suitable answer to the problem. That's the message from Gregory Pennington, one of the largest and longest-standing debt management companies in the UK.It's often possible to avoid becoming insolvent if borrowers tackle debt problems as soon as they start, the company adds.

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