If you are struggling or overwhelmed by debt and need help debt counselling may be exactly what you need. Debt Sage is one of the fastest growing and successful debt management companies in South Africa and is helping many consumers from Soweto. If you live in Soweto, you can come through to our offices or we can deal with you via the telephone.
Debt Sage is working with creditors to help individuals get out of debt without taking an additional loan. We use the income that you earn to pay off debt. Money is not loaned, but a manageable repayment plan is achieved through loan modification which includes lowering the interest rate or extending the term of the loan among alternative techniques. Debt Sage is here to help and provide you the best solution for you and your situation.
It is important to note that in terms of section 88(1) of the National Credit Act No. 34 of 2005, you MUST NOT incur any further charges under a credit facility or enter any further credit agreements whilst under debt review. Should you do so, this will result in you being rejected from the debt review and legal proceedings from your credit providers will begin, which is very expensive.
Debt Sage debt counsellors will help you evaluate:
- Your current financial situation;
- Provide you with a detailed review of your income and expenses;
- Develop a workable budget that you can live with
Visiting Debt Sage
Before you visiting Debt Sage debt counsellors you will need to gather together the following documents:
- Copy of your identity document/passport
- A copy of your most recent salary/wage slip
- Your most recent creditor statements and credit cards
- Your last three months’ bank statements
Debt Sage will expect you to work honestly and openly with the debt counsellor. Declare all your debt commitments and income. Sticking to the agreed instalments and to pay these at the agreed dates is critical. If there is any change in your circumstance you must communicate with the Debt Sage.
Debt Sage will solve your debt problem and halt collection activity from credit providers and lawyers demanding payment and help you eliminate debt and take control of your finances and your future.