Debt Sage is working with creditors so as to help individuals get out of debt without taking on further debt. We negotiate on your behalf to have your current debt restructured with existing creditors. 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 other alternative techniques.
At Debt Sage, our NCR registered and qualified Debt Counselors can assist you with the debt review program which is specially designed to help people who are struggling to service their monthly debt. You may apply for debt counselling if after deducting your living expenses from your net salary you have less cash left over than the installments on your debt.
Many people end up having their homes and their vehicles repossessed because at the first sign of trouble they are either too ashamed to act or they go into denial about the seriousness of the problem. The longer you wait to act, the fewer options you will have.
The debt review process came into effect on the 1st of June 2007, following the enactment into law of the National Credit Act no. 34 of 2005. This Act provides for consumers to go through debt counselling before filing for other debt relief measures such as debt administration and insolvency which have a devastating effect in terms of crippling future borrowing capacity and also carry large financial and legal costs. In this regard, debt counselling is your right to a financial fresh start.
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.
We encourage you to start the process online by completing your personal and financial information. That way we can access your information and call you back for free. Alternatively, you can call us on 021 909 6207 to speak to a Debt Counselor or send us an email to to try our debt plan