http://www.debtsage.co.za – At Debt Sage, our NCR registered and qualified Debt Counselors can assist you with the debt counseling program which is specially designed to help people who are struggling to service their monthly debt. You may apply for debt counseling 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 counseling 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 counseling 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 respect, debt counseling is your right to a financial fresh start.
Debt Sage is working with creditors so as to help individuals get out of debt without taking an additional loan. 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.
When you contact Debt Sage, professionally trained and certified debt counselors 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; and
• Through our debt counseling program you will be able to pay off your debt within 5 years.
At the end of the counseling session you will feel good knowing that there are options available and that you are not alone. Debt Sage is here to help and provide you the best solution for you and your situation.
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. To discuss your particular needs, our debt counselors are available Monday –Friday 8:00 am to 5:30 pm and Saturday 8:00 am to 1:00 pm.
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