Debt Sage

The success story started in 2009 with the formation of Jumpstart Debt Management trading as Debt Sage.

From humble beginnings with only 18 months of work experience, the journey towards success and expansion began.

Now, a decade later, they provide debt review and many other financial management services across South Africa. They’ve made it their mission to change the lives of indebted people to ultimately enable them to live debt-free.

A company driven by strong values

Debt Sage is a company that’s dedicated to staying true to its founding principles. They strive to uphold the trusting relationships that were formed over the years to give every customer the best service possible.

To assist people toward a better financial future has been their mission right from the start. Providing debt review in a uniquely transparent and supportive way has contributed to the success that Debt Sage has become.

Debt Sage’s principles are:

• Honesty
• Objectivity
• Competence
• Transparency
• Respect

Helping South Africans become debt-free

Whether you live in the city or a remote village, Debt Sage has made it possible for you to get help when you need it. Their commitment to ensuring your reach your financial goals shows in every aspect of their business.

You’re able to apply for debt review by phoning them, starting a Whatsapp conversation, or sending them an email.

The meaning behind the company name

Naming and branding a company is an important first step. The name that’s chosen will imprint on people and ultimately summarise what the company stands for.

The word Sage refers to a person with wisdom and intelligence. The branding logo resembles a rescuing kite.

With this choice, Debt Sage aims to give people the feeling of sound, responsible, and concise financial advice with the end goal of being debt-free.

Debt review is a process that was brought about by the National Credit Act for South Africans who find themselves over-indebted.

By applying for debt review you can enjoy asset protection from creditors who have not yet taken legal action against you.

The fees associated with debt review are determined and regulated by the National Credit Act. This ensures that all service providers, Debt Sage included, cannot charge more than allowed by law. Debt Sage has options that are uniquely tailored to your needs.

They can assist you with:

• Debt counselling
• A debt health check
• Solutions for your employees
• Debt consolidation
• Debt management
• Restructuring of debt
• Debt administration

Some of the above offerings overlap and may be addressed by applying for debt review.

What is debt review?

It comes down to the process of negotiating your debt with creditors to obtain a lower monthly payment. The objective is to make life more manageable. This also protects you against legal action.

Your debt will be assessed and after taking into consideration your living costs, a new budget will be presented to you. Once you accept the budget, you’ll begin the process of debt review.

What is Debt Sage’s role?

Having established trusting relationships with many creditors across the country, this next step is a breeze. They’ll negotiate your new budget with your creditors. A new instalment and repayment term will be agreed to.

They’re able to assess your situation and advise you on the best, most responsible way forward.

When is the best time to seek help?

Sometimes financial difficulties can quickly accumulate and spin out of control. Applying for debt review before things get out of hand is the best option.

If you find yourself behind on your financial responsibilities for two consecutive months and you don’t have any way of improving it, then it’s a good time to seek help.