- Reliable Debt Management
- Create Wealth
- Retire with Dignity
[Accessed December 12, 2022]
About 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:
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 Sage Services
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.
Debt Sage – Debt review
- Loan Type Debt review
Benefits of Debt Sage
- Lower interest rates & fees
- Protect your assets
- Improved money habits
- Reduced monthly debt repayments
Applying for debt review with Debt Sage
The application itself takes about 10 to 15 minutes to complete.
The first step will be a complete assessment of your current financial situation. This includes your income, monthly living expenses and your current debt. This ensures you’ll receive the best advice you need, so make sure you list everything when applying.
A complete list of what you’ll need to apply
- A list of current income, expenses, and debt
- Your recent payslips
A step-by-step guide to debt review
- You can contact Debt Sage via any of the contact methods listed to start the process.
- An experienced debt counsellor will assess your current financial situation.
- A new instalment on the various accounts you have will be negotiated.
- Your new budget will be worked out.
- You’ll now pay this new instalment every month until your debt is settled in full.
- As soon as your debt is settled, you’ll receive a certificate to state that you have paid off your debt in full.
What are the benefits of debt review with Debt Sage?
- Late payment fees are removed from your debt amount
- No more threatening creditor calls
- Lower interest rates are negotiated on your behalf
- By reassessing your debt, your monthly repayment is smaller
- Your debt is consolidated
- Your budgeting is improved
Other debt services on offer
Owning a company is a great responsibility. Financial stressors for employees are one of the main reasons for the loss of productivity within a company.
To ensure that your employees’ financial well-being stays healthy, you can make use of the Debt Sage Corporate Solutions option.
The benefits to the employee using the program include:
- No more creditors calling the workplace
- Less financial stressors lead to the improved well-being of employees
- Improved money habits
The benefits for employees with this program include:
- Employees are absent less frequently
- Increases employee engagement due to less stress
- It reduces the need for payday advances
Debt Sage in a nutshell
The benefits of applying for debt review from Debt Sage are outstanding. To partner with a company that has set values and honours these values throughout will see you on the road to becoming debt-free in no time.
There’s no need to suffer in silence or fall into the depths of debt any further. Let Debt Sage stay true to its promise by assisting you with its clear and concise debt counselling solutions today.
Customer Reviews & Testimonials
Applying for debt review with Debt Sage was the best decision I’ve ever made. It’s made my stress disappear and I can now get by with my salary. Thank You, Debt Sage.
— Rustenburg —
I was at my witts end because of my increasing debt. A friend suggested that I apply for debt review with Debt Sage. I applied immediately and it was like a weight lifted off of my shoulders.
— Sandton —
I would like to take this opportunity to say thank you to Debt Sage for giving me the lifeline I needed with their debt review option. It has changed my life for the better.
— Soweto —
Debt Sage Contact
- 1st Floor, 292 Surrey Ave, Ferndale Johannesburg Gauteng 2194 South Africa
- Get Directions
- Monday 08:00 – 17:00
- Tuesday 08:00 – 17:00
- Wednesday 08:00 – 17:00
- Thursday 08:00 – 17:00
- Friday 08:00 – 17:00
- Saturday 09:30 – 13:00
- Sunday – Closed