Welcome to South African Debt Assist 24/7 (SADA247)
Welcome to South African Debt Assist 24/7 (SADA247), your trusted partner in navigating the complexities of debt management. Our mission is to provide you with the tools, knowledge, and support you need to regain control of your financial future. We understand that debt can be overwhelming, but you don't have to face it alone. Let us help you take the first step towards financial freedom..
How Debt Counselling Works
Free Initial Assessment
Get in touch with us to arrange your free initial assessment. In this session, we’ll evaluate your financial situation, considering your income, expenses, and debts.
Creating a Repayment Plan
Following your assessment, our skilled counsellors will collaborate with you to develop a practical and affordable repayment plan tailored to your budget and financial objectives.
Negotiating with Creditors
We’ll handle negotiations with your creditors to lower your monthly payments and interest rates, helping you manage your debt more effectively.
Ongoing Support and Guidance
We offer continuous support and guidance throughout your debt management journey, ensuring you remain on track to achieve your financial goals.
Our Services
At South African Debt Assist 24/7 (SADA247), we offer a comprehensive range of services designed to help you manage and overcome debt effectively. Our expert team is here to guide you through each step of the process, providing personalised solutions tailored to your unique financial situation
Getting Started with the Debt Counselling Process
Understanding the debt counselling process is essential for those looking to manage their financial obligations better. At South African Debt Assist 24/7 (SADA247), we ensure the process is straightforward and supportive, helping you navigate through your debt relief journey with ease. Here’s a detailed look at what to expect from both the consumer and debt counsellor perspectives.
What to Expect During a Debt Counselling Session
Our debt review consultation is designed to be convenient and efficient. Here’s a step-by-step guide to what you can expect:
Quick Initial Consultation Call :
Preparation: Have your household budget and identity documents ready.
Format: The consultation can take place over the phone, via email, or through face-to-face sessions.
Discussion:
Basic Information: Share your financial details with your accredited debt counsellor.
Financial Review: Together, you will review your financial situation to create a new repayment plan that will be sent to your creditors.
Actionable Plan: Conclude the session with a concrete plan to manage your debt and a more manageable monthly repayment schedule.
How We Can Help
During the debt counselling process at SADA247 we assist with the following:
Removal of Late Payment Fees: Eliminate unnecessary penalties.
Stop Collection Calls: End the harassment from debt collectors.
Lower Interest Rates: Benefit from reduced interest rates, regardless of your credit score.
Debt Consolidation: Combine all your debts into a single, smaller monthly payment.
Faster Debt Repayment: Pay off your debt more quickly.
Improved Money Habits: Learn better financial practices to stay debt-free.
Get Started in 3 easy Steps:
Share Basic Information: Allow your debt counsellor to understand your financial background.
Review Financial Situation: Collaborate on a new repayment plan and send it to creditors.
Actionable Debt Plan: Leave the session with a clear, actionable plan to manage your debt.
Questions Your Debt Counsellor Might Ask
To tailor the debt counselling process to your needs, your debt counsellor will ask questions such as:
What is your household income?
What are your monthly expenses?
Do you have a budget?
What outstanding debts do you have?
After covering these aspects, your counsellor will review your credit report and discuss available options based on your income, expenses, and debt amount. They will determine a single monthly payment that covers all your debts, factoring in your household budget.
Documents to have during the session
For a smooth debt counselling session, have the following Documentation:
Current Expenses List: Include housing, food, utilities, phone bills, loans, credit cards, and any other regular payments.
Recent Payslips: For you and/or your spouse to provide information about household income.
Recent Statements: For accounts with credit providers, detailing minimum payments and due dates. If you don't have these, we will obtain them during the process.
How Your Debt Counsellor Assists You
Your debt counsellor at SADA247 will:
Provide ongoing budgeting tips and advice.
Create a new debt repayment plan.
Advise on attorneys and Payment Distribution Agents (PDA).
Negotiate with credit providers.
Load your repayment plan onto the PDA system.
Help draft court papers.
Monitor and adjust your plan according to court orders.
Send copies of court orders to credit providers.
Ask credit providers to adjust and correct balances.
Offer ongoing advice on budgeting and financial emergencies.
Periodically review your budget and plan to expedite debt repayment.
Check balances and ensure accounts are paid up.
Issue a clearance certificate once all debts are paid.
Our Commitment to You
At SADA247, our debt counsellors are registered and certified by the National Credit Regulator (NCR). You can trust that our debt counselling process is professional and of the highest quality, designed to help you achieve financial freedom and peace of mind.
Ready to take the first step towards financial freedom? Contact South African Debt Assist today to schedule your free initial consultation. Let us help you regain control of your finances and achieve a brighter financial future.