What We Do
• Debt Free in 5 years or less
• Freeze interest and fees
• Stop debt collectors calling
• Combine debts into one easy to manage payment
• Avoid Bankruptcy
• Flexible repayments
Eligibility Criteria Applies:
• Currently employed and insolvent (struggling with payments)
• Individually owe R1500 or more unsecured debt (credit cards, personal loans, disconnected services etc.)
• No bankruptcies in 10 years
• More than one lender
If this sounds like you, for an obligation free consultation with a SABSA PROMED (PTY) LTD today.
THE PROCESS WE FOLLOW:
Step 1: Free Phone Consultation, Debt Analysis & Savings Estimate.SABSA PROMED (PTY) LTD process begins with a phone call. You will speak to someone from our Sales Department. We have experienced Debt Experts ready to run through your finances. They all come from a banking/insurance/finance background and have gone through extensive training. Our employees are passionate about helping South Africans get out of debt. SABSA PROMED (PTY) LTD will run through your income and expenses, then compare your situation against data we’ve collected over to ensure the options presented to you are affordable and sustainable.
Step 2: Discovery Process and Document Production
We go through a “discovery process”. This is to ensure we get to the bottom of your financial difficulties and solve them permanently. The process includes collecting proofs of debt, getting a credit history, valuing any assets, contacting all your creditors, reviewing your income documents and whatever investigations are necessary to ensure that the agreement is affordable and sustainable. Using all the information identified in the discovery process we prepare all the legal documents necessary. At this point, we will contact you in order to run through everything a final time before sending the documents to you.
Step 3: Creditors Notified and New Arrangement in place
Once completed, your documentation will be submitted to your creditors. Depending on which debt solution / agreement was selected, for others, there will be a 7 week waiting period by your creditors. Most agreements are approved, and close to 100% are approved following a second submission. At this point, your loan agreements and credit contracts are modified. All legal action stops. All interest fees and charges on your debts stop. Creditors are prohibited by law from contacting you. With your debts now under control, you can get back to “living your life like its golden”
Debt Mediators tailor plans to reduce payments, stop interest and settle outstanding balances in a way that is affordable to you and leaves you with enough money to comfortably. Our Legal team and Management have Experience in debt solutions for over 10 years. In this time we’ve developed deep understanding in helping people get out of debt.
During your free Debt Analysis & Savings Estimate, you can expect us to:
1. Take the time to understand your situation without judgement.
2. Design a plan to put you back in control of your finances
3. Provide an estimate on how much we’ll save you
4. Let you know how fast you can be debt free
5. Keep our conversation private and your details confidential