Take Control of Your Debt Today

Becoming debt-free could be easier than you think. Our affordable repayment plans get you out of debt and save you money. Our honest approach and transparent advice has helped thousands of people make better financial decisions.

Fill in the form below to get a free assessment.

What does Vantage do?

Vantage Debt Management empowers South Africans to imagine and achieve a better tomorrow by providing effective debt solutions to those who are experiencing debt problems.

We believe that it is our responsibility to help our clients understand their financial situation so they can make informed decisions. Vantage has assisted thousands of consumers to affordably manage their debt and achieve financial freedom.

(Vantage Debt Management is registered with the National Credit Regulator – NCRDC2955.)

Learn More

Our Process

We have designed a simple and effective way to help you understand your financial situation and take control of your debt. Our approach empowers you to make informed decisions based on the facts.

Free Debt Assessment

We want to get to know you and understand your challenges and goals. We then walk you through your credit profile and gather all the necessary information.

Detailed Analysis & Recommendations

You receive a complete overview of your financial situation along with our advice and recommended debt solutions.

New Debt Repayment Plan

We formally negotiate with your credit providers to reduce your monthly Installments and interest rates. You will now make one simple, affordable payment each month which gets distributed to all your creditors.

Personalised Ongoing Support

Your dedicated account manager will be available for you whenever you need them. Our customer focused approach will ensure that all your queries are handled quickly and professionally.

Become Debt Free!

Once all of your debt has been paid off, we will issue you with a clearance certificate. Debt will be a thing of the past and you can focus on achieving your goals, such as building wealth or buying your dream house and car.

Are you ready to start your journey to debt freedom?

Take assessment
Free Debt Assessment

We want to get to know you and understand your challenges and goals. We then walk you through your credit profile and gather all the necessary information.

Detailed Analysis & Recommendations

You receive a complete overview of your financial situation along with our advice and recommended debt solutions.

New Debt Repayment Plan

We formally negotiate with your credit providers to reduce your monthly Installments and interest rates. You will now make one simple, affordable payment each month which gets distributed to all your creditors.

Personalised Ongoing Support

Your dedicated account manager will be available for you whenever you need them. Our customer focused approach will ensure that all your queries are handled quickly and professionally.

Become Debt Free!

Once all of your debt has been paid off, we will issue you with a clearance certificate. Debt will be a thing of the past and you can focus on achieving your goals, such as building wealth or buying your dream house and car.

Are you ready to start your journey to debt freedom?

Take assessment

Why Vantage

Registered
with NCR

Vantage Debt Management is registered with the National Credit Regulator (NCRDC 2955) and complies with all regulatory guidelines as per the National Credit Act.

FREE Valuable Insight
and Advice

We offer financial assessments and expert advice to manage your debt. You will get a credit report, financial health report and professional advice, all completely free.

Affordable and Flexible
Repayment Plans

With our vast experience, industry knowledge and the latest technology we can accurately find the most affordable solution for you. The time it will take to repay your debt is flexible and in your control.

Your Own Specialized
Account Manager

To ensure you are always comfortable, you will have a dedicated person to speak to regarding any queries you may have. Our friendly and experienced staff are here to listen and help you whenever you need them.

Ethical and
Transparent

We pride ourselves in being open and honest in everything we do. Transparency, honesty & respect is in our DNA.

Frequently asked questions

What is debt consolidation?

This is a process that combines all your monthly debt repayments into one payment. The main aim is to reduce the installments to provide financial relief to the consumer. Debt consolidation itself is not a specific product, but a term used to represent all processes that aim to achieve this goal.

In South Africa, there are two types of debt consolidation: Debt counselling/review and a consolidation loan. Each of these solutions has unique qualifying criteria and benefits. Vantage specializes in helping consumers determine which option would work best.

How does debt counselling/review work?

Debt counselling was created to get over-indebted consumers out of debt. An NCR registered debt counsellor will assess your entire financial situation and work out if they can assist you with a new, affordable repayment plan. They will then formally negotiate with all your credit providers to reduce monthly installments and interest rates.

A consent order is granted to formalise the new repayment plan. Payments are made through an NCR registered payment distribution agency that distributes the funds to each credit provider monthly. Once all the debt has been paid you will be issued a clearance certificate. Your credit record will be restored, and adverse information will be cleared.

What happens when you don’t pay your debt?

When you don’t pay or short pay your debt, your accounts go into arrears and this is reflected on your credit report. You will be contacted by your creditors with calls, SMSs and emails. If you are not able to make up for the missed payment(s), your account balances increase due to interest & fees and your credit score will decrease. Next, your credit providers will start to handover your account(s) to debt collectors and lawyers. Your ability to access further credit will reduce rapidly.

Eventually your credit providers can take legal action against you in the form of a garnishee order on your payslip or obtaining a judgement. Judgements can reflect on your credit report for 5 years or more. Legal action can eliminate your chances of getting further debt from any credit providers. This is often what is referred to informally as being “Blacklisted”. If you are struggling to keep up to date with all your debt repayments, complete our call back form.

How does a consolidation loan work?

A consolidation loan is essentially a large personal loan used to pay off smaller loans. This loan is typically given at a high interest rate which often makes it an expensive option to take. Credit providers will generally check to see if you have the following: High credit score, no arrears on your accounts and sufficient debt affordability*.

*Affordability is how much money you have left after paying for all household expenses & debts.
Consolidation loans can help you to reduce monthly debt repayments if you have short-term debt with high interest rates. If you have a home loan, vehicle finance or long-term debt, this solution may not be the best for you. If you are over-indebted, you are unlikely to qualify for a consolidation loan.

Testimonials

Avatar

“I would like to say I have had a really good experience with Vantage Debt Management, I had heard great stories about them on their fb account, Vantage was my last hope. I never felt in the dark, my life was finally on track and because of Vantage and my consultant, my sleepless nights ended.

I am now financially free and I have just received my clearance certificate. Thank you to my consultant for being the angel that you are, no words can describe how thankful I am having been assigned to you. You have changed my life and have given me hope which was lost.”

Khethi M / 30 / Pietermaritzburg
Avatar

“I must say that I’m very much happy with the progress and everything with you guys. I just want to take this time to thank you for your assistance on this journey and I’m looking forward to working with my new acc holder. I will definitely let others know about Vantage!”

Leon M / 45/ Pretoria
Avatar

“Allow me to express my appreciation to your efforts and hard work in ensuring us to reach this stage,I am being introduced to my Client Success Manager later today and I hope we are going to work together as peaceful as you have started. I am looking forward to enjoy the comfort of the Vantage family for the next few years to come. You built a solid foundation for us – thanks once more”

Ishmael B / 22 / Johannesburg
Avatar

“They’re absolutely professional, especially when it comes to dealing with helping you financially, no matter how serious your situation, they really are amazing! My consultant in particular is just spectacular!!”

Jay G / 28 / Cape Town
Avatar

“My Vantage consultant was an incredible person who is passionate about her job and always willing to assist. Thanks a million for giving me hope when I thought there wasn’t any.👍👍.
Keep up the good work and never get tired to assist.
You are a star.🌟”

Dumi S / 29 / Cape Town

The impact of debt on
South Africans

40% of credit active
consumers are in arrears

Consumers have arrears on their accounts

3 out of 10 South Africans experience difficulty in repaying debts

Institutions we work with

Let's get started with your free debt assessment

An experienced consultant will contact you to understand your financial situation. We can then recommend the best options to get you out of debt quickly and affordably. In addition, you will get a free credit report & financial health report.