What we 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.
Founded in 2017, Vantage has been dedicated to uncovering the root causes of consumers’ debt problems. We help consumers to manage their personal finances through long term guidance and education. Vantage Debt Management strives to reshape the industry and contribute to building a better financial future for South African consumers.
(Vantage Debt Management is registered with the National Credit Regulator – NCRDC2955.)
Debt Counselling
As an NCR registered debt counsellor, we formally negotiate with your creditors to reduce your monthly repayments and interest rates. Typically, monthly debt repayments are reduced by up to 65% and interest rates on unsecured debt are reduced to between 0% – 4%. This can save you thousands of Rands in interest. You will get immediate relief from the first month.
The duration of the process is flexible and extra payments can be made at any time to speed up the process. It usually takes anywhere from 24 to 60 months to pay off all your debt. Once the debt has been paid off, you will be issued a clearance certificate declaring that you are debt free.
Click below for real life example.
Debt Review
Debt review was introduced in 2007 to assist over-indebted consumers. This gave consumers a new option to address their debt problem instead of using sequestration or administration. In the early stages the industry experienced some teething issues. In 2013 the NCR introduced stricter rules and regulations to give clients more protection. As a result, the process is now formally known as debt counselling, although it is still commonly referred to as debt review.
Through this process we formally negotiate with your creditors to reduce your monthly repayments and interest rates. The aim is to provide an affordable way to get you out of debt as quickly as possible.
Click below for real life example.
Consolidation Loan Advice
A consolidation loan is essentially a large personal loan used to pay off smaller loans. Consolidation loans can be beneficial to consumers who are experiencing temporary cash flow problems. Usually a high credit score and a good payment history is required to qualify. One of our debt experts can conduct a free detailed assessment with you to determine if you could qualify for a consolidation loan.
Ideally the reduction you get in installments should outweigh the additional interest you pay. We then recommend a reputable company for you to make the consolidation loan application with.
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.
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.
You receive a complete overview of your financial situation along with our advice and recommended debt solutions.
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.
Your dedicated account managers will be available for you whenever you need them. Our customer focused approach will ensure that all your queries are handled quickly and professionally.
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.
087 238 2749
fs@vantagedebtmanagement.co.za
087 238 2749
fs@vantagedebtmanagement.co.za