Debt Management - Getting Out Of Debt

Debt Management And... CONSOLIDATION SOLUTIONS (www.consols.co.za) Tel. 012 991 0166 - Email: [email protected] - WhatsApp: 076 896 8418

This document does not constitute financial advice under the Financial Sector Conduct Authority. If you require such advice, you should seek appropriate professional guidance. The options and information presented in this document does not promote Debt Review or Debt Counselling in terms of the National Credit Act, but offers a viable option for those who do not want to be placed under Debt Review. © 2016 Milor Solutions (Pty) Ltd

Debt Management a simple, convenient and cost-effective option to manage your debt Here comes the hard part: facing up to your problem. If you’re The good news is that by taking control of the situation, you’ll suffering from ‘financial phobia’, you probably don’t have a start to feel better immediately. By being sensible, you can clue how bad things really are. It’s likely that you owe more turn the corner, so breathe a sigh of relief and give yourself a than you think - especially if you’ve been too scared to open pat on the back! your bills for a while! Just as with any recovery programme, admitting that you The first thing to grasp is that being in debt is not the end of have a problem is the first step. To begin your \"personal the world. You’re not a criminal. You’ve just slipped up financial rehab\", gather together all your latest statements, financially, that’s all. However, this problem will not go away if bills, etc. Our goal is to find out how much you earn, spend and you ignore it - it will definitely get worse. owe - and then work out how to keep more of your money in your pocket, instead of adding to the banks’ profits! © 2016 Milor Solutions (Pty) Ltd 3

Debt Management Your Alternative Option To Debt Review “Debt is the © 2016 Milor Solutions (Pty) Ltd slavery of the free” Publilius Syrus, 42 BC 4

Our Debt Management plan offers a better and more positive 5 alternative to dealing with unmanageable debt. We combine all your unsecured debt like clothing accounts, credit cards, loans, medical bills and school fees into one affordable monthly payment. We will deal with your creditors and disperse the payments for you so that you no longer have to worry about ensuring that your accounts are paid on time. We will help you develop a workable budget, manage your debt and help you save for the future. Unlike other debt restructuring programs, we ensure that you come first. We do not take your last cent. In fact, we make sure your necessary living expenses are fully covered first. You will, therefore, have enough money for yourself and your family every month. © 2016 Milor Solutions (Pty) Ltd

Benefits Of Debt Management “I haven’t reported my 1. No Debt Review; No Administration; No Sequestration. missing credit card to the 2. No Court Orders, No Garnishees and No Judgements police, because whoever frustrating your life for years. stole it is spending less 3. No fixed term contract. You may cancel at any time than my wife.” when you feel you are financially strong again. Ilie Nastase, professional tennis player 4. No upfront fees and no credit checks. 5. No more harassing and irritating debt collector calls. “Money can’t buy you 6. One consolidated instalment that you can afford. No more happiness, but it does bring you mulitple debit orders to worry about. a more pleasant 7. Legal protection from debt collectors and lawyers. form of misery.” 8. We handle all your correspondence and calls from debt Spike Milligan, comedian collectors and lawyers. 6 © 2016 Milor Solutions (Pty) Ltd

Requirements To Join Our Debt 7 Management Programme Our programme is designed for South Africans in debt overload and unable to pay their bills and afraid to answer the phone. Many South Africans currently find themselves in such a situation. For most people, the best way out from under a mountain of debt is to seek help from debt management experts. For us to be able to assist you, you should meet the following requirements: 1. Earn a NET salary of R12 000 per month. This is your income after deductions 2. Have at least R50 000 worth of total outstanding debt. 3. You must be able to afford to pay at least R4 000 per month to your debt. This is a requirement to make the program viable for you and acceptable to your creditors. 4. You must not be under debt review, sequestration or administration. © 2016 Milor Solutions (Pty) Ltd

Why Consider Debt Management? “Money is a Use our skills to manage your own financial affairs terrible master, We have many years experience managing debt problems such as yours. but an excellent And we understand the law, your rights and know exactly how to handle your creditors to help you. servant.” We are successful mediating directly with your creditors P T Barnum, showman and entrepreneur Creditors and debt collectors will say and do anything to get you to part with your money, even when you legally don't need to. They will entice you to pay 8 more than you can afford and will use tactics to your detriment. When we deal with them, they know they cannot use scare tactics for their own benefit. We use the National Credit Act to help you If you want to become debt free as soon as possible then this is the solution for you. We apply the principles and rights found in the National Credit Act for your benefit. Principles, such as Prescription of Debt and the in duplum rule, are applied to ensure that you are not forced to pay what you do not have to. Many of our clients are eventually offered huge discounts to help them settle their accounts. © 2016 Milor Solutions (Pty) Ltd

Case Study: Before Income Living Expenses Monthly Account Expenses Shortfall After Income Living Expenses Monthly Account Surplus Expenses © 2016 Milor Solutions (Pty) Ltd 9

Tackling your debts Look At Your Big Picture: How much do you owe? Request Your Free Debt Assessment This is where your cure begins. It’s time to get drastic with your plastic! Let us help you resolve your debt problem. Our Assessments are totally obligation-free, completely confidential and non-judgemental. We will help you take control. 10 © 2016 Milor Solutions (Pty) Ltd

Next Steps : CONTACT US SEND US A TO ASSIST YOU CALL BACK REQUEST Tel. 012 991 0166 WhatsApp: 076 896 8418 https://www.debtbytes.co.za/ Email: [email protected] index.php/call-back-request Visit our websites for more information: https://www.milor.co.za https://www.debtbytes.co.za © 2016 Milor Solutions (Pty) Ltd

Everything you need to help you ...Get Out of Debt © 2016 Milor Solutions (Pty) Ltd