JUST FOLLOW THESE 5 EASY STEPS

STEP 1 – APPLY TO JOIN ADS

Click here to download an application form, or you can do this
online here.

You then send the completed form via email or fax together with:

  • a copy of your ID document,
  • copy of a utility or bank statement,
  • an account or any document showing your residential address (not older than 3 months)
  • a copy of your most recent payslip/pay sheet; and
  • Full account and reference details of all Creditors

STEP 2 – AGREE TO PAYMENT PLAN

As soon as we have received the application form and documentation we will send you a Consent to Mediate Form with a personalised Proposed Payment Plan.  We also will contact you to discuss the plan and ensure you are happy.You sign the document and return it to us by fax or email.

You are then ready to activate your account by following the next steps:

STEP 3 - PAY YOUR ACTIVATION FEE AS PER QOUTE

This can be paid into the following bank account OR at any of the retailers shown below.

Paying into our bank account:

Account Name:YOUR NAME
Banker:  STANDARD BANK
Account Type: SAVINGS ACCOUNT
Account No: 070 363 773
Branch No:   020 909
Beneficiary Reference YOUR CELL NO

PLEASE NOTE YOU MUST PUT INTO THE PAYMENT REFERENCE (BENEFICIARY REFERENCE) YOUR CELL NUMBER eg: 073 250 4123 TO ENSURE THE PAYMENT GETS ALLOCATED TO YOUR ACCOUNT.

Paying via a retailer:

You can pay your activation fee at any one of the following major retailers:

• Shoprite • Checkers • PnP • Boxer • USave • Spar • Pep Stores

STEP 4 – ADS ACTIVATION

ADS will activate your account, post your debit Mastercard and confirm your new instalments amounts and ADS service fee

  • all creditors will receive letters to confirm the restructuring of your new instalments
  • your IMB account will be activated
  • your IMB card will be posted to you
  • we handle all creditors communication and keep you posted

STEP 5 – SET UP STOP ORDER PAYMENTS TO YOUR CREDITORS FROM YOUR IMB ACCOUNT

Install a STOP ORDER to run from the bank account into which your salary is paid to your personal and protected IMB wallet account the details of which will be on Page 2 of the Consent Form.

OR you can ask your Employer to change your salary deposit to be paid directly into your IBM wallet account.  (Please read important information below)

Install the Stop orders for your creditors in the amounts as in your Payment Plan as well as ADS Service Fee from your IMB protected account

Remember: All creditors will be paid directly from your personal IMB account. You are welcome to contact IMB on – 087 941 3252 or follow your payments via internet – imb.co or forward a whatsapp message with your request to IMB – 078 993 4703

IMPORTANT INFORMATION

HOW TO SAFE GUARD YOUR SALARY

If your salary / wages are being paid into a bank account which has debit orders,
loan repayments being taken off please close this account and open a new bank
account at another bank OR you can simply use your new IMB account as your
main account.

Note:  If you do not have loans or debit orders at your current bank you can keep
using this account as a transaction account and then just set up the stop orders
from this account to the IMB account for the total of the creditors monthly
payments.

WHAT IF CREDITORS CONTACT YOU DIRECTLY?

  • Once you are an ADS Client, do not start a conversation with your creditors but ask them to forward their requests to you by sms or email.
  • Then forward this message to creditors@alternatedebtsolutions.co.za
  • We will follow up with the Creditor directly and keep you informed.

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