According to the National Credit Regulator (NCR), credit bureaus have reflected that to date, there are 20.08 million credit active consumers in South Africa. Of the 20.08 million South African consumers, only a small portion of 10.55 million consumers are in good standing and pay off their debt repayments on time. Debt is becoming a […]
26 November 2013
InsuranceBusters, DebtBusters sister company, work together on a continuous basis to serve South African consumers struggling with debt.
After receiving exceptional service from DebtBusters and InsuranceBusters, Antoinette, a valued customer wrote into DebtBusters to tell us her success story:
I’m 35 divorced mom with 2 daughters. My ex-fiancé left me with a lot of debts and I just bought a new car before he left me.
I went to DebtBusters to help me with my debt as I had no other way of surviving, but I still had to get insurance for my car as my fiancé was paying the insurance.
I called Outsurance for a quote and they gave me a quote of +/- R 1300.00 per month for car insurance with +/- R2000.00 excess.
However, because of my current situation I wasn’t able to afford this insurance.
They then assisted me by bringing down the monthly amount to R517.00 per month, but my excess went up to R40000.00.
After I added home content insurance my revised policy had a new monthly premium and my excess went up to R42000.00 in the case of accident or damage to the car.
I stayed with Outsurance as I did not know any better, but after receiving an email from InsuranceBusters, I took a chance and emailed them just to see if I can’t get something better and WOW – what a surprise!
They assisted me and obtained an even lower premium with an excess of only R2000.00 in case of an accident or damage to the car.
Thanks to InsuranceBusters and DebtBusters I now know that I have the best insurance cover in place and before I know it, I will be debt free and on the right path to financial freedom!