FAQs

There are various requirements that need to be met in order for one to qualify for debt counselling. Debt counselling is best suited to South African consumers who are; Struggling to meet their debt repayments on time Unable to pay off their debts after t...

DebtBusters has implemented many rules and regulations in order to ensure that consumers are looked after and given the best service possible. With regards to DebtBusters debt solution debt review, all credit bureaus and credit providers will be notified ...

Debt is a widespread problem in South Africa that is rapidly increasing through the country and the majority of consumers are now in need of debt counselling. Determining whether you are in debt and in need of debt counselling can be done by asking yourse...

Debt counselling is a debt rehabilitation process, which enables South African consumers to take control of their financial situation and bring them back to financial well-being. Clients will not be allowed or able to apply for more credit or use their cr...

If the client’s proposal solves under the debt counselling rules engine (DCRS), as 80% of proposals do, then the banks will reduce the monthly fees & interest rates on their system, upon acceptance by the creditor. The fees are the first thing to be r...

Debt review can be considered as a much better option for eradicating debt as opposed to making other arrangements, as the process is more efficient, safer and will ensure that you are debt free within a period of five years. At DebtBusters, the debt revi...

What is Debt Review? Debt review in South Africa was implemented in 2007, as a means for regulating unethical debt management companies and practices. DebtBusters is a debt management company situated in Cape Town, which targets South African consumers st...