Latest articles

Welcome to our blog! Here you’ll find helpful advice and useful tips to improve your financial situation.

Buying on credit can help fulfil your family’s needs and dreams – schooling, clothes, family holidays etc. These things do not come cheap, but the actual price can be costlier than you think. Being...
Contrary to the stigma that consumers are indebted as a result of reckless spending or borrowing, most consumers who approach DebtBusters for assistance do so as a result of unforeseen circumstances. Many...
Borrowing money can assist you with a difficult, unforeseen emergency, but once you start relying on it for your daily survival, you’re creating a cycle that becomes increasingly harder to escape.  How...
Entering the debt counselling process can be overwhelming. You may have questions about how this will affect your credit score, how long the process is, and how much this will cost you. But if you’re...
Undergoing debt counselling can have you feeling empowered, but what if you are retrenched during the process? What happens next? The National Credit Act (NCA) states that you need to be able to afford...
Keeping your finances private from your employer is fair, but what if you are struggling to meet your debt obligations and you have subsequently signed up for debt counselling? Do they have a right to...
Will you go to jail for not paying your debt? Can your creditors take your car or home? These questions can keep you up at night, adding to the financial stress you already have. We have the answers to...
If you are in debt, you may have heard the term “debt settlement” being proposed as an option to help you clear your debt quicker and avoid the ongoing interest and fee charges. If you are unfamiliar...
Debt counselling is a formal and highly regulated debt management solution offered to those who are over-indebted to assist them with paying off their outstanding debt, while freeing up cash flow and providing...
Being in a position where you are struggling with debt is already stressful. Now add the fear of losing an asset like your vehicle due to non-payment, and it is a recipe for financial disaster. But what...
Being over-indebted has a negative impact on your personal finances. It reduces your credit score, absorbs your disposable income, and prevents you from building your savings. Added to this, it also has...
Whether they are aware of it or not, some consumers face various emotional stages in the process of becoming over-indebted. While consumers may not experience all of these stages, which don’t always...