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To see if Debt Counselling is right for you, contact a DebtBusters consultant. Take control of your life by using our reliable and helpful debt counselling services today.

Published

April
9

How can I go under debt counselling, pay admin fees and still save money?

Many people who are not familiar with the debt counselling process do not see how they are able to commit to a debt restructuring programme, pay monthly fees to the debt counselling company for the ongoing service, and still save money and come out debt free at the end of it. Well, the answer is […]

April
9

How to better navigate your personal finances

Now that the South African Government has announced its 2019 budget, the tone has been set for us as the consumer to insure we plan better regarding our personal finances and make better financial decisions. Perhaps this could also be a new chapter for us to achieve financial freedom. There is no clear cut, one-stop […]

April
9

Financial planning to buy an engagement ring

You have reached the point in your romantic relationship where you are ready to pop the big question and put an engagement ring on your partner’s finger. But rings come in all shapes and sizes – and most importantly – in different price ranges. How much can you expect to spend? While the natural inclination […]

April
5

The dangers of informal lending

In recent years the number of informal lending schemes in South Africa has grown significantly as people continue to look for new ways to access more money. But is this a reliable and safe way to take out a loan? The term ‘informal lending’ is typically used to describe lending schemes or practices that are […]

March
4

Five signs that you need debt counselling

Let’s face it, life can be expensive. You can go from being on top of your finances to drowning in debt very quickly – whether it be due to unforeseen medical expenses, a terrible car accident, loss of income, or simply not being able to keep up with day to day expenses. For this reason, […]

January
16

Another loan vs. debt counselling

Many people in South Africa try to solve their debt problems with more debt. It is a common misconception that if you cannot afford to pay off a loan, the solution is to take out another loan to cover it. This, however, will lead you to an even worse off financial situation, as the more […]

January
16

A beginner’s guide to debt counselling

Many South Africans are struggling to meet their monthly debt obligations because of various factors, including the ever-increasing standard of living. Sadly, some don’t even know that help is within their reach. In 2007, the government introduced a programme called debt counselling to assist such consumers. What is debt counselling? Debt counselling is a debt […]

December
5

Marrying into debt: What does it mean for you?

Everyone would love to start their marriage on a clean slate. But we all have burdens from our past, and sometimes these burdens are financial. So what does it mean for your future if your new spouse is overindebted? Will you be liable for their debt? Depending on the type of marriage contract you and […]

November
28

Do you have too much debt?

You notice most of your salary is going towards your debt repayments each month, you cannot afford to put money towards a savings account, you purchase your groceries with your credit card, and your credit applications are being rejected. These are all signs you’re carrying too much debt. But how much is too much? A […]

November
21

How does life look after debt counselling?

So, you’ve reached the end of the debt counselling journey – a fantastic achievement. Like many who have been part of the programme, you are probably wondering what’s next and how your life is going to change after the programme. Here is what you should expect: Once all the necessary paid up letters from your […]

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