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 […]
At DebtBusters we make sure that you stay up to date with interesting, informative debt articles on debt and related topics. As the cliche goes… knowledge is power.
In the case of debt we believe that you can never have too much information or too many tips at hand. So watch this space!
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 […]
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 […]
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 […]
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 […]
To many South Africans the term “debt counselling” is seen as some sort of financial curse word. That if spoken, it swallows any hope you have of a healthy credit record. (Which is a complete myth!) But how did one of the best debt solutions inherit this stigma? And what are the other common myths […]
On occasion, you may find that you come into a lump sum of money and are not sure what to do with it… There may be a few good and sensible places to put a lump sum of money, such as putting it towards a savings account or investing it, but when you have a […]
Prior to 2015, if a consumer wanted to exit the debt counselling process , they would have to contact the respective Debt Counsellor and request cancellation, in which case a Form 17.4 (voluntary withdrawal from debt counselling ) would be issued to all parties involved and the consumer would be able to successfully withdraw from […]
Debt can very easily spiral out of control; it’s easy to take out, but can be significantly harder to pay off. When the debt hits the fan, many people tend to stick their heads in the sand by ignoring it. Feeling overwhelmed by debt can be scary, but you will not do yourself any favours […]
Did you know that when you are under Debt Review, you will not be able to apply for vehicle finance in the event that your vehicle is a total loss due to Theft or Write off? Insurance Busters now have the solution.
Take control of your life by using our reliable and helpful debt counselling services today