FAQs

Debt review and debt consolidation are personalised debt management solutions. The choice on which one to use and which one may be more beneficial, is dependent on your personal debt situation. However, the best way to decide what solution is right for yo...

DebtBusters does not recommend that you exclude your home loan from the debt review process. Many South African consumers are under the impression that excluding home loans from their debt review will help prevent them from losing their homes. However, in...

If you are struggling with debt, a debt repayment plan can be an effective way to get your finances back on track. However, what happens if your credit providers do not accept your debt repayment plan? In this article, we'll explore the possible outcomes ...

If you're in debt counselling, it can be stressful to receive calls or letters from your creditors. But don't panic. There are steps you can take to deal with creditors who contact you directly. Let’s go through them. Why Do Creditors Contact You Directly...

Debt review, otherwise known as debt counselling, is a debt solution targeted at South African consumers who are over-indebted and struggling to manage their finances. It is a process whereby you are assigned a debt counsellor (such as DebtBusters), who c...

DebtBusters operate nationwide, from a central office as common practice, as all banks operate from central offices. Operating from one place helps DebtBusters better control business processes and develops them when the need arises. However, DebtBusters ...

Debt review (debt counselling), Administration and Sequestration are viable debt solutions, offered by DebtBusters to South African consumers struggling to make their debt repayments are faced with financial difficulty. All debt solutions are implemented ...

There is not a maximum period of time that a client can be on debt counselling, although DebtBusters financial consultants try to get debt matters solved in a time that is not excessive. Usually the period is around 60 months. The time period depends on h...

Clients are able to move and work overseas, however DebtBusters insists that clients advise them beforehand. As long as clients continue to make monthly payments, they can stay on the debt repayment plan....

DebtBusters will include: home loans vehicle finance credit cards overdrafts, store cards personal loans micro loans in the debt counselling process. DebtBusters will then look at the clients monthly income and expenses in order to make expert recommendat...

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 ...