logofairbanker

DebtBusters Review

Important: The offer on Fairbanker has expired

We're sorry, but this campaign is no longer active on Fairbanker. However, we have an alternative for you. Click here to view alternative offers.

R 100
R 350 000
Duration
1 year
APR (est.)
0.01%
Interest rate cost (est.)
R 5,42
Total cost (est.)
R 100 005,42
Monthly payment
R 8 334
over 12 months
Apply
Representative example: Estimated repayments of a loan of r30,000 over 36 months at a maximum interest rate of 29.25% apr would be r1,381 per month including fees. Repayment terms can range from 2 - 72 months. Our service is free, and we only work with NCR-licensed lenders in South Africa. Minimum apr is 5% and maximum apr is 60%.
  1. Loan Amount
    R 0
  2. Duration
    0 years
  3. APR
    0,01%
  4. Min. Age
    18 years

DebtBusters

Are you dealing with overwhelming debt? Constant creditor calls? Mounting interest? DebtBusters can help you flip the narrative. Their debt management solutions bring you hope, clarity, and financial stability. 

As a leader in the financial wellness industry, DebtBusters has been recognized with several Debt Review Awards, with a solid reputation as a trusted partner for debt-stricken individuals. Their customized services, a client-first approach, and proven results pave the way for financial relief and transformation.

DebtBusters’ Comprehensive Solutions

If you're struggling with debt or unstable finances, DebtBusters offers diverse solutions to address every aspect of your struggles. Their debt management programs can help you reduce your financial burden, regain control, and build a stable future. Here’s what to expect from them:

Debt Counselling

Debt counselling is the cornerstone of DebtBusters’ offerings. This service is a saving grace when you’re unable to meet your monthly obligations.
DebtBusters works closely with clients to analyze their financial situation and renegotiate payment terms with creditors. This often leads to lower monthly payments and brings immediate financial relief.

Key Benefits:

  • Legal Protection: DebtBusters shields clients from creditor harassment, summonses, and asset repossession under the National Credit Act.
  • Reduced Interest Rates: Clients benefit from lower interest and fees, minimizing total debt over time.
  • Stress-Free Payments: With a single monthly installment, clients can better manage their cash flow and avoid missed payments.

Debt Consolidation

Debt consolidation merges multiple debts into one manageable installment to simplify and minimize your repayment. DebtBusters consolidates all your existing debts into a single account, and in the process, negotiates favorable interest rates to help you pay less overall.

Key Benefits:
 

  • Easier Financial Management: A single payment eliminates confusion and late fees.
  • Lower Costs: Reduced interest rates minimize pressure on your cash flow
  • Improved Financial Health: Consolidation provides clarity and a clear path toward debt freedom.

Credit Monitoring Services

DebtBusters also helps you stay on top financially with its free credit monitoring services. The real-time credit score updates alert you to any changes or risks to your credit profile. You can also access tools to track your payment history and financial progress.

Key Benefits:

  • Proactive Financial Management: Users can identify issues early and take corrective action.
  • Enhanced Awareness: Understanding credit scores helps in making informed financial decisions.
  • Peace of Mind: Continuous monitoring puts you in greater control of your financial health.

The DebtBusters Process: From Overwhelmed to Empowered

DebtBusters follows a systematic, client-focused approach to debt management. Here’s how the journey unfolds:

Step 1: Free Credit Profile Assessment

The process begins with a complimentary assessment. The first step is to understand a client’s financial standing. This requires your basic details, including name, ID number, and information on your current debt profile. DebtBusters will then review your credit report and identify areas they can be of service.

Step 2: Crafting a Personalized Financial Plan

After analyzing your credit profile, DebtBusters creates a custom strategy based on your specific needs. From here, they can recommend debt counselling or consolidation. The plan prioritizes affordability, with emphasis on manageable payments that leave substantial room in your budget.

Step 3: Negotiation and Implementation

Once you sign on to the plan, DebtBusters will begin contacting all your creditors. They’ll negotiate for restructured payments that lower your monthly installments. They’ll also protect you from creditor harassment and legal action.

Step 4: Ongoing Support and Monitoring

DebtBusters provides continuous support throughout your repayment journey. You can use the client portal to get updates on payment schedules, credit reports, and progress. You can also access expert advice for any financial hurdles.

This simple process and comprehensive support help you quickly transition from financial distress to stability.

Eligibility and Documentation

DebtBusters strives to make its services accessible, with clear eligibility criteria and straightforward documentation requirements.

Who Qualifies?

DebtBusters is designed for:

  • Individuals over 18 years old with a valid South African ID.
  • South Africans struggling to meet monthly debt obligations.
  • Those seeking to simplify and reduce their debt repayments.

What’s Required?

To apply for DebtBusters’ services, you need:

  • A valid South African ID.
  • Proof of income, such as recent payslips.
  • Bank statements for the past three months.
  • A list of debts, including creditor details and payment terms.

What’s more, DebtBusters’ hands-on assistance can help you gather and submit the necessary documents quickly and easily.

Rates and Charges

One of DebtBusters’ standout features is its commitment to affordability and transparency.

Cost-Effective Solutions

  • Initial consultations and credit profile assessments are free of charge.
  • DebtBusters negotiates lower interest rates and fees, reducing the total debt amount.
  • Monthly payments are consolidated and tailored to fit a client’s budget.

Transparent Pricing

  • All fees are disclosed upfront, with no hidden charges.
  • Clients can review repayment plans and cost breakdowns via the online portal.

Flexible Payment Options

  • Clients have the option to pay off debts earlier without penalties.
  • Payment schedules are adaptable to accommodate changes in financial circumstances.

Final Words

DebtBusters is a lifeline for those struggling with debt; here’s why they’re the right choice. Their decades-long, award-winning service provides you with an effective personalized plan that ensures the best outcomes for your unique situation. Also, DebtBusters safeguards clients from creditor harassment and legal action, offering peace of mind. Plus, their ongoing support ensures you’re always on track to recovery, from credit monitoring to financial advice and expert negotiations.

Reclaim your financial freedom today with a reliable, compassionate, and results-driven debt management partner.

Get started with DebtBusters today!