Debtbusters
latest news & developments
South African households under R2.5 trillion debt stress
Consumers are spending more than 40% of their disposable income on repaying debt, survey shows
Editorial: Financial illiteracy breeds debt
Consumers can get their lives back after going under debt review although the process is not easy
SA consumers turn to personal loans, unsecured credit to survive
Debt-strapped citizens are taking short term loans to ‘balance’ cash flow as wages fail to keep up with the cost of living This content is restricted to registered users and…
Debt counselling inquiries jump by 30%
An increasing number of inquiries for debt counselling are from first-time home and car buyers who took advantage of low interest rates during Covid-19
Money stress: More women than men are feeling the pinch
Most respondents to a DebtBusters survey are anxious or uneasy about the state of their finances
Debt counselling enquiries double
Over the festive season and into the New Year, debt counsellors DebtBusters has seen a doubling of enquiries compared to the same period last year.
We’re our own worst enemies
Taking on more credit spells trouble in more ways than one.
South Africans plunging deeper into debt
Over 11 million consumers are struggling with their debt repayments.