Debt Busters News Today

Personal loans have become a lifeline for more and South Africans over the last seven years.

High cost of living, unemployment and debt are just some of the difficulties South Africans are facing that greatly impact their ability to save or invest.

The second annual Money-Stress Tracker found that 78% of the people surveyed feel stressed about their finances, with 94% saying this impacts their home life and 78% saying it affects their work life too.

We see consumers needing to use about 65% of their net income to service debt obligations: Benay Sager – head of Debt Busters.

Director says the country has come through Covid-19 better than expected, but things could get a lot tougher in the the year ahead.

John Perlman speaks to Debt Buster's manager of payments, Nosiphiwo Nxawe, about its first money-stress tracker survey.

Prescribed debt can count as store accounts, personal loans and even credit cards, but there are a few reasons why you don't have to pay it.

Consumer ninja Wendy Knowler reports at least one happy ending after a debt company owns up to a mistake - on The Money Show.

Consumer ninja Wendy Knowler reports at least one happy ending after a debt company owns up to a mistake - on The Money Show.

By Reuters Staff 2 Min Read South African bank notes featuring an image of former South African President Nelson Mandela are displayed at an office in Johannesburg, file. REUTERS/Siphiwe Sibeko JOHANNESBURG (Reuters) - South Africa’s biggest debt counsellor, Debt Busters, has seen a 40% spike in enquiries for its service in January, its head Benay Sager said on Thursday, as relief measures to cushion the impact of the COVID-19 crisis on consumers came to an end. Debt counselling is a pro...