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DebtBusters helps South Africans bust debt for good with expert advice, tailored plans, and lasting results. It gets better, we’ll help you get there.

Pinelands, Cape Town
Joined March 2013
Photo by DebtBusters (@DebtBusters_IDM)Photo by DebtBusters (@DebtBusters_IDM)Photo by DebtBusters (@DebtBusters_IDM)Photo by DebtBusters (@DebtBusters_IDM)Photo by DebtBusters (@DebtBusters_IDM)Photo by DebtBusters (@DebtBusters_IDM)Photo by DebtBusters (@DebtBusters_IDM)Photo by DebtBusters (@DebtBusters_IDM)Photo by DebtBusters (@DebtBusters_IDM)Photo by DebtBusters (@DebtBusters_IDM)
[LISTEN] Debt Pressure Mounts Despite Rate Cuts and Two-Pot Relief for South African Consumers 🔗 omny.fm/shows/africa-rise-sh… Tune into #RiseAndShine with @peterndoro & @TsepisoMakwetla on @channelafrica1 for more @SABCNews #SABCNews
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DebtBusters retweeted
[IN CONVERSATION] Financial stress levels in South Africa have eased slightly, with fewer people reporting anxiety about money compared to last year, according to @DebtBusters_IDM's latest Money-Stress Tracker. However, high inflation, stagnant incomes, and rising debt repayments continue to strain households, particularly among women, older individuals, and high-income earners. While some South Africans are regaining mental space for long-term planning, experts warn that adapting to constant stress may be dangerous without real financial reform. CNBC Africa’s @Retha_Jae explains. #CNBCAfrica #FinancialWellness #DebtStress
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Replying to @castlelitesa
#LiteWKND I HAVE PASSED MY LEARNER'S AND I PAID OFF ALL MY DEBT WITH @DebtBusters_IDM
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[ON AIR] According to a first-quarter debt index released by DebtBusters, households earning between R10,000 and R35,000 a month are cutting back on essential spending, including on children, vehicle loans, utilities, transport and food, just to survive. Benay Sager: Executive Head of @DebtBusters_IDM on #TheMorningBrief with Thulasizwe Simelane #sabcnews
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[ON AIR] As the South African Reserve Bank Monetary Policy Committee prepares to announce its interest rate decision this Thursday, DebtBusters, say they are expecting the interest rate to be cut by 25 basis points again this week. Benay Sager: Executive Head of @DebtBusters_IDM on #TheMorningBrief with @Oliver_Speaking #sabcnews
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[ON AIR] A recent report by South Africa’s leading debt management company, Debtbusters, reveals that consumers are facing significant financial strain, with 42% less purchasing power than they had nine years ago. Benay Sager: Executive Head @DebtBusters_IDM on #TheMorningBrief with Thulasizwe Simelane #sabcnews
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This is perhaps the most important debt myth to bust! Myth: You can't improve your credit score if you have a lot of debt.
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Myth Busted: While having a lot of debt can make it harder to improve your credit score, it's not impossible. Consistently making payments on time and working to pay down your debt can help.
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If you need help managing your debt, you can get in touch with us. Just follow the link for more: bit.ly/3ILMuLY DebtBusters is the biggest debt counselling company in South Africa. Let us help you.
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Learn how to manage your debts and explore the different debt management options available to you in this radio interview with Benay Sager, Head of DebtBusters. Listen here: bit.ly/3IPx7C0
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Let’s bust another debt myth. Myth: Having a lot of debt is good for your credit score.
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Myth Busted: High levels of debt can harm your credit score and make it harder to get approved for loans in the future. However, some debt like a well-managed credit card, can help you to build a credit profile and show lenders that you know how to manage your money.
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Prioritise your financial health this year. If you you’re your debt is heading towards the high side, reach out to us for some advice. We have helped 150,00 clients sort out their debt. We could help you too. Visit bit.ly/3ILMuLY for more.
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This month we are busting common debt myths. Myth: You can't get out of debt if you're living pay cheque to pay cheque.
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Myth Busted: It may take longer, but with a budget, a plan, and some assistance it is possible to get out of debt.
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If you need help budgeting or feel overwhelmed by debt, reach out to one of our friendly consultants to start your journey toward becoming debt-free today. Get in touch here: bit.ly/3ILMuLY
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If you find yourself overwhelmed by your debt, reach out to us. You can still get your finances on track for 2023! Stay positive, keep working on your financial goals, and remember that better days are ahead. Fill in the ‘call- back’ form here: bit.ly/3ILMuLY
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Seeking help and creating a budget are two very important steps toward becoming debt-free. Take control of your finances and start managing your debt today. Find out more here buff.ly/3ZB9Fzp and start your journey to financial freedom today.
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