DebtBusters – online loan South Africa
Debt Consolidation
Amount
R10K – R500K
Interest from
5.00%
Term
1 – 10 years
Approval
24 hours
Applying does not commit you to a loan agreement.
How to apply for DebtBusters loan
- You start debt counselling
- You make one single monthly payment
- Your credit record is clear
Quick overview
- Amount, R5.000 - R500.000
- Term, 1 - 10 years
Loan example
| Amount | Fee | Total payment | Term |
|---|---|---|---|
| R20.000 | R4.432.41 | R24.432.41 | 12 months |
Loan example
R20 000 borrowed for 12 months. Once off initiation fee (capitalized) R 1197, Monthly admin fee R68.40. Representative APR 15%, Representative insurance rate 5.4%. Monthly installment amount payable R 2 036.03, total payable R 24 432.41.
Video review
Loan requirements
- ✓ You must be over 18 to apply for a Loan
- ✓ Proof of residence not older than 3 months
Loan features
- Debt Consolidation
- Simplify your monthly payments
Frequently asked questions
24 hours after submitting your application.
The minimum amount at DebtBusters is R10,000.