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DebtBusters – online loan South Africa

4.0 / 5 (412 reviews)

Debt Consolidation

Amount R10K – R500K
Interest from 5.00%
Term 1 – 10 years
Approval 24 hours
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Applying does not commit you to a loan agreement.

DebtBusters screenshot

Screenshot of https://www.debtbusters.co.za

How to apply for DebtBusters loan

  1. You start debt counselling
  2. You make one single monthly payment
  3. 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.

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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.