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nelisiwe.nelisiwe nelisiwe.nelisiwe

1 reviews | Active since Jul 2016

24 May 2019, 11:54

Retrenchment cover is a Myth with Debt busters

So when debt busters advertises they say you get retrenchment cover amongst other thing bit let me tell you its all a lie. stick to your service providers all loans vehicle finance come with cover which debt busters does not offer in reality they even terminate their services

please see response to me below when i told them im getting rentrenched and judge for your self.

we may suspend our services · Service fees will still be payable to Debtbusters Below are the risks once the account has been terminated: · You may liable to pay the original instalment. · You may to pay up the outstanding arrears on the account and this will be due immediately. · The reduced interest rate will no longer apply. · You will no longer be protected under the National Credit Act. · We will no longer be able to mediate on your behalf regarding account enquiries if your accounts are terminated

Please note that your Credit Life cover may lapse due to missed or short payments. For any asset accounts please do make sure that you make direct arrangements with your credit

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Replies (1)
DebtBusters SA
DebtBusters SA's reply24 May 2019, 11:58
Official
Good day @Nelly

Please note that your review will be escalated to a Senior Manager who will investigate and revert back to you within the next business day. 

Regards
The DebtBusters Team