1 reviews | Active since May 2016

10 Sept 2019, 09:51

Unable to account for R12 000

I have paid R21500 to Debtbusters since Feb but only R9000 has been paid to my creditors! I get that there are fees, but R12000 worth?! I logged a ticket (658323) with them but they just resent me the Hyphen Statement with the R12000 missing! If this is not resolved asap, I am cancelling this and I will set up debit orders with my creditors directly.

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Replies (1)
DebtBusters SA
DebtBusters SA's reply10 Sept 2019, 09:55
Official
Good day @Luke,

Please note that our fees are regulated by the National Credit Regulator and are legislated by the National Credit Act as well. We will investigate your client profile and a Senior Manager will revert back to you with more information and feedback. You can also view this link on our website about how the debt counselling fees are structured, as per legislation:  https://www.debtbusters.co.za/faq/why-must-debt-review-fees-be-paid-to-your-debt-counsellors/ 

Regards,
The DebtBusters Team