Posted on February 22, 2023 Caller type: Unknown Location: Australia
Caller: Credit Corp
This is Credit Corp - debt collection agency attempting to recover money by blowing out the phones of third parties that may or may not know the subject of the alledged debt.
They attempt to call parents, siblings, cousins, neighbours, work colleagues, anyone even remotely associated with the subject or their lives in the hope they can get to them. What they do is illegal, and they can safely be ignored.
When a bad debt is passed onto a debt collector, the agency purchases the debt for 10 to 20 cents in the dollar and then attempt to collect the FULL amount from the original borrower (plus interest).
However, what most people are unaware of is that once the debt has been purchased by a third party (in this case Credit Corp), the debt has been expunged for the original borrower, and that is the end of the matter. The only signature from the borrower is on a contract between the bank/credit provider and the borrower. There is no signed contract between a debt collector and the original borrower.
Therefore, do not admit or agree to anything a debt collector says on the phone, as they will attempt to trick you into entering into a contract with them (if you're the original borrower they are after) and try to get you on a 'payment plan'.
The statute of limitations means they can only chase you for a maximum of five years, but if you admit to anything or enter into agreement with them (even verbally), then that resets and you can be harangued another five years or until you've satisfied the needs of these vultures.
Your best bet is to avoid them like the plague, legally they have no clout. All they have is intimidation tactics on the phone. Weak!
i'm a credit collector and they're legally only allowed to call 3 times a week or 12 in a month, but that is IF YOU ANSWER. so answer the call & just hang up & they won't be able to call again
3 found this comment helpful
3
Anonymous
Posted on August 20, 2020 Caller type: Unknown Location: Australia
Credit Corp
2 found this comment helpful
2
Anonymous
Posted on May 12, 2020 Caller type: Debt collector Location: Australia
Debt collector
1 found this comment helpful
1
KM
Posted on June 3, 2024 Caller type: Debt collector Location: Australia
Caller: No name given Thankfully read the message above first. Called them back out of curiosity. No company name was given with the robot answering machine, and when a lady picked up she told me “we’re a debt collection agency looking for Person X, do you know him?” I said “No, and why are you calling me about him, why not just call him?”. She said sorry and hung up.
0 found this comment helpful
0
Anonymous
Posted on January 12, 2023 Caller type: Nuisance call Location: Australia
Caller: Scammers Scammers and con artists who want to swindle you out of your money. Ignore and block these vermin.
0 found this comment helpful
0
I Called Back
Posted on November 29, 2016 Caller type: Telemarketer Location: Australia
I called back number (02) 6310 9406 rang once then goes to busy tone.
Comments on (02) 6310 9406
Anonymous
Posted on February 22, 2023Caller type: Unknown
Location: Australia
This is Credit Corp - debt collection agency attempting to recover money by blowing out the phones of third parties that may or may not know the subject of the alledged debt.
They attempt to call parents, siblings, cousins, neighbours, work colleagues, anyone even remotely associated with the subject or their lives in the hope they can get to them. What they do is illegal, and they can safely be ignored.
When a bad debt is passed onto a debt collector, the agency purchases the debt for 10 to 20 cents in the dollar and then attempt to collect the FULL amount from the original borrower (plus interest).
However, what most people are unaware of is that once the debt has been purchased by a third party (in this case Credit Corp), the debt has been expunged for the original borrower, and that is the end of the matter. The only signature from the borrower is on a contract between the bank/credit provider and the borrower. There is no signed contract between a debt collector and the original borrower.
Therefore, do not admit or agree to anything a debt collector says on the phone, as they will attempt to trick you into entering into a contract with them (if you're the original borrower they are after) and try to get you on a 'payment plan'.
The statute of limitations means they can only chase you for a maximum of five years, but if you admit to anything or enter into agreement with them (even verbally), then that resets and you can be harangued another five years or until you've satisfied the needs of these vultures.
Your best bet is to avoid them like the plague, legally they have no clout. All they have is intimidation tactics on the phone. Weak!
i'm a credit collector and they're legally only allowed to call 3 times a week or 12 in a month, but that is IF YOU ANSWER. so answer the call & just hang up & they won't be able to call again
Anonymous
Posted on August 20, 2020Caller type: Unknown
Location: Australia
Anonymous
Posted on May 12, 2020Caller type: Debt collector
Location: Australia
KM
Posted on June 3, 2024Caller type: Debt collector
Location: Australia
Thankfully read the message above first. Called them back out of curiosity. No company name was given with the robot answering machine, and when a lady picked up she told me “we’re a debt collection agency looking for Person X, do you know him?”
I said “No, and why are you calling me about him, why not just call him?”. She said sorry and hung up.
Anonymous
Posted on January 12, 2023Caller type: Nuisance call
Location: Australia
Scammers and con artists who want to swindle you out of your money. Ignore and block these vermin.
I Called Back
Posted on November 29, 2016Caller type: Telemarketer
Location: Australia
Do you have a comment about (02) 6310 9406?