Posted on April 25, 2021 Caller type: Debt collector Location: Australia
Caller: Credit Corp Credit Corp continually chase you for supposedly unpaid debts that they have purchased from a finance company for as little as 4c in every debt dollar you supposedly owe. So for a $1000 debt they have purchased for as little as $40. Never ever ring them back as your credit 7 year blacklist will start again. Your debt gets wiped after 7 years if you don't make any contact with them. Block their number but they will continually ring you on other phone numbers that they have a rotation of hundreds of landlines & mobile phone numbers they use. Rule of thumb is never answer any phone calls from people you don't know if they aren't in your address book.
15 found this comment helpful
15
Anonymous
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
2 found this comment helpful
2
Anonymous
Posted on January 14, 2025 Caller type: Unknown Location: Australia
Good advice, except FIRST people should check their credit contracts with their bank or whoever gave them credit. They may have a clause that says you agree to pay the debt to any 3rd party they transfer it to. If that clause is NOT there in their original agreement, you can ignore these credit collectors, the debt is unenforceable. (NOTE: Recently these have become far more common).
If you do want your credit rating back (be careful, they may not do it unless you have a legally enforceable contract you agree to), or you're not up for filtering and ignoring their calls for 5-7 years, then pay at most 10 cents in the dollar. They'll still make a profit, and at that stage, they are happy for any return they can get from the debt they likely purchased for 5-10 cents in the dollar!
0 found this comment helpful
0
Anonymous
Posted on November 17, 2023 Caller type: Scam call Location: Australia
Caller: Credit Corp scammers Scammers and grifters trying to get your details and money. They are liars and con artists. Ignore and block.
0 found this comment helpful
0
Anonymous
Posted on October 26, 2023 Caller type: Unknown Location: Australia
Called my mobile phone. They didn’t leave a voicemail message on it. Reading comments. Credit corp. SCAMMERS
0 found this comment helpful
0
Anonymous
Posted on February 3, 2021 Caller type: Unknown Location: Australia
Caller: credit corp credit corp depbt collector - call center - never answer
Comments on (02) 6310 9410
Anonymous
Posted on April 25, 2021Caller type: Debt collector
Location: Australia
Credit Corp continually chase you for supposedly unpaid debts that they have purchased from a finance company for as little as 4c in every debt dollar you supposedly owe. So for a $1000 debt they have purchased for as little as $40.
Never ever ring them back as your credit 7 year blacklist will start again.
Your debt gets wiped after 7 years if you don't make any contact with them.
Block their number but they will continually ring you on other phone numbers that they have a rotation of hundreds of landlines & mobile phone numbers they use.
Rule of thumb is never answer any phone calls from people you don't know if they aren't in your address book.
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 January 14, 2025Caller type: Unknown
Location: Australia
If you do want your credit rating back (be careful, they may not do it unless you have a legally enforceable contract you agree to), or you're not up for filtering and ignoring their calls for 5-7 years, then pay at most 10 cents in the dollar. They'll still make a profit, and at that stage, they are happy for any return they can get from the debt they likely purchased for 5-10 cents in the dollar!
Anonymous
Posted on November 17, 2023Caller type: Scam call
Location: Australia
Scammers and grifters trying to get your details and money. They are liars and con artists. Ignore and block.
Anonymous
Posted on October 26, 2023Caller type: Unknown
Location: Australia
Anonymous
Posted on February 3, 2021Caller type: Unknown
Location: Australia
credit corp depbt collector - call center - never answer
block range (02) 8310 9400 - (02) 8310 9499
this is confirmed by doing check here of that number range
I Called Back
Posted on October 19, 2018Caller type: Unknown
Location: Australia
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