Credit Crap

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 , 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!
They are legally only allowed to call 3 times a week or 12 in a month.

Caller: Credit Corp

Now they leave a long voicemail where they say hello 'name' and let me hear all the background talk in their office. Intimidating calls now. Not sure their charter allows that.

Caller: CREDIT CORP

Companies like CREDIT CORP purchase multiple computer based numbers from Telstra so that they can use a computer program for their outgoing calls. This way, any one of those virtual numbers can display as the caller ID

Credit corp

SCAMMERS.

DON’T call them back.

They partake in illegal activities .

Caller: CREDIT CORP c*ntS

CREDIT CORP c*ntS

I rang once this number (02) 6310 9483 and got disconnected