Posted on May 18, 2023 Caller type: Debt collector Location: Australia
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.
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, but that is IF YOU ANSWER. so answer the call & just hang up & they won't be able to call again.
8 found this comment helpful
8
I Called Back
Posted on October 18, 2021 Caller type: Unknown Location: Australia
I called back the number (02) 6310 9488 and the person I spoke with didn't mention the company name
1 found this comment helpful
1
Anonymous
Posted on May 11, 2021 Caller type: Unknown Location: Australia
Debt collectors
1 found this comment helpful
1
Anonymous
Posted on July 5, 2024 Caller type: Debt collector Location: Australia
They call me relentlessly on all different numbers including mobile numbers I have no debt so I don’t know why they keep calling me
0 found this comment helpful
0
Jack The Grifter
Posted on October 3, 2023 Caller type: Company Location: Australia
This is a debt collector. Good tip from the posted above. Follow it and thank him later!
0 found this comment helpful
0
Stephanie Seinafo
Posted on January 13, 2023 Caller type: Unknown Location: New Zealand
Calls me every now and then and when I do answer all I can hear is a loud call centre and no one speaks to me. I’m also in NZ so no idea why they’re calling me. Definitely a scam.
0 found this comment helpful
0
Jezza
Posted on November 24, 2022 Caller type: Unknown Location: Australia
Caller: Presumed pest No message.
0 found this comment helpful
0
I Called Back
Posted on November 17, 2022 Caller type: Unknown Location: Australia
I called back the number (02) 6310 9488 but the phone just kept ringing
0 found this comment helpful
0
Anonymous
Posted on August 3, 2022 Caller type: Nuisance call Location: Australia
Caller: (02) 6310 9488 c*nts trying to call every now and then
0 found this comment helpful
0
Anonymous
Posted on February 10, 2022 Caller type: Unknown Location: Australia
I called back on 07, I got called by (02) 6310 9488 right after I hung up and was the same person from the 07. They said they were from "Credit Corp"
0 found this comment helpful
0
Dee
Posted on October 20, 2021 Caller type: Debt collector Location: Australia
Caller: Credit Corp Debt Collectors
0 found this comment helpful
0
Anonymous
Posted on January 19, 2021 Caller type: Unknown Location: Australia
Scam
0 found this comment helpful
0
Anonymous
Posted on December 23, 2020 Caller type: Unknown Location: Australia
Refused to say company name only said “name is Paul calling from a company in Sydney”
0 found this comment helpful
0
I Called Back
Posted on May 17, 2018 Caller type: Unknown Location: Australia
I called back number (02) 6310 9488 spoke to a guy but did not hear the name of the company properly when he said it.
Comments on (02) 6310 9488
Anonymous
Posted on May 18, 2023Caller type: Debt collector
Location: Australia
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, but that is IF YOU ANSWER. so answer the call & just hang up & they won't be able to call again.
I Called Back
Posted on October 18, 2021Caller type: Unknown
Location: Australia
Anonymous
Posted on May 11, 2021Caller type: Unknown
Location: Australia
Anonymous
Posted on July 5, 2024Caller type: Debt collector
Location: Australia
Jack The Grifter
Posted on October 3, 2023Caller type: Company
Location: Australia
Stephanie Seinafo
Posted on January 13, 2023Caller type: Unknown
Location: New Zealand
Jezza
Posted on November 24, 2022Caller type: Unknown
Location: Australia
No message.
I Called Back
Posted on November 17, 2022Caller type: Unknown
Location: Australia
Anonymous
Posted on August 3, 2022Caller type: Nuisance call
Location: Australia
c*nts trying to call every now and then
Anonymous
Posted on February 10, 2022Caller type: Unknown
Location: Australia
Dee
Posted on October 20, 2021Caller type: Debt collector
Location: Australia
Debt Collectors
Anonymous
Posted on January 19, 2021Caller type: Unknown
Location: Australia
Anonymous
Posted on December 23, 2020Caller type: Unknown
Location: Australia
I Called Back
Posted on May 17, 2018Caller type: Unknown
Location: Australia
Do you have a comment about (02) 6310 9488?