Posted on March 14, 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
8 found this comment helpful
8
Anonymous
Posted on April 30, 2021 Caller type: Nuisance call Location: Australia
Caller: CREDIT CORP Nuisance call, just block them. They claim to be debt collectors but I’m a 14 year old kid and the only thing I owe is my school homework. THEY ARE ANNOYING.
4 found this comment helpful
4
Credit Corp Group
Posted on November 2, 2018 Caller type: Debt collector Location: Australia
I called back the number (03) 5202 4113 and the lady on the other line said I reached Credit Corp Group
2 found this comment helpful
2
Anonymous
Posted on June 23, 2023 Caller type: Nuisance call Location: Australia
Caller: Scammers Scammers and conartists trying to get your personal details and money by claiming fake debts. Block these maggots!
1 found this comment helpful
1
Anonymous
Posted on September 9, 2020 Caller type: Unknown Location: Australia
there from newtown in victoria btw idk wtf and ytf there calling a random kid
Comments on (03) 5202 4113
Anonymous
Posted on March 14, 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 April 30, 2021Caller type: Nuisance call
Location: Australia
Nuisance call, just block them. They claim to be debt collectors but I’m a 14 year old kid and the only thing I owe is my school homework. THEY ARE ANNOYING.
Credit Corp Group
Posted on November 2, 2018Caller type: Debt collector
Location: Australia
Anonymous
Posted on June 23, 2023Caller type: Nuisance call
Location: Australia
Scammers and conartists trying to get your personal details and money by claiming fake debts. Block these maggots!
Anonymous
Posted on September 9, 2020Caller type: Unknown
Location: Australia
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