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
3 found this comment helpful
3
Anonymous
Posted on November 29, 2021 Caller type: Debt collector Location: Australia
Caller: Credit Corp Credit Corp scammer
1 found this comment helpful
1
Anonymous
Posted on July 16, 2024 Caller type: Unknown Location: Australia
Scammers
0 found this comment helpful
0
Anonymous
Posted on November 2, 2023 Caller type: Scam call Location: Australia
Caller: Credit Corp scammers Scammers wanting your details and money. They are grifters and liars. Ignore and block.
0 found this comment helpful
0
Anonymous
Posted on August 12, 2021 Caller type: Unknown Location: Australia
Caller: They didn’t state the company They just said it was about some “personal business” and didn’t elaborate.
0 found this comment helpful
0
Anonymous
Posted on August 10, 2021 Caller type: Unknown Location: Australia
Credit Corp. Scammers asking for money. Block this number.
0 found this comment helpful
0
Anonymous
Posted on August 10, 2021 Caller type: Unknown Location: Australia
Credit Corp. Block this number
0 found this comment helpful
0
Anonymous
Posted on April 30, 2020 Caller type: Unknown Location: Australia
Got a call but no voice mail left
0 found this comment helpful
0
I Called Back
Posted on October 10, 2019 Caller type: Unknown Location: Australia
I rang back the number (03) 5202 4119 once but got disconnected
Comments on (03) 5202 4119
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 November 29, 2021Caller type: Debt collector
Location: Australia
Credit Corp scammer
Anonymous
Posted on July 16, 2024Caller type: Unknown
Location: Australia
Anonymous
Posted on November 2, 2023Caller type: Scam call
Location: Australia
Scammers wanting your details and money. They are grifters and liars. Ignore and block.
Anonymous
Posted on August 12, 2021Caller type: Unknown
Location: Australia
They just said it was about some “personal business” and didn’t elaborate.
Anonymous
Posted on August 10, 2021Caller type: Unknown
Location: Australia
Block this number.
Anonymous
Posted on August 10, 2021Caller type: Unknown
Location: Australia
Anonymous
Posted on April 30, 2020Caller type: Unknown
Location: Australia
I Called Back
Posted on October 10, 2019Caller type: Unknown
Location: Australia
Do you have a comment about (03) 5202 4119?