Posted on July 26, 2023 Caller type: Debt collector 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! 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.
5 found this comment helpful
5
Anonymous
Posted on March 8, 2021 Caller type: Unknown Location: Australia
Debt collectors. Call from this number and MANY Similar
5 found this comment helpful
5
Anonymous
Posted on March 9, 2022 Caller type: Scam call Location: Australia
Caller: Probably scam They didn’t leave a voicemail so I guess it’s not important, I never call back numbers that don’t leave me a voicemail.
1 found this comment helpful
1
Sonya
Posted on October 3, 2023 Caller type: Debt collector Location: Australia
Caller: Credit Corp Well said. Just be aware everyone that the statute of limitations varies from state to state. In NSW it's 6 years. In NT it's 3 years. It begins from your first default. What that means is when you are first contacted from the original creditor (the one you owe the money to) that you are overdue, that is the beginning.
0 found this comment helpful
0
Anonymous
Posted on July 24, 2023 Caller type: Debt collector Location: Australia
Caller: CREDIT CORP c*ntS CREDIT CORP c*ntS
0 found this comment helpful
0
Ray
Posted on December 16, 2022 Caller type: Unknown Location: Australia
If THEY don't leave a msg stating what it's in regards too WHY should I even bother returning the call!!!
0 found this comment helpful
0
Anonymous
Posted on August 31, 2021 Caller type: Scam call Location: Australia
Called back and they advised that many businesses use this number. They did not leave a message.
0 found this comment helpful
0
Anonymous
Posted on July 14, 2021 Caller type: Unknown Location: Australia
Dodgy I reakon and if it is a legitimate business they portray as a scam the way they do things
0 found this comment helpful
0
I Called Back
Posted on October 31, 2019 Caller type: Unknown Location: Australia
I called back the number (03) 6217 9861 and reached vm that did not mention the company name
Comments on (03) 6217 9861
Anonymous
Posted on July 26, 2023Caller type: Debt collector
Location: Australia
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!
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.
Anonymous
Posted on March 8, 2021Caller type: Unknown
Location: Australia
Anonymous
Posted on March 9, 2022Caller type: Scam call
Location: Australia
They didn’t leave a voicemail so I guess it’s not important, I never call back numbers that don’t leave me a voicemail.
Sonya
Posted on October 3, 2023Caller type: Debt collector
Location: Australia
Well said. Just be aware everyone that the statute of limitations varies from state to state. In NSW it's 6 years. In NT it's 3 years. It begins from your first default. What that means is when you are first contacted from the original creditor (the one you owe the money to) that you are overdue, that is the beginning.
Anonymous
Posted on July 24, 2023Caller type: Debt collector
Location: Australia
CREDIT CORP c*ntS
Ray
Posted on December 16, 2022Caller type: Unknown
Location: Australia
Anonymous
Posted on August 31, 2021Caller type: Scam call
Location: Australia
Anonymous
Posted on July 14, 2021Caller type: Unknown
Location: Australia
I Called Back
Posted on October 31, 2019Caller type: Unknown
Location: Australia
Do you have a comment about (03) 6217 9861?