Posted on February 6, 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
5 found this comment helpful
5
Anonymous
Posted on October 30, 2019 Caller type: Unknown Location: Australia
Credit corp
3 found this comment helpful
3
Anonymous
Posted on November 4, 2022 Caller type: Unknown Location: Australia
Credit Corp. BLOCK & NEVER ANSWER
1 found this comment helpful
1
Stephen
Posted on March 31, 2025 Caller type: Scam call Location: Australia
Caller: Credit Corp - ILLEGAL PHONE HAMMERING They hammer your phone daily 3-5 times and they are only ,eamt to call 3 times a week
0 found this comment helpful
0
Anonymous
Posted on April 26, 2023 Caller type: Unknown Location: Australia
Caller: Credit corp This is Credit Corp. foxtel on forward their unpaid debts to this company. Harassing past employers and previous partners for unpaid debts. Pure harassment and bullying.
0 found this comment helpful
0
Credit Corp
Posted on July 18, 2017 Caller type: Unknown Location: Australia
I called back number (03) 9448 2653 spoke to a guy who said I've reached a private company but based on the questions he asked its for Credit Corp.
Comments on (03) 9448 2653
Anonymous
Posted on February 6, 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 October 30, 2019Caller type: Unknown
Location: Australia
Anonymous
Posted on November 4, 2022Caller type: Unknown
Location: Australia
Stephen
Posted on March 31, 2025Caller type: Scam call
Location: Australia
They hammer your phone daily 3-5 times and they are only ,eamt to call 3 times a week
Anonymous
Posted on April 26, 2023Caller type: Unknown
Location: Australia
This is Credit Corp. foxtel on forward their unpaid debts to this company. Harassing past employers and previous partners for unpaid debts. Pure harassment and bullying.
Credit Corp
Posted on July 18, 2017Caller type: Unknown
Location: Australia
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