Posted on May 21, 2024 Caller type: Debt collector Location: United States
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 , 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.
4 found this comment helpful
4
Anonymous
Posted on August 26, 2020 Caller type: Unknown Location: Australia
Caller: Credit Corp debt collectors Don’t answer
3 found this comment helpful
3
Peter
Posted on May 24, 2024 Caller type: Financial services Location: Australia
Caller: Credit Corp Credit Corp continually chasing my father for old credit card debts. My father died 9 years ago and these parasites keep on harassing me and my relatives and other friends for statute barred debts from a dead man. Numerous complaints to AFCA and no action is taken against the directors of Credit Corp, they are simply criminals who operate beyond the law and more importantly complete scum, block all their phone numbers, never accept their calls, and simply pray that karma gets them.
1 found this comment helpful
1
Anonymous
Posted on March 9, 2022 Caller type: Unknown Location: Australia
Spammer. Don't pickup
1 found this comment helpful
1
I Called Back
Posted on October 11, 2018 Caller type: Unknown Location: Australia
I called back number (07) 5512 2470 spoke to a woman but did not say for what company.
1 found this comment helpful
1
Anonymous
Posted on December 18, 2023 Caller type: Unknown Location: Australia
Another scam when does it ever end ??
0 found this comment helpful
0
Anonymous
Posted on September 19, 2023 Caller type: Nuisance call Location: Australia
Caller: Credit Corp scammers Scammers and conartists trying to get your details and money for fake debts. They are liars and thieves. Ignore block and lodge a complaint to AFCA.
0 found this comment helpful
0
Will Caresnot
Posted on September 26, 2022 Caller type: Debt collector Location: Australia
Caller: Creditcorp thieves Who else chases 15+ yo debt from 2 x exwives ago???
0 found this comment helpful
0
Anonymous
Posted on February 7, 2022 Caller type: Scam call Location: Australia
Credit Corp Scammers
0 found this comment helpful
0
Anonymous
Posted on July 2, 2021 Caller type: Unknown Location: Australia
Credit Corp. Block this number. Third party interlopers, trying to get money.
0 found this comment helpful
0
Anonymous
Posted on July 1, 2021 Caller type: Unknown Location: Australia
Credit Corp. Block this number.
0 found this comment helpful
0
Anonymous
Posted on February 12, 2021 Caller type: Unknown Location: Australia
Comments on (07) 5512 2470
Anonymous
Posted on May 21, 2024Caller type: Debt collector
Location: United States
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 , 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 August 26, 2020Caller type: Unknown
Location: Australia
Don’t answer
Peter
Posted on May 24, 2024Caller type: Financial services
Location: Australia
Credit Corp continually chasing my father for old credit card debts. My father died 9 years ago and these parasites keep on harassing me and my relatives and other friends for statute barred debts from a dead man. Numerous complaints to AFCA and no action is taken against the directors of Credit Corp, they are simply criminals who operate beyond the law and more importantly complete scum, block all their phone numbers, never accept their calls, and simply pray that karma gets them.
Anonymous
Posted on March 9, 2022Caller type: Unknown
Location: Australia
I Called Back
Posted on October 11, 2018Caller type: Unknown
Location: Australia
Anonymous
Posted on December 18, 2023Caller type: Unknown
Location: Australia
Anonymous
Posted on September 19, 2023Caller type: Nuisance call
Location: Australia
Scammers and conartists trying to get your details and money for fake debts. They are liars and thieves. Ignore block and lodge a complaint to AFCA.
Will Caresnot
Posted on September 26, 2022Caller type: Debt collector
Location: Australia
Who else chases 15+ yo debt from 2 x exwives ago???
Anonymous
Posted on February 7, 2022Caller type: Scam call
Location: Australia
Anonymous
Posted on July 2, 2021Caller type: Unknown
Location: Australia
Anonymous
Posted on July 1, 2021Caller type: Unknown
Location: Australia
Anonymous
Posted on February 12, 2021Caller type: Unknown
Location: Australia
Do you have a comment about (07) 5512 2470?