Posted on August 8, 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.
4 found this comment helpful
4
Anonymous
Posted on July 9, 2021 Caller type: Unknown Location: Australia
Caller: Credit corp Credit Corp
1 found this comment helpful
1
Recoveries Collector
Posted on October 25, 2017 Caller type: SMS Location: Australia
Debt scumbag
1 found this comment helpful
1
Anonymous
Posted on April 18, 2024 Caller type: Unknown Location: Australia
Rang and hung up
0 found this comment helpful
0
Anonymous
Posted on October 25, 2023 Caller type: Unknown Location: Germany
Caller: Credit corp Rude disrespectful scammer won’t even say the company they work for
0 found this comment helpful
0
Luis
Posted on September 15, 2023 Caller type: Nuisance call Location: Australia
Picked up, no answer, hung up in 2 seconds. Likely as above. One of many numbers that keep calling relentlessly. .....I wonder if the operators just hangs up because they know we won't fall for it anymore, and they have a quota to fill so they don't give a sh!t anymore either...?
0 found this comment helpful
0
Anonymous
Posted on March 21, 2023 Caller type: Debt collector Location: Australia
Caller: CREDIT CORP c*ntS CREDIT CORP c*ntS
0 found this comment helpful
0
Anonymous
Posted on October 5, 2022 Caller type: Unknown Location: United States
Missed call. No voicemail left. Now blocked.
0 found this comment helpful
0
Anonymous
Posted on April 7, 2021 Caller type: Debt collector Location: Australia
I called back and it doesn't give a company name. no intro. It then went to the next available operator to some guy named Pete. Debt guy for sure.
0 found this comment helpful
0
I Called Back
Posted on May 11, 2018 Caller type: Unknown Location: Australia
I called back number (07) 5512 2472 reached voice mail but did not say for what company.
Comments on (07) 5512 2472
Anonymous
Posted on August 8, 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 July 9, 2021Caller type: Unknown
Location: Australia
Credit Corp
Recoveries Collector
Posted on October 25, 2017Caller type: SMS
Location: Australia
Anonymous
Posted on April 18, 2024Caller type: Unknown
Location: Australia
Anonymous
Posted on October 25, 2023Caller type: Unknown
Location: Germany
Rude disrespectful scammer won’t even say the company they work for
Luis
Posted on September 15, 2023Caller type: Nuisance call
Location: Australia
.....I wonder if the operators just hangs up because they know we won't fall for it anymore, and they have a quota to fill so they don't give a sh!t anymore either...?
Anonymous
Posted on March 21, 2023Caller type: Debt collector
Location: Australia
CREDIT CORP c*ntS
Anonymous
Posted on October 5, 2022Caller type: Unknown
Location: United States
No voicemail left.
Now blocked.
Anonymous
Posted on April 7, 2021Caller type: Debt collector
Location: Australia
I Called Back
Posted on May 11, 2018Caller type: Unknown
Location: Australia
Do you have a comment about (07) 5512 2472?