Posted on April 22, 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.
3 found this comment helpful
3
Anonymous
Posted on May 3, 2021 Caller type: Debt collector Location: Australia
Caller: Credit corp These guys aren’t scammers. If you have a family member with any sort of debts, they will call you also. Just tell them to take you off their calling lists
2 found this comment helpful
2
Anonymous
Posted on November 9, 2021 Caller type: Debt collector Location: Australia
Credit corporate
0 found this comment helpful
0
I Called Back
Posted on January 28, 2021 Caller type: Unknown Location: Australia
I called back number (07) 5512 2492 reached voice mail but did not say for what company.
0 found this comment helpful
0
Anonymous
Posted on January 25, 2021 Caller type: Unknown Location: Australia
Comments on (07) 5512 2492
Anonymous
Posted on April 22, 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 May 3, 2021Caller type: Debt collector
Location: Australia
These guys aren’t scammers. If you have a family member with any sort of debts, they will call you also. Just tell them to take you off their calling lists
Anonymous
Posted on November 9, 2021Caller type: Debt collector
Location: Australia
I Called Back
Posted on January 28, 2021Caller type: Unknown
Location: Australia
Anonymous
Posted on January 25, 2021Caller type: Unknown
Location: Australia
credit corp call center - uses (07) 5512 2400 - (07) 5512 2499 ,
do a search of the range if you want to check - block the range
Anonymous
Posted on July 13, 2020Caller type: Scam call
Location: Australia
Scammers
Anonymous
Posted on October 25, 2019Caller type: Nuisance call
Location: Australia
They have been calling me 3 times a day with similar numbers. Most starting with 07 5512 xxxx
I Called Back
Posted on January 10, 2019Caller type: Unknown
Location: Australia
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