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

They called and hung up when I answered. This happened more then once.

When I called back the recorded message said Credit Corp.

Wouldn’t they be able to leave a negative listing on your credit file then? Thank you for your help in advance and thank you for taking time to explain to the rest of us how all this works!

I received a scam hoax phone call from (08) 6220 6662 on my unlisted phone number and they did not leave a message and when you ring the number back they will not disclose their organisations name so I blocked the number. The Australian Competition & Consumer Commission (ACCC) produces a Debt collection guideline for collectors & creditors https://www.accc.gov.au/publications/debt-collection-guideline-for-coll… Unnecessary or unduly frequent contacts may amount to undue harassment of a debtor. The ACCC recommends that you do not contact a debtor more than three times per week, or 10 times per month at most.

If these bottom feeders had a legal leg to stand on they would issue a summons to retrieve the debt, the reason that they don't is that they are committing fraud.

SCAMMER!
DO NOT answer
DO NOT call bak
They perform illegal activities

Wouldn’t they be able leave default listing on your credit file?

Report this scam phone number from dodgy Credit Corp to the ACCC Scamwatch https://www.scamwatch.gov.au/report-a-scam

Persistent calling

Caller: Yep it’s credit corp

If you don’t no the number let it go to msg bank if it’s important thay will leave a msg if thay don’t carnt be to importand

Caller: Debt collector

They have called 3 times already today for someone else

I called back number (08) 6220 6662 spoke to a woman who said company name is Credit Corp.