Caller: Credit Corp

Credit Corp

I received a scam hoax phone call from Credit Corp (02) 4302 4837 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.

I have also received harassing phone calls from Credit Corp on the following phone numbers:

(07) 5512 2415
(02) 8024 9450
(02) 6310 9437
(02) 4302 4872
(08) 8448 0678
(03) 9448 2604
(08) 8448 0604
(03) 6217 9844
(07) 3144 6377
(08) 6220 6662
(03) 9448 2631
(08) 6220 6611
(08) 6220 6602
(07) 3144 6331
(03) 6217 9890
(02) 6310 9411
(07) 3144 6347
(08) 6220 6608
(03) 5202 4136
(02) 6310 9429

I called back the number (02) 4302 4837 and the lady on the other line said I reached a Conference switchboard

Caller: Credit Corp

I answered this call but I did not say anything. There was nothing said on the other end and the call ended. I know it's Credit Corp and I do not have a contract with them.

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.

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

Yep debt collector