Posted on September 13, 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.
1 found this comment helpful
1
Anonymous
Posted on June 24, 2023 Caller type: Unknown Location: Australia
This number calls every couple of days no message left. Don’t answer calls I don’t know. Never leave a message
1 found this comment helpful
1
Anonymous
Posted on July 13, 2021 Caller type: Unknown Location: Australia
Caller: Debt collector Trying to get information on someone
1 found this comment helpful
1
Anonymous
Posted on October 21, 2019 Caller type: Unknown Location: Australia
Keep calling from Gosford NSW???
1 found this comment helpful
1
I Called Back
Posted on August 1, 2018 Caller type: Unknown Location: Australia
I called back number (02) 4302 4864 spoke to a guy but did not say for what company.
1 found this comment helpful
1
Anonymous
Posted on August 10, 2023 Caller type: Unknown Location: Australia
no message was left
0 found this comment helpful
0
Anonymous
Posted on April 14, 2023 Caller type: Debt collector Location: Australia
Caller: CREDIT CORP c*ntS CREDIT CORP c*ntS
0 found this comment helpful
0
Luis
Posted on March 6, 2023 Caller type: Unknown Location: Australia
Adding to the existing reports above. No voicemail and I’m not doing anything beyond reporting it here… don’t pick up unknown calls… don’t give personal info!!
0 found this comment helpful
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Anonymous
Posted on March 3, 2022 Caller type: Unknown Location: Australia
Caller: Scam Scam
0 found this comment helpful
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Anonymous
Posted on August 9, 2021 Caller type: Debt collector Location: Australia
Debt collectors
0 found this comment helpful
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Anonymous
Posted on July 23, 2021 Caller type: Unknown Location: Australia
Credit Crap
0 found this comment helpful
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Anonymous
Posted on May 12, 2021 Caller type: Unknown Location: Australia
I rang the number back and said it was a central switch board and would not tell me what company so it is either a scam or a debt collector !
Comments on (02) 4302 4864
Anonymous
Posted on September 13, 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 June 24, 2023Caller type: Unknown
Location: Australia
Anonymous
Posted on July 13, 2021Caller type: Unknown
Location: Australia
Trying to get information on someone
Anonymous
Posted on October 21, 2019Caller type: Unknown
Location: Australia
I Called Back
Posted on August 1, 2018Caller type: Unknown
Location: Australia
Anonymous
Posted on August 10, 2023Caller type: Unknown
Location: Australia
Anonymous
Posted on April 14, 2023Caller type: Debt collector
Location: Australia
CREDIT CORP c*ntS
Luis
Posted on March 6, 2023Caller type: Unknown
Location: Australia
Anonymous
Posted on March 3, 2022Caller type: Unknown
Location: Australia
Scam
Anonymous
Posted on August 9, 2021Caller type: Debt collector
Location: Australia
Anonymous
Posted on July 23, 2021Caller type: Unknown
Location: Australia
Anonymous
Posted on May 12, 2021Caller type: Unknown
Location: Australia
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