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!
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.

Credit Corp. they have a lot of numbers beginning with 02 5202

I called back number (03) 5202 4138 spoke to a woman but did not say for what company.

Credit Corp keep calling like 10 times a day even there not suppose you that many times there only allow 5 times a mth

Caller: CREDIT CORP c*ntS

CREDIT CORP c*ntS

Caller: Credit corp

Creditcorp

Caller: Credit Corp Debt Collection

I say my name until I know who & the business I'm talking to. But they don't tell you until they've verified your name. So it becomes a stand-off. I think it's funny.
I don't answer strange numbers anymore

Why buy debt without an original signed contract by both parties?? Nice try

Caller: Woman said her name was René

Answered my return call like it a business as she stated her name, "Hello your speaking with René", but no company name. So i asked "sorry who" hoping she would say. But only said again "my name is René".
I get harrassed every day multiple times by this number. I do not have any outstanding debts but i believe this number to be from a debt collection agency