Posted on September 11, 2023 Caller type: Debt collector Location: Australia
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.
2 found this comment helpful
2
Anonymous
Posted on January 2, 2019 Caller type: Unknown Location: Australia
lion finance scum
1 found this comment helpful
1
Lion Finance
Posted on November 29, 2023 Caller type: Financial services Location: Australia
talked to a guy from Lion Finance who called me using this number (03) 9966 8050
0 found this comment helpful
0
Lion Finance
Posted on November 21, 2023 Caller type: Financial services Location: Australia
someone called me using this number (03) 9966 8050 and said it's from Lion Finance
0 found this comment helpful
0
Lion Finance
Posted on November 13, 2023 Caller type: Financial services Location: Australia
talked with a guy in Lion Finance who called me using this number (03) 9966 8050
0 found this comment helpful
0
Lion Finance
Posted on November 6, 2023 Caller type: Financial services Location: Australia
Lion Finance called me from this number (03) 9966 8050 before
0 found this comment helpful
0
Lion Finance
Posted on October 26, 2023 Caller type: Company Location: Australia
tried to call this number (03) 9966 8050 back and was routed to Lion Finance
0 found this comment helpful
0
Lion Finance
Posted on October 19, 2023 Caller type: Financial services Location: Australia
someone called me again using thsi number (03) 9966 8050 and mentioned Lion Finance
0 found this comment helpful
0
Lion Finance
Posted on October 11, 2023 Caller type: Financial services Location: Australia
missed a call from this number Lion Finance but I've no idea who it was
0 found this comment helpful
0
Lion Finance
Posted on October 3, 2023 Caller type: Financial services Location: Australia
Lion Finance called me a few times using this number (03) 9966 8050
0 found this comment helpful
0
Lion Finance
Posted on September 25, 2023 Caller type: Financial services Location: Australia
Talked to someone from this number (03) 9966 8050 and mentioned Lion Finance
0 found this comment helpful
0
I Called Back
Posted on September 18, 2023 Caller type: Unknown Location: Australia
got a missed call from this number (03) 9966 8050 but when I rang back there was no answer
0 found this comment helpful
0
Lion Finance
Posted on September 7, 2023 Caller type: Financial services Location: Australia
Lion Finance rang me a few times using this number (03) 9966 8050
0 found this comment helpful
0
Lion Finance
Posted on August 30, 2023 Caller type: Financial services Location: Australia
talked with someone from Lion Finance who called me from this number (03) 9966 8050
0 found this comment helpful
0
Lion Finance
Posted on August 23, 2023 Caller type: Financial services Location: Australia
someone called me again using this number (03) 9966 8050 and mentioned Lion Finance
0 found this comment helpful
0
Lion Finance
Posted on August 16, 2023 Caller type: Financial services Location: Australia
Lion Finance called me again from this number (03) 9966 8050
0 found this comment helpful
0
Lion Finance
Posted on August 8, 2023 Caller type: Financial services Location: Australia
Got a missed call from this number (03) 9966 8050, when I rang back it was from Lion Finance
0 found this comment helpful
0
Lion Finance
Posted on August 1, 2023 Caller type: Financial services Location: Australia
A lady in Lion Finance called me again using this number (03) 9966 8050
0 found this comment helpful
0
Lion Finance
Posted on July 24, 2023 Caller type: Financial services Location: Australia
called back this number and was routed to Lion Finance voicemail
0 found this comment helpful
0
Lion Finance
Posted on July 17, 2023 Caller type: Financial services Location: Australia
I returned a call from the number (03) 9966 8050Lion Finance and spoke with someone who mentioned the company Lion Finance
Comments on (03) 9966 8050
Anonymous
Posted on September 11, 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 ,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 January 2, 2019Caller type: Unknown
Location: Australia
Lion Finance
Posted on November 29, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on November 21, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on November 13, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on November 6, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on October 26, 2023Caller type: Company
Location: Australia
Lion Finance
Posted on October 19, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on October 11, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on October 3, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on September 25, 2023Caller type: Financial services
Location: Australia
I Called Back
Posted on September 18, 2023Caller type: Unknown
Location: Australia
Lion Finance
Posted on September 7, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on August 30, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on August 23, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on August 16, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on August 8, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on August 1, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on July 24, 2023Caller type: Financial services
Location: Australia
Lion Finance
Posted on July 17, 2023Caller type: Financial services
Location: Australia
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