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Hi guys, I have been reading the forums and the amount of helpful information on here is amazing. I am hoping to get some advice about my situation. I am an Australian Citizen but recent UK resident and I am having some issues with a DCA at the moment called Credit Corp. Essentially they are chasing me for a 10k personal loan, that I wasn't be able to pay. I haven't made payments in the last 9 months to 1 year so I am assuming the bank very recently sold it on to them. They have called me at my place of work in the UK to identify me. I did not want them to call me at work again due to the fact that all calls are recorded and listened to by my boss and I work in quite a small company and I have direct contact daily with the CEO and managing director so I dont want this to cause problems. I have a few questions around privacy concerns and also am wanting some advice around what to do. I am not in a financial position to pay the debt at the moment and I am quite sure I will not be returning to Australia within the foreseeable future to live there. I don't want to skip out on this debt, but I am also not in a position to meet their demands or pay much money as most of my salary is eaten up by high living costs here. They have told me they expect me to pay £750-£1000 a fortnight, this is 4x what I was paying on the loan originally, and to be honest even if I could afford this I am debating if it is worth paying to this company. They have made out like the bank is saying that I have to pay this much, when further research shows that they buy debt for pennies on the dollar, so they are trying to make money off of it. I have had 2 discussions with the DCA, one telling me to pay a lump settlement and one about structuring payments. A few concerns I have at this stage around privacy and coercion are as follows : I believe the DCA found my employment details on Facebook as I made this viewable to friends and friends of friends a few days ago, however I don't add people I do not know, so I am concerned about how they have found this information, and if it is through Facebook if they are making fake profiles etc, as I know from a limited amount of research this is not ethical and possibly not legal. Is there a way for me to find out how they got this information? The DCA rep also asked for my address in the UK and I advised I didn't want to give it to them, they advised me this is required by law. I do not believe this is correct. Can someone please verify this? I have given a past address for now, and if it is required I can tell them I have moved and give them my new address. If this is a lie, then essentially what can I/should I do about this? Can I complain, or use this to assist me in getting them to stop contacting me? My main concern at this point is legal ramifications, which from what I have read for the amount of money I owe I should be fairly ok as they probably won't do much apart from make threats. I am only on a short visa, but I believe the company I work for will be able to assist me in obtaining a work permit and then eventually I will be able to get residency and a UK passport. This is a fairly recent debt, so they still have a long time to chase it before statute of limitations set in, do you guys think it may cause me legal issues down the track or that if they sell it to a UK debt collection agency that this will cause problems with UK credit? I don't have any credit at the moment, but this may be something that I need to look into further on down the track if I settle here. I am also worried they won't stop coming for me for the next 5-6 years at least, which would be frustrating and stressful, I guess feeling like I'm looking over my shoulder waiting for the harassment. My main concern is that they will keep harassing me and calling me at work, as letters emails and personal calls are easier to deal with. I have read on the ACCC website that if I write to them and ask them to stop all contact that they will only be able to send court orders etc. and only in writing. Is this accurate? Or will they continue to hound me, as this is the indication I am getting from other people's posts on here. If this is the case would it be better to ask them to contact me by email or post only? If they don't oblige I am gathering I can complain to the ACCC either way, which should help stop them for a little while atleast. I am assuming if I do this they will get their UK attorneys to send me threatening letters and start calling me, again from posts of people in similar situations on this forum. Any advice you can give me would be much appreciated. My main focus at the moment is just getting rid of them for the moment, and then looking into the legal ramifications and options and making a plan from there rather than being pressured into someone who is trying to meet their KPI target for the month and lying to me to get my money. Thanks to all the people that have posted similar situations, it's already been a massive help in easing my mind and helping me not stress about this situation so I can get it resolved one way or the other.
Hello. I am an Australian that moved to the UK 5years ago, i have two passports. I have a credit card debt of $1500 but since it has been passed onto Credit Corp it is going up very fast. I was contacted by the bank to notify that it was being passed on to them a few months ago. Credit Corp have contacted me via email and have left voicemails. The first voicemail that was left for me said that if i did not contact them they would get there U.K agents involved. Is this possible or are they just trying to scare me? If they can get involved, what can they do? I am going to Australia in August for a family matter. Can anything happen when I am there? I plan to make payments once i am back in the UK after Australia but was wondering if i should ignore them until then, or call and see if any arrangements can be made, although i highley doubt they will wait until the end of the year for me to start making payments. I know I will have a bad credit rating in Austalia but will it effect my credit rating in the UK as i plan on living here for much longer. Thank you in advance
Hi all, I've become yet another victim of the Credit Corp bandwagon recently. Thankfully I've found this forum which has provided a great deal of help, however I was wondering if some one who has been put through the CCG mill could advise me on my next steps. To give you a bit of background to my situation; I lived in Sydney for 4 years until 2007 when I came back to England to live. I had a credit card in Australia too. In the UK I am director of a small public limited company that I run with my girlfriend who is a director too. Earlier today I received an email from Credit Corp asking me to call them. They gave no details, did not specifically mention debt, simply asked for me to call their Sydney office. Somehow they've managed to find my email address, possibly from an ex-colleague in Australia, however I don't believe they have my phone number or home address. They are obviously trying to chase up a debt but I was hesitant to make contact as I didn't want it to be seen as an admission. I then received a second email asking me to call. Again, no specific mention of debt, however this time they gave the address of my accountant and asked if they could send some documents through to that address. As I own a limited company I assume they found his details listed on Companies House. I have yet to reply but obviously I don't want them to send details to my accountant, nor do I want them calling him. More of a concern is that if they found my details, they will also find my girlfriends and her family and I really don't want them involved. So my question is. Should I make contact and find out exactly what I'm supposedly accused of. By doing so, I expect they will stop trying to track my phone number and address and hopefully won't hassle my girlfriend, her family or our accountant. Or, should I ignore them and see what happens? My concern is that eventually they will find my address, hassle my girlfriend and family and start some sort of court proceedings. I really don't want that! My gut says ignore them, but my head says find out exactly what they want, then see if its statute barred and officially dispute it with the FOS. I was thinking that I could provide an International private post box address. That might as least prevent them from finding my actual adress.. Any help would be much appreciated. I'm losing sleep over this.