Debt purchase is a receivables management solution that enables organisations to sell their overdue accounts, thereby immediately recovering a portion of their outstanding debts without undertaking a lengthy internal or outsourced collections process.

Credit Corp specialises in the purchase of consumer debt ledgers, such as credit cards and unsecured personal loans.  Purchased debt ledgers (PDLs) are acquired at an agreed price, based on an assessment of the debt recovery levels that are considered attainable from each PDL.

We are committed to forming long-term partnerships with credit providers. Intelligent pricing models developed by our analytics function enable us to provide fair prices for purchased debt ledgers, which meet the objectives of both parties.

Following PDL acquisition, Credit Corp's highly skilled collection teams negotiate directly with our customers to recover the outstanding debts, with the aim of reaching a repayment outcome that is achievable and appropriate.

Credit Corp has adopted a customer service approach to debt collection which takes financial hardship situations into consideration. We consider various options for the repayment of accounts, including the establishment of periodic payment arrangements.

A combination of industry experience, commitment to legislative compliance, sophisticated data analysis systems and a customer-centric collections approach has seen Credit Corp become one of Australia's most successful debt purchase companies.

Business development enquiries
Debt sale offers an efficient and cost effective alternative to other receivables management solutions. Financial institutions considering a debt ledger sale should contact us to enquire about Credit Corp's participation in that process.