Have you been contacted by JMA Credit Control because you’ve fallen behind on your debts? Right now these guys are chasing you with letters and calls.
It’s a scary thought to have recovery action put against you. One minute you’re all safe and stable, and the next you’re just not sure what to do. Am I right?
Like your bank account balance is looking so slim. You keep promising that you’ll pay such and such, but it just never happens. Weeks and months go by and the bills just keep mounting. So little money left for rent, fuel and food. Let’s not forget taxes either!
Discover why you’ve received those demanding letters and phone calls from JMA Credit Control and if this is indeed an actual scam or legitimate company.
Because we’re all about researching here at The Debt Free Community. We’re always eager to know if people are being taken for a ride or if it’s a genuine demand.
Let’s dig a little deeper now.
What is JMA Credit Control
These guys are experts in debt recovery. Unlike other companies which buy debts for 20c on the dollar and make a significant markup, these guys operate differently.
What they do is that they work for business clients. Let’s say you have an accountant but you’re not paying him because your cashflow sucks. Your accountant (by now, your ex-account we’re sure) gets in touch with JMA Credit Control for recovery action.
They will be more stern, demanding and essentially tougher to recover the money. Why? They earn a commission on anything they recover. It varies but it can be up to 20%! There is a vested-interest for them to recover the money much faster too.
See – their staff are pushed with performance KPIs and incentives. “If you collect XYZ this month we’ll give you a big bonus” – that sort of thing.
So it’s clear that JMA Credit Control are in the business of debt recovery in Australia. If they play Mr Nice Guy, then people who owe money start to become a little relaxed. This is why they take the tougher (ruder) stance over the phone.
Let’s go into some more details:
Is JMA Credit Control a scam?
No – this Australian company is actually legit. You’ve fallen into genuine trouble and owe someone money right now which is being collected by JMA Credit Control. You gotta sit up and pay attention to the reality of what’s happening at this moment.
Why are they chasing me?
You owe someone some money. It’s really that simple. It could be a few thousand dollars or tens of thousands of dollars. Since they have struggled to recover that money previously, it’s now the job of JMA to do the dirty work. These guys are born professionals at this job.
JMA Credit Control letter
Did you get a demanding letter from JMA Credit Control in Australia? It probably read something like “You now have 7 days in which to make full payment of the arrears, or potential legal action is pending”. It was worded very strongly, right? Like a guilty until proven innocent approach.
They’re probably not bluffing either. It starts with a letter, then it expands to phone calls and SMS messages. Next, they’ll be contacting your friends and family. How do they know these details? They’ve already looked through your Facebook account, including your recent photos and comments. It’s all there in black and white.
Can they take me to court?
Oh – they certainly can! It’s a much more expensive process for you, but for them, they do it all the time. For that reason, they get discounts on lawyers. Plus they have all the paperwork which proves you have a debt, so the magistrate won’t be too happy about your case at all.
But they can’t come to my house, right?
Australian laws permit debt collectors to visit private residences up to 9pm at night. This includes daylight hours on Sunday. Just imagine having a family BBQ and you suddenly get a door knock from a debt collector. How embarrassing! There are ways to stop that completely from happening by getting in touch with us.
Can I just ignore this fiasco?
Nope, you can’t. It actually just gets worse. You get penalties and additional interest added to the original loan or debt. They do this to punish you for not responding to their demands earlier. You don’t want them coming to your house, calling your friends or taking you to Court, do you? Take action now and do something.
So what can I do?
You really have a few options here:
- Talk to them. It might be a bit scary though.
- Talk to the National Debt Helpline if you’re in serious dire straits
- Contact us and we’ll be able to access if we can just talk to them for you.
Many people like Option #3 because it takes a lot of the burden away. You’ll never have to pick up the phone or get nasty letters ever again. Let someone else handle all that stress for you!
We would recommend that you do something TODAY.
Remember – we said at the start that “Here’s what to do NOW”
This is serious business. You’re in some real trouble which needs to be addressed.
Ignoring this problem won’t achieve anything unfortunately. You need to be proactive.
While you can certainly talk to them, so many people are nervous.
This is why The Debt Free Community has partnered with a great bunch of people.
A friendly team who is warm and is willing to listen to your stories.
Lost your job? Stuck in a bad relationship? They’ll be happy to hear it.
Then hopefully a good solution can be made for the situation here.
At least, something better than where you are today.