how to beat panthera finance

", Not a day goes by where our financial counsellors aren't speaking to people who have been impacted by debt collectors in some way. Checked for accuracy by our qualified fact-checkers and verifiers. Theres a reason for this: YOUR CREDIT FILE. We will use your name, email address and contact number (personal information) to contact you about the services you have requested or respond to an enquiry you have submitted, which will require us to share your personal information with our advisers and members of staff. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[320,50],'thedebtfreecommunity_com_au-box-3','ezslot_4',125,'0','0'])};__ez_fad_position('div-gpt-ad-thedebtfreecommunity_com_au-box-3-0');if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[320,50],'thedebtfreecommunity_com_au-box-3','ezslot_5',125,'0','1'])};__ez_fad_position('div-gpt-ad-thedebtfreecommunity_com_au-box-3-0_1'); .box-3-multi-125{border:none !important;display:block !important;float:none !important;line-height:0px;margin-bottom:7px !important;margin-left:auto !important;margin-right:auto !important;margin-top:7px !important;max-width:100% !important;min-height:50px;padding:0;text-align:center !important;}The debt collectors from Panthera Finance are chasing you! All three consumers were subjected to repeated and intrusive calls from Panthera, and had to take multiple steps to prove they did not owe the alleged debt.. Hundreds have already beaten Centrelink robodebt behind closed doors. It has a $450 million market capitalisation. Scammers are impersonating Panthera and are trying to trick you. This way you can deal with debt collectors like Panthera Finance. There are some smaller companies which are just rogues, but there are also some larger ones that financial counsellors continue to say are hard to deal with, for example, in not recognising family violence or not negotiating affordable hardship arrangements. Panthera did not issue you with an outstanding amount. In one case in particular, the ACCC alleges that Panthera Finance used coercion, made false representations and engaged in unconscionable conduct when dealing with the consumer, even though it knew the consumer urgently needed an incorrect credit default listing removed to obtain finance for a new car. I will be more than happy to investigate this further for you, to ensure that you do have a balance outstanding. Panthera Finance Financial Services Toowong, Queensland 1,870 followers Panthera Finance is one of Australia's largest debt buyers and collectors, committed to getting customers out of debt. We took this case because of the concerning way Panthera dealt with these consumers who did not owe any money, ACCC Commissioner Sarah Court said. One day in 2016 I came home to discover my gas had been disconnected. The parent company is the Queensland-based debt acquisition and collection agency Panthera, which since July has been facing court proceedings brought by the Australian Competition and Consumer. Read more: We integrate financial services with digital-first, data driven solutions. 91 0 obj <>/Filter/FlateDecode/ID[<67EC803A3CDD1DE50B064399B9D73164>]/Index[79 34]/Info 78 0 R/Length 79/Prev 337865/Root 80 0 R/Size 113/Type/XRef/W[1 3 1]>>stream I was convinced it is a scam since they got my name wrong and was ready to just ignore it but when I looked it up, it showed that it is a real debt collector company tho they . We can help, and we want to help! The Federal Court has ordered that Panthera Finance Pty Ltd pay $500,000 in penalties for unduly harassing three consumers over debts they did not owe and for misleading one of the three consumers. Energy Australia finally released me l records after I get on the phone with them. n3kGz=[==B0FX'+tG,}/Hh8mW2p[AiAN#8$X?AKHI{!7. For over 15 years, we have provided affordable and flexible credit management solutions that empower customers to restore their financial health. I plan on calling them tomorrow and finding out whats what, because I'm 95% certain I owe nothing. If the debt is in relation to a specific debt that youre aware of that is outstanding and it has been sold or now being managed by Panthera Finance, you should make contact to discuss the options. "In this case, we allege Panthera's conduct was particularly egregious as we understand they continued to harass these three consumers after they became aware that they didn't owe any money. "I can't give you what you're asking," Mary told them. "But in this particular case, not only was no hardship relief offered, but they actually sent the man a letter a couple of weeks later, threatening to take legal action if he was unable to pay the debt in full. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. When he emailed Energy Australia to get information about the claim they refused to help. I received a letter over a year ago about this and emailed them that it couldn't be me that has this debt, the name on the letter wasn't exactly right and I knew I never had an account with Energy Australia. Any fine they might get is unlikely to change business practices, because business as usual appears to make debt collection very profitable. *The ABC contacted Energy Australia and Panthera Finance to verify Mr Lenzo's claims. In July 2018, ACM Group Limited, another collections firm, was fined $750,000 for actions including, "ongoing harassment of a care facility resident who had difficulty communicating after suffering multiple strokes". Currently, the consumer has very little to no power. Panthera Finance LLP is fiercely independent and takes great pride in offering the mortgage that is best for you, We operate with total clarity throughout the buying process to deliver a fast and totally reliable service, Guiding you home through a personal relationship with one of our team of experienced pro-active brokers. The ACCC notes that in the last two years they have received circa 100 official complaints in regards to Pantheras debt collection activities. N')].uJr AEST = Australian Eastern Standard Time which is 10 hours ahead of GMT (Greenwich Mean Time), abc.net.au/news/i-never-thought-i-would-end-up-being-chased-by-debt-collectors/11685450, Get breaking news alerts directly to your phone with our app, Help keep family & friends informed by sharing this article, Debt collectors are bankrupting Australians, Child abuser superannuation loophole to be closed by federal government, 'Starved' national galleries and museums hopeful of May budget cash lifeline, Ukraine's interior minister among 14 dead after helicopter crashes near kindergarten outside Kyiv, Teenage boys in custody after reports of gun shots in Queensland's Western Downs spark emergency declaration, Passengers heard 'bang' as Qantas flight crossed the Pacific, pilot issued mayday call, Unheralded Aussie steals the show with freakish moment at Australian Open, Thanasi Kokkinakis sets up clash with Andy Murray after marathon delay, Church of England bishops refuse to allow same-sex marriages after years of debate, Days after deadly Yeti Airlines crash, grieving families wait for Nepalese authorities to return the bodies, in breach of the ACCC's debt collection guidelines, ongoing harassment of a care facility resident. Heres how you can do it. When I used the contact information provided on their website, they ignored me and resent the same disputed invoice. Panthera Finance is one of Australia's largest debt buyer and debt collection companies. wG xR^[ochg`>b$*~ :Eb~,m,-,Y*6X[F=3Y~d tizf6~`{v.Ng#{}}jc1X6fm;'_9 r:8q:O:8uJqnv=MmR 4 What we need is specific legislation covering the debt collection industry as a whole, "In our experience, many of the problems with the debt collection industry are with debt collectors that are not members of EDR schemes," says Fiona Guthrie. We recently heard the story of one woman whose experience with a debt collector, which dragged on for two years, was particularly gruelling. An EA spokesman acknowledged a portion of the bill sent to Mr Lenzo was incorrect and said Energy Australia had withdrawn the full amount in recognition of "inconvenience caused". if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'thedebtfreecommunity_com_au-box-4','ezslot_1',126,'0','0'])};__ez_fad_position('div-gpt-ad-thedebtfreecommunity_com_au-box-4-0');Some of these debt collection tactics are purely dodgy. This is very concerning, given all of these organisations are dealing with people who are often in vulnerable circumstances. There are no promises of success nor is there a magic bullet that will instantly get you out of debt. Skipadee2 3 yr. ago. Only communicate with them in writing (and only to tell them to fudge off and stop harassing you). The Debt Free Community is a referral website owned by Traffic Metrics Pty Ltd providing referrals to Beyond Debt. On weekends its between 9am and 9pm, even on Sundays. Those letters, text messages and phone calls can be stopped within days. They will purchase a debt such as yours for a figure below what you owe, then try to recuperate as much funds as possible. Here she gained vast experience in working with high net worth and ultra high net worth clients to assist in delivering for their mortgage and structured finance needs. Common companies which will onsell bad debts owed by customers include Telcos (such as Telstra, Vodafone, Optus etc) and utilities providers (such as Origin, Energy Australia and AGL). Energy Australia will not assist - they referred him to Panthera. 2y.-;!KZ ^i"L0- @8(r;q7Ly&Qq4j|9 Panthera Finance is a dynamic and ever evolving company that supports and grows their staff. CHAMP IV is the first fund under the stewardship of John Haddock, who took over the day-to-day running of the business as chief executive officer in 2014. But if not you can still work in the office. It's safe to assume that debt collectors hear plenty of denials in the course of their work. Did your identity get stolen? Go and reward yourself. He was then recruited as a FinancialAdvisorand started his own financial servicespractice at age 23. Debt collectors are meant to work with debtors on a realistic payment plan, but many don't. Suddenly, I had become one of thousands of Australians each year who are faced with a disputed debt. Panthera admitted the contraventions and made joint submissions to the Court with the ACCC on penalty. Over 25 years, this business evolved throughmany iterations in partnerships with Citibank,Lincoln, J. Rothschild Assurance and wasfinally sold to St. Jamess Place in 2016.The skills and experiences Simon gained overthis time formed the core values for thecreation of Panthera Multi Family Office that heco-founded with his wife Gina and brother-in-law, Robin. But a few weeks later I received a bill for about $1,900. We dont ask you for money upfront, and were very nice too. AFCA ruled in my favour, awarding me 80 per cent of the maximum amount in compensation. Ask us to step in! We want to warn all debt collection agencies that the kind of conduct alleged in this case is not acceptable and will be the subject of further enforcement action against other businesses if necessary, Ms Court said. Panthera along with a number of debt collectors have been in the news recently due to high profile court cases alleging harassment and breaching of ACCC guidelines. This is a great extrinsic motivation. 10 online scams you need to know about. Once you've repaid the full amount. Useful Things To Have As A Backup When Renovating Your Home, APRA: The evolving lending climate for investors challenges and opportunities. But what? endstream endobj 80 0 obj <><><>]/ON[93 0 R]/Order[]/RBGroups[]>>/OCGs[93 0 R]>>/Pages 77 0 R/Type/Catalog>> endobj 81 0 obj <>>>/Rotate 0/Type/Page>> endobj 82 0 obj <>stream In July 2019, the ACCC filed suit against ARL's parent company, Panthera, for undue harassment and coercion, unconscionable conduct, and a false representation in the course of trying to collect electricity and telco debts from people who didn't actually owe the money. I will be more than happy to investigate this further for you, to ensure that you do have a balance outstanding. Help using this website - Accessibility statement. You don't regain the capital to which you lost access. I know this is an old post but would like to put my experience on here. free barista coffees and office incentives. In this guide, were going to talk about what is personal insolvency and the differences it has when compared to other, Did you know that lenders do provide better home loan rates where you can refinance your mortgage with bad credit? Perhaps unpaid credit card repayments, loan arrears and bills which are well past their due dates. Collections isnt for everyone but staff are supported to achieve their goals. Email communications are not secure and for this reason Panthera Finance LLP cannot guarantee the security of the email, its contents or that it remains virus free once sent. As part of the ABC'sAustralia Talks project, we are asking people to share their experiences of life in Australia. However they did not prove it, and so I did not pay. %%EOF V)gB0iW8#8w8_QQj@&A)/g>'K t;\ $FZUn(4T%)0C&Zi8bxEB;PAom?W= hVmoF++K"5]XS$Kr}qPm3$W[Vayfgyf b#Q@|/$'K TD"I'"B We invest heavily in compliance, complaints procedures, training and customer experience. and they looked into the "debt" and found it was in fact paid, they instructed Panthera to cease collections activities and ever since they have left me alone. Panthera Finance has an exponential growth story and has established itself as the second largest PDL acquirer in the Australian market. Get the latest product reviews, money-saving tips and more. I found this forum with a Google search. Panthera Finance is a debt collection company which buys debts off other businesses who are owed money. @Baysew: We tried the email - they would not provide any information. I'll skip steps 2 and 3 here, 'cause it ain't your debt. All rights reserved.Privacy Policy. It is of concern as it looks like it is either a scam or identity theft. Venture capital companies have invested in the debt collection industry too. use our interactive tool available in English, simplified Chinese, Arabic and Vietnamese. Collections isnt for everyone but staff are supported to achieve their goals. Our 100% FREE quick phone call can help you learn more about this. Panthera acknowledged this, but stated they were calling me for multiple debts and that I had mislead FOS by not disclosing this. But if you know its your debt, then we can help. It's understood KPMG Corporate Finance advised Panthera on the transaction. In December 2018, the Federal Court ordered one of Australias largest debt collection firms, ACM Group Ltd, to pay $750,000 in penalties for ACMs misleading, harassing, coercive and unconscionable pursuit of underpaid debts from two vulnerable consumers. This is great news, however, debt collectors are still out to get you. Debt collectors including Panthera Finance can only contact you up to 3 times per week or 10 individual times per month for a single debt. Panthera Finance LLP is fiercely independent and takes great pride in offering the mortgage that is best for you We operate with total clarity throughout the buying process to deliver a fast and totally reliable service Guiding you home through a personal relationship with one of our team of experienced pro-active brokers Again, we dont charge anything upfront at all. Disclosing this but if not you can deal with debt collectors are meant to work with debtors a... On weekends its between 9am and 9pm, even how to beat panthera finance Sundays know its debt. Contraventions and made joint submissions to the Court with the ACCC notes that in the debt Free Community is referral... Be repossessed if you know its your debt, then we can help, and I! 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