Comparison
Recovia vs Credit Corp.
Credit Corp buys debt outright at a discount. Recovia recovers on your behalf as an agent, so you keep the customer relationship and the upside. Here's how the two options actually compare for an Australian creditor.
This page is written by Recovia. We’ve tried to be honest — where Credit Corp is a better fit for a particular customer, we say so. Details about Credit Corp are from their public marketing site and may not reflect current internal pricing or feature scope. If anything here is out of date, tell us.
Two different models
Where the two differ.
Business model
Recovia · Recovery agent + SaaS platform — you keep the debt and the customer relationship
Credit Corp · Primarily debt purchaser + collector — buys ledgers outright at a discount
Why it matters · This is the biggest difference. Selling a ledger converts an uncertain future receivable into cash today, but you lose the customer relationship and any future recovery upside.
Ownership after handover
Recovia · You retain ownership; Recovia acts as agent under a Deed of Assignment for Collection
Credit Corp · Credit Corp typically takes ownership via a Deed of Purchase
Customer relationship
Recovia · Preserved — every message is in the client operator's name
Credit Corp · Handed over — the debtor is now Credit Corp's customer
Suitable book size
Recovia · Any size, from a single account upward
Credit Corp · Usually portfolio-scale (thousands of accounts) for debt-purchase deals
Cash timing
Recovia · You receive recoveries as they land, net of commission
Credit Corp · Lump sum on assignment, at a discount to face value
Hardship handling
Recovia · Debtor-facing hardship portal with a documented review SLA
Credit Corp · Available; process varies
Why it matters · Both companies are ACCC/ASIC-aligned, but the workflow and self-service tooling look different — Recovia's Resolve portal is designed for the hardship path first.
Bureau reporting
Recovia · Automated with per-account rules and pre-default notice tracking
Credit Corp · Standard practice
Transparency
Recovia · Full account timeline shared with the creditor via the client portal
Credit Corp · Limited creditor visibility once debt is sold
Why it matters · If you want to see exactly what happened on each account, you generally want an agency model, not a purchase model.
Regulatory footprint
Recovia · Newer Australian company; ACL + ACCC/ASIC guideline aligned
Credit Corp · ASX-listed (CCP.AX); mature compliance program
Pick Recovia when
- You want to keep the customer relationship even on defaulted accounts
- You have any size book — from one account to thousands
- You want visibility into what happens on each account
- You'd rather receive real cash as it lands than a discounted lump sum today
- You want to keep upside on tough-to-collect accounts that eventually pay
Pick Credit Corp when
- You'd rather convert a large defaulted portfolio into cash today
- You don't want ongoing operational involvement with the accounts
- Your accounts are already deeply aged and internal recovery has plateaued
- You're comfortable losing the customer relationship for the certainty of a lump sum
See Recovia for yourself, no pitch deck.
Book 20 minutes with the founder. We'll load a sample of your accounts and walk through what a first month of recovery would look like on the platform.