Effective Date: September 2, 2025
Last Updated: August 15, 2025
Users must be 18 years of age or older and legally capable of entering into contracts.
The Website is intended for business and professional use only. By registering, you confirm that you are acting as a creditor, investor, or authorized representative of a business.
Personal consumer debts may only be listed if permitted under applicable laws and regulations.
CreditDump.ca is a technology-driven marketplace and facilitation platform that enables:
– Businesses to list unpaid invoices, receivables, judgments, or accounts.
– Buyers, investors, and licensed collection agencies to evaluate and acquire receivables.
– Access to optional services and add-ons, including skip-tracing, credit bureau reporting, settlement support, express payouts, portfolio bundling, and invoice financing.
We are not a collection agency, law firm, or financial institution. We provide a platform to connect creditors with third-party professionals.
By using the Website, you agree to:
– Provide accurate, complete, and lawful information when creating Listings.
– Confirm you have the legal right to list, assign, or sell any receivable or judgment.
– Comply with all applicable laws, including:
– Avoid uploading fraudulent, disputed, or misrepresented receivables.
– Protect account credentials and prevent unauthorized access.
All collection and debt settlement activities arranged through the Platform must comply with the Collections and Debt Settlement Services Act (Ontario) and similar provincial legislation.
– Only licensed collection agencies may conduct debt collection activities.
– Debtor communications must follow all legal restrictions on contact, disclosure, and prohibited practices.
– Settlement offers and payment arrangements must be properly documented.
– We may suspend or remove Listings that appear unlawful, non-compliant, or in breach of CDSSA rules.
– Free Plan: Upload 1 invoice per month at no cost.
– Additional Listings: $1.00 per invoice.
– Collection Services: 20% flat commission on recovered amounts via debt assignment.
– Debt Sales: 1%-5% commission on successfully sold receivables.
– Financing Services: Available from 4.5% per annum, subject to eligibility and service fees.
– Add-Ons & Optional Services: Skip-tracing, credit reporting, legal referrals, portfolio bundling, express payouts, and other enhancements are billed as separate line items in addition to base service fees.
– Sales Taxes: All services, fees, commissions, and add-ons are subject to applicable federal and provincial sales taxes.
Fees are disclosed transparently before purchase. Unless covered by Section 6 (Money-Back Guarantee), all fees are non-refundable.
– Certain services may include a 100% Money-Back Guarantee as advertised.
– Guarantee applies only to fees paid directly to Asset Recovery & Credit Inc. (activation and platform service charges).
– Guarantee does not extend to commissions, third-party charges, legal expenses, or payments outside the Platform.
– Refund requests must be submitted in writing to info@creditdump.ca within 30 days of the original payment.
– The Website may connect users with collection agencies, investors, law firms, or lenders.
– All third-party dealings are independent of CreditDump.ca.
– We do not guarantee or control third-party performance, conduct, or results.
– Users are responsible for performing their own due diligence.
All Website content, trademarks, software, and technology are the exclusive property of Asset Recovery & Credit Inc.
Users may not copy, modify, or exploit Platform content without prior written consent.
To the fullest extent permitted by law:
Asset Recovery & Credit Inc. shall not be liable for any damages, losses, or claims (direct, indirect, incidental, consequential, or punitive) resulting from:
– Use or inability to use the Platform.
– Failure of a Listing to sell or recover funds.
– Errors, omissions, delays, or interruptions.
– Third-party misconduct or negligence.
The sole remedy for dissatisfaction is discontinuing use of the Platform, except where Section 6 applies.
You agree to indemnify and hold harmless Asset Recovery & Credit Inc., its directors, officers, employees, and affiliates against any claims, damages, losses, or expenses (including legal fees) arising from:
– Your breach of these Terms.
– Your misuse of the Platform.
– Your dealings with third-party providers.
Our handling of personal and business information is governed by our Privacy Policy, available on the Website.
We reserve the right to suspend or terminate access to the Website if:
– You violate these Terms.
– Your activities appear unlawful, fraudulent, or non-compliant with the CDSSA.
– Required by law or regulator.
We may update these Terms at any time. Updates will be posted on this page with a new “Last Updated” date. Continued use of the Website constitutes acceptance.
These Terms shall be governed by the laws of the Province of Ontario and the laws of Canada applicable therein. Disputes will be resolved in the courts of Toronto, Ontario.
For inquiries regarding these Terms:
Credit Dump Canada
Email: info@creditdump.ca
Phone: 1-888-973-9174