Clearance certificates...???

"Clearance certificates" is the term used in https://800notes.com/Phone.aspx/1-872-213-9369 by "users" who supposedly owed a debt but than got their "clearance certificates" and "Everything has been taken care off. "

As Resident47 noted, there are no "clearance certificates" in USA (BTW, Resident47, thanks for the laugh, loved your response), which makes their stories entertaining.

Does anyone have any idea where the term might come from? I suspect it's a bad translation of another debt collection term used abroad.

Definition of 'Clearance Certificate'

A certificate that verifies that an entity has paid all its tax liabilities at the time that the entity ceases to exist or is transferred to a new owner. A clearance certificate is not required in all jurisdictions.  

Investopedia explains 'Clearance Certificate'

There are many different situations to which a clearance certificate may apply. A business may be required to obtain an income tax clearance certificate when it decides to dissolve. An estate whose assets have a high value may be required to obtain an estate tax clearance certificate when the estate owner dies and the estate's assets are distributed to heirs. A sales tax clearance certificate allows someone purchasing an existing business to ensure that they will not be responsible for any unpaid sales taxes upon becoming the business' new owner.


http://www.investopedia.com/terms/c/clearance-certificate.asp

I'd conducted admittedly brief research on the term only after the shills got under my skin. It seems to apply to tax debt, business liquidation, and/or consumer debt, depending on the locale. I gather for consumer debt, the cert permits one to borrow again, which may explain why it's being waved like a Cracker Jack prize in that thread.

http://www.wisegeek.com/what-is-a-clearance-certificate.htm
http://compuscan.wordpress.com/2011/07/21/use-credit-wisely-says-ncr/

I think someone in South Africa or Canada would have to explain more from the consumer perspective.

The Shills' command of the King's English is self-incriminating:

"They are not scam".

Uh, huh.

LOVE that name: "Skippy Shillington". LOL!

In other words, clearance certificate is a certificate of good standing from tax authorities and has nothing to do with a pay day loan debt. Oh, well :) everyone makes mistakes, and thanks for the laugh Adam, Sue, and Brian.