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BFCSA
MORTGAGE
DISTRESS SOS

What BFCSA Does...

BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.

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Lee Doyle

Led by award-winning consumer advocate Denise Brailey, BFCSA (Inc) are a group of people who are concerned about the appalling growth of Loan Fraud around the world. BFCSA (Inc) is a not for profit organisation in the spirit of global community concern and justice.

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doyla66

doyla66

Lee Doyle has not set their biography yet
My Story... I assisted a relative , with my Home as collateral. My 'commitment' was supposed to be for 1 year only! Since then and some years later, the relative has fallen ill, unable to work and can no longer service the loan. Up until thatpoint, other than signing the initial LAF, I had nothing to do with the loan - either servicing it or otherwise - have had no profit or benefit.   Subsequently it was found that the LAF was altered AFTER I had signed - not as a 'guarantor' as was my presumption, but as a borrower. As the loan has defaulted to me, I now face the imminent loss of my Home of decades as, on an 'Age Pension'   I can't service the loan. I was never in the position, at any time, for being approved for any loan, let alone this 'no-doc' one. As such, this was an 'imprudent lend' and a blatant, pre-meditated "asset" grab...
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  • doyla66
    doyla66 says #
    Yep Nab did much the same thing. A family member was unilaterally added as part of the loan applicants and also as guarantor. He
  • doyla66
    doyla66 says #
    They were hoping they would get away with it, knowing that ASIC is weak as water and can be swayed to side with them. The loan app
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Dear members Normally I'm not a vengeful  man but it is with delight that I've just read some of the best Sunday news for along time. The online      broker magazine" The Adviser" is running a story about Westpac raising  the rate of commission on loans. The story and article seem pretty straight forward and not much consequence but its when you read the comments the brokers have responded with that you get the true insight. In the banksters haste to divorce themselves from direct contact with customers getting low doc, no doc, full doc loans they set up the brokers to be the front men and fall guys, so when the loans started to implode as designed after a few years the onus and blame would fall upon the brokers heads. Next comes the GFC, our big four were well buffeted against it and still managed to make record...
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Dear members While trolling the Australian parliament website I came upon some text relating to contacting our pollies. There it is in black and white, we the voters and citizens of this great country have been provided with the link to contact everyone from the P.M. down to all the politicians and various departments, alas if only that was true. Nearly every member of BFCSA has tried to contact everyone from the P.M. down without much luck, I'm on my fourth P.M. now and thats not including P.M. Rudd  twice.  Some Ministers have replied albeit through staff and they just signed off on it. We even took the local M.P. route but he like most is stifled by the party machine and the underlings who run the show. We have to confront our politicians with the evidence and put them in a position where they commit to look into the matter...
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  • doyla66
    doyla66 says #
    Strange how politicians scream how un-Australian certain situations are when not in their favour or line of thinking, just how Ton
  • doyla66
    doyla66 says #
    I have just been browsing through the Government Department OAIC (Office of The Australian Information Commissioner) website to fi
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" Criminologist Denise Brailey, who runs the Banking and Finance Consumers' Support Association (BCFSA), said the airlines were using their loyalty schemes as a sort of "trojan horse" to push unwanted and potentially illegal financial products out to consumers. “People should be writing to ASIC and letting them know their utter horror that these companies would be able to issue unsolicited products while the regulator gives them a green light,” she said. http://www.smh.com.au/business/banking-and-finance/qantas-and-virgin-skirting-the-law-with-unsolicited-card-mailouts-20140130-31ol2.html#ixzz2rw6WK2R5   MasterCards for 16-year-olds in massive frequent flyer mail-out MICHAEL WEST 30 Jan, 2014 04:30 PM  Qantas and Virgin Australia have embarked on the biggest mail-out of unsolicited debit cards in the country’s history, sending MasterCards and Visa cards to up to 12 million frequent flyer program members. There is more than one catch to this unique event however. Not only are the cards unsolicited – a tactic which appears to breach federal payment card laws – but,...
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  • doyla66
    doyla66 says #
    Sorry made a typo, was in early 1974 I applied for that Bankcard job. The year before I landed one when they were setting up the
  • doyla66
    doyla66 says #
    Thought I was right for this article evoked even more memories. I actually went for an interview to work for them in 1972 - then
  • doyla66
    doyla66 says #
    Yes that is right Organza. I remember getting one from Nab sent in the mail, no questions asked. I think it was for $300.00 Big
  • doyla66
    doyla66 says #
    Is this not what they in the 1970's when Australian Banks first introduced bankcard? Just sent them out to everybody with a credi
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Having been evicted from our home in late December 2013, we are now in the unenviable position of facing bankruptcy.   The inquiries into the banking practice conducted by FOS has failed to consider the degree of responsibility that must be taken by the initial criteria that the banks made loans against: Namely that of Asset based lending that was outlawed in 2003 and continued until 2010.   We were loaned over $800k against our home and there were no accounts or income presented to the NAB.   The consequence that we have experienced is losing our home that we once owned outright and as for the Bank??, well they have our home and it will no doubt get sold for a knock down price.  The interest paid over the years would easily buy a modest home!!   I personally would like the banks held to some sort of account instead of...
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  • doyla66
    doyla66 says #
    As well as offering me a mortgage holiday he also then told me to go flick the credit balance over to a different bank and to do o
  • doyla66
    doyla66 says #
    So much for "we are here to help you". In my case I did not even know to take a mortgage holiday was possible and then actually h
  • doyla66
    doyla66 says #
    Yes, agree with Organza, don't ever tell your bank you are in hardship, my undoing also, I could have borrowed money from anywhere
  • doyla66
    doyla66 says #
    All cunning are they not?
  • doyla66
    doyla66 says #
    Whilst our Supreme court case was happening my husband had to go to hospital for a triple bypass. I contacted Nab's outsourced la
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My Story concerns FOS and its limitations.   They can only assist in a very narrow sense, only arbitrating a position between both parties.  They only adjudicate additional lending between lender and borrower.  There is no subpoena of documents, instruction of bank , enforcement of criminal proceedings.  Borrowers are entrapped into a legally binding Determination which prevents any other actions.   My low doc loan of 2007 with Perpetual/ Macquarie was transferred to St George without my knowledge by a broker who added $26,000 to the loan. He received $6,000 (which I am repaying) and was later charged and discredited by ASIC.   I have been involved with FOS for several years as my Loan Application Form was substantially falsified, unknown to me, and the loan repayments were untenable from the beginning. The Bank NEVER CHECKED WITH ME not even a phone call.   I have persevered with FOS, although they tried...
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  • doyla66
    doyla66 says #
    Probably they are all such misguided dopes they really believe all that spin re medical technology now so advanced we are all goin
  • doyla66
    doyla66 says #
    What? They admit maladministration and the outcome is they capitalize outstanding interest meaning you get MORE DEBT!!!!!!!!! St.
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My story is about ANZ systematic fraud/ malpractice aiming to illegally take my equity in a property far exceeding $190,000 while I had completely and honestly stated that our family income was $0 in the Loan Financial Position of our LAF. The following is an extract of my letter to the Senators for submission to the Inquiry into ASIC's performance The Facts: In November 2009, I planned to refinance my existing mortgage for generate income to meet our needs and objectives. On 4 Nov 2009, our loan consultant from One Direct told us that: “As you got sufficient equity in your properties, we can lend you $750,000. As it is Low Doc Lending, it won’t be matter whatever your income is. You can even just put zero income in your Statement of Financial Position form and our bank should have no problem with assessment.” On 8 Nov 2009, we did...
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  • doyla66
    doyla66 says #
    I took an issue I have with ANZ here in NZ to the banking ombudsman. The Ombudsman found just this month that ANZ had not conducte
  • doyla66
    doyla66 says #
    Yep can't even get the ones and zero placements right in their own binary code and ended in a real bind haven't they?
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In October 2009, St.George approved a loan to us of $416,700, for a term of 25 years, involving a new rental investment property, leased at $530pw. At that date I was aged 71 years, not employed and receiving part Age Pension.     Needless to say, we now find out (since becoming aware of Bank Fraud and joining BFCSA) that our Loan Application showed lots of false information about our “income”-  e.g. shown as earning a salary of $150,000, - all blatant lies, which even carried through to the list of Assets on the page headed “Financial Position”- wherein it states we “owned a boat $5000” (never have) and had “Business Equity of $150,000”- more blatant lies.   In September 2011, we applied to St George for Hardship Assistance” as we were under extreme financial pressure to maintain repayments, and had sold my wife’s car plus shares, and used all of our cash...
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Qantas and Virgin skirting the law with unsolicited card mailouts Banking and Finance  Date January 30, 2014 - 3:47PM (0) by Nathan Lynch Extract from the article " One in every three Australians is set to receive an unsolicited — and potentially illegal — MasterCard or Visa product after Qantas and Virgin Australia secured a private "no-action letter" from the country's corporate regulator. An investigation by Thomson Reuters has found that the cards are being sent out unsolicited to all Qantas frequent flyer members who are Australian residents aged 18 or older, despite federal laws that make it an offence to send debit cards to customers without first seeking their consent. The Qantas Cash cards are also being made available to 16 year olds. Lawyers and consumer groups have expressed their dismay over Qantas and Virgin Australia's decision to ride roughshod over the unsolicited card provisions in the ASIC Act. They also...
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  • doyla66
    doyla66 says #
    The good - we can get paid for being whistleblowers (now I inderstand what before I did not - check out an article in the SMH Page
  • doyla66
    doyla66 says #
    Organza, that means its no longer compulsory to vote.
  • doyla66
    doyla66 says #
    Organza,I now refuse to comment as I'm covered by the fifth amendment.Does this mean Tony Abbotts economic reform means the basic
  • doyla66
    doyla66 says #
    Looks like there are going to be a lot of very outraged people soon if now sending out such brochures as seems to be now happenin
  • doyla66
    doyla66 says #
    Organza, the Fatca stealth attack is gaining momentum, although I can't see Tony Abbott as a tea party Republican.
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Dear members We all know the BFCSA membership is over eleven hundred and each and everyone of us has been touched by the hand of bankster fraud but when you start reading the individual stories its nothing short of a tragedy and a travesty of justice.  We haven't lost our home yet but we came close some months when we had to use a Mastercard to meet loan repayments. I was working out payments such as utilities , insurances, bankster loan repayments etc twelve months in advance and even allowed for the two months of the year when we got three pension payments for the month, these two extra payments were used to pay back the Master card which covered the months we coudn't meet the full bankster repayments. The only reason we have a little breathing space at the moment is due to the record low interest rates but its...
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  • doyla66
    doyla66 says #
    The clue is in the computer coding Neil for it's all computer money and it's not the money they are after! Think of The Emperor w
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We write on behalf of our son. We hold enduring power of attorney. Our son took out a Low Doc Loan, interest ONLY, from Macquarie Bank on his house and one other property. The application grossly overstated his income and assets and also stated that he was married which he was not. Because of high interest rates, and the fact that he could not afford this loan from day one, our son fell behind on his repayments. He finally came to the family for help, as the Bank was threatening to foreclose. He tried to sell the property so as to cut his obligations in half, but Macquarie refused to release the mortgage.  He wrote to Macquarie explaining his reason for selling the one property but received no written response. He engaged a Lawyer to do three things,To stop the foreclosureTo find out how much arrears had to be paidTo remove the withdraw facility from the loan. Macquarie did...
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  • doyla66
    doyla66 says #
    PS - my income was altered up $250K or more - that's a big fraud!
  • doyla66
    doyla66 says #
    Well, they got you and me and heaps of others into it, Organza, for which they also received handsome commissions for underwriting
  • doyla66
    doyla66 says #
    Same here. With all the accrued interest and fees, we now owe more than our home is worth. In my opinion unless a good Lawyer is f
  • doyla66
    doyla66 says #
    Our interest and fees have been dragging on for over 4 years now. The outstanding amount is more than double the original fraudul
  • doyla66
    doyla66 says #
    It seems that lenders and banks get great delight in charging these horrendous fees and dragging the system on just to make it har
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This is our story                                We applied for a loan with 2nd Chance mortgages brokers name was Kylie G.  from South Australia. We filled in one LAF form 23 May 2007 with our details to La Trobe Financial and the loan was approved.  After four years of making payments which we struggled from day one to afford, we were in a drought for two years and as result lost work and were in deep financial distress. After advice from friends to contact Denise Brailey we went to find our Loan Application Forms.   In Aug 2012 with the help of COSL (as La Trobe wouldn’t supply) we received our LAF forms then we were surprised that there were two LAF forms, one with our details, and another form with altered details.  The LAF form which we filled in has been stamped by La Trobe dated 12 June 2007 The second altered form stamped and...
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  • doyla66
    doyla66 says #
    A lot of these fraudulent loans are coming up for the 2007 year. Is this when the lenders brokers were dispensed with in favour o
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  I won my case in December against Provident Capital - they will get no more from me, but have a $30,000 caveat over my home ONLY when it is sold, which could be in the next century.     1.Loss $1 million plus 3 investment houses 2.No longer with FOS - they said our claim was now too high 3. Advised by a broker -Areca Finance 4. Provident Capital have left me financially crippled, and with a husband who is now classified as being in need of high care for his dementia.     PC are still trying to get $700,000 from me although they have recouped the cost of what they lent us PLUS $1 million in interest.  I had $1.94 in the bank when they asked for that amount at mediation..... Have heard nothing re class action against PC, although I joined up right away.    I am battling to continue to work...
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I have listed a very short version of our horrendous and continuing ordeal with Suncorp-Metway Bank.   My father owned ten properties by the end of 2005. He had $66,000.00 cash in the bank and a mortgage of $385,000.00. From November 2006 to October 2007 Suncorp-Metways,  Mobile-Banking-Lender-of–the- Year, Brendon M. wrote five Loan Applications Forms for my father totalling $2.63M, to be repaid over the next thirty years. The absurdity of it all is my father was old and frail and at seventy six years of age, he did not have any real income and none is listed on the LAF. Suncorp-Metway, through their agent Brendon M., has targeted my father as an ARIP, selling him Bank products he obviously could not afford with the intention of Brendon M. gaining commissions on those sales and Suncorp-Metway to eventually strip my father of his hard earned assets. All my father’s accounts are with...
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We owned our own home & were virtually debt free having made reasonable profit on investment properties in the past.  In 2006 an agent approached us and said that he had a buyer looking to buy our home. We agreed to sell and looked around and found a home that was $25,000.00 cheaper than our home.     Both settlements were to be on the same day. We were notified by the agent selling our home that the purchasers finance had been approved. About 10 days before settlement, the finance company for the purchasers reneged on the amount that they would advance  by $100,000 & would not make funds available on settlement day.    We had been talking to a local finance broker previously about an investment property, so he approached the finance company that we still had a small business loan with.  Then we found out that the sellers of our new home...
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  • doyla66
    doyla66 says #
    Nab are good at handing out money knowing full well that we will never be able to meet the payments. Shonky as they come.
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After receiving a letter from KEMP STRANG (solicitors for PERPETUAL TRUSTEES VICTORIA) letting me know I have until 28th. February to pay up all monies owing including the 11% interest they have been charging  or they will start proceedings against me to evict , I went to my lawyers who sent KEMP STRANG a reply requesting all paper work and contracts including the complete LAF docs. and most importantly the Service Calculator Sheet and correspondence from all concerned to do with my loan and anything that was in my "VAULT" so that I could assess this matter further and give them an answer. After a few days the reply from KEMP STRANG was as follows : "we will not be sending any paper work and once again ask that all monies be paid or legal action will go ahead as stated." So now I am refused any paperwork to do with my...
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  • doyla66
    doyla66 says #
    Thankyou for all the support.I have no intention of giving up and I will keep fighting.These corrupt beings right through every de
  • doyla66
    doyla66 says #
    Notice that the banksters all out source their legals. Used to be all done with inhouse lawyers. Among the legal world the solic
  • doyla66
    doyla66 says #
    These corrupt Law firms also need to be thoroughly investigated and included in the Royal Commission because without their involvm
  • doyla66
    doyla66 says #
    Grandma. This worked for me. I emailed the CEO of Nab requesting paperwork Nab and its lawyers refused to provide. It did work.
  • doyla66
    doyla66 says #
    Grandma, we can only offer you words of comfort at present. Its always the same law firms doing the banksters dirty deeds, its blo
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Calculators could catch brokers out                            by Ben Abbott | 01 Apr 2011                     Brokers should develop their own fact find and serviceability calculation procedures to meet their NCCP obligations, a risk consultancy claims, rather than rely on those of their finance providers. QED Risk director Greg Ashe said that under the new licensing regime, he would “strongly advocate” brokers develop their own fact find and serviceability calculators, as lenders could in fact use legal means to “hide behind brokers”. "The lender can use their lack of exposure to the client as a defence," he said. “If a broker is using a lender’s serviceability calculator without understanding the mathematics and assumptions behind it – and they have not accounted for lifestyle expenditure -  how can they truly stand up and say they conducted reasonable enquiries?” he said. Ashe said at the ”very, very, least”, brokers should take comprehensive notes and consider the client’s lifestyle...
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  • doyla66
    doyla66 says #
    Yep thats how the Brokers and banksters do it. Projected figures for 3 years for business plan. Each year always better than the
  • Denise
    Denise says #
    BFCSA told you so..........Lenders hiding behind disgraceful calculators to bring in the business and hide behind the Brokers and
  • doyla66
    doyla66 says #
    Well I think we are really dealing with cockroaches here. Did you know if you catch a cockroach shove in a screw top jar and forg
  • doyla66
    doyla66 says #
    Sounds like your Jonathon Livingstone Seagull( remember Neil Diamond and the 70's Nanna) is suffering from high blood pressure and
  • doyla66
    doyla66 says #
    Yes Neil. He was a very pasty faced chap who went red in the face easily, you know weasley type and yes beady beady eyes. I thou
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ANZ review after glitch forces $70m in home loan refunds DateJanuary 30, 2014 - 10:18AM 388 reading now Read later Clancy Yeates Banking reporter View more articles from Clancy Yeates Follow Clancy on Twitter Email Clancy ANZ Bank is conducting a sweeping review all of its home loan, savings and small business accounts to ensure they are operating correctly, after a major glitch forced it to refund $70 million to 235,000 home loan customers. Last week the bank commenced sending out letters to the customers, who were charged incorrect interest rates through their mortgage offset accounts due to processing errors by the bank. Do you know more? This email address is being protected from spambots. You need JavaScript enabled to view it. Some of the errors dated back to 2003, and occurred because key processes were carried out manually, leaving the door open to human error. Customer complaints first alerted the bank to problems with the offset accounts in 2010, which then led to a four-year review led by...
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  • doyla66
    doyla66 says #
    gfs246 I used to feel like you desperate down trodden but there is no point in being in that frame of mind. Believe me I know wha
  • doyla66
    doyla66 says #
    email this man your story. he may have some sort of morals & may be able to help get our heartbreaking stories in the media. i fee
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Dear members To those who think the word disenfranchise in the blog title is mainly to do with ones right to vote, your right but it also means to deny someone or a group of people legal right and in our case thats exactly whats happened. At first as individuals trying to get resolution from our politicians and regulators and now as a support group of over eleven hundred members and growing and we simply want the laws of this country upheld and acted upon and not watered down to lesser charges by mediocre pencil pushers like Medcraft and Kell. Being an ARIP (asset rich income poor) is a badge I now wear with pride and distinction. At first I thought it was stupidity and greed that was our undoing but soon realised it was that basic fundamental that most humans pocess, trust. We trusted a former work colleague who steered...
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  • doyla66
    doyla66 says #
    It was once observed that there is immeasurably more intelligence and knowledge outside of government than within it. Those in pow
  • doyla66
    doyla66 says #
    Change, ASIC, the banksters and the brokers(MFAA)keep telling the government there is no systemic fraud on Loan Application Forms.
  • doyla66
    doyla66 says #
    "What would happen if the government openly and honestly advertise nationally on mainstream media that if you are a victim of bank
  • doyla66
    doyla66 says #
    Will Greg Medcraft turn up on the big day or will he send his little puppet (Kell) along as usual to answer his questions for him
  • doyla66
    doyla66 says #
    GFS, there is light at the end of the tunnel but is Denise Brailey who is holding up the lantern , no one else. We have been aband
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This morning I sit here going through invoices finally provided to me by BOQ.  It is 4 ½ months since eviction and I am still in absolute disarray and do not know where things are at.  BOQ has up until now not even provided me with a settlement statement for my ‘building dispute’ This house was SOLD in August 2013, nor has the bank told me  how much I SUPPOSEDLY STILL OWE THEM which they are persistently chasing me for.  This is just disgusting when it is hard enough to try and work out where I will be living in a few months’ time.  I can't even afford this temporary accommodation. How can I settle or get my life together or recover mentally? But worse still, it's impossible for me to get on and find peace due to all of this uncertainty.   BOQ have a LOT TO ANSWER FOR. While never once OPENING THE...
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  • doyla66
    doyla66 says #
    BOQ and Stuart Grimshaw must be so proud of BOQ North Ward since they were apart of the main instigators in bringing in the NCCP r
  • doyla66
    doyla66 says #
    That ASIC vs BOQ court case verdict should be due any day now! (re : Storm Financial case) Macquarie settled. I am looking out fo
  • doyla66
    doyla66 says #
    Brokers news - just had brokers recently on line, (a few days ago) saying how dodgy BOQ still are. !!! That itself speaks volume
  • doyla66
    doyla66 says #
    I assume mission accomplished means Afghanistan now has a central bank
  • doyla66
    doyla66 says #
    The latest saving from P.M. Tony Abbott, the army personel who remain behind in Kandahah, Afganistan will be stripped of a $!9,00
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Our story:  Credit Assessor Clayton C. and Loans Manager Hugh M. both employed by Legacy Financial Services at time of our loan approval. Lender was Australian Executor Trustees Ltd.  In 2007 we applied for a small investment loan through a broker with the intention of boosting our retirement funds, as we did not have any super and did not want to depend on Government assistance.  Well it all back fired on us big time and we have been suffering ever since.  Little did we know that our broker was trained by the lender to deceive us and lead us to destitution, but the broker and bank gain financial benefits at our expense.  Simply applying for a loan should not have put us in jeopardy of losing our home. This loan approval has changed our life from being comfortable and happy to a living hell.  Our 30 yr loan should never have been approved as our small Centrelink...
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  • doyla66
    doyla66 says #
    Unfortunately most of us are looking in the same mirror. My broker worked the same way as yours to suck her victims in, both are l
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Gail Kelly was a dud and other mysteries Date November 17, 2010 (1) by Michael Pascoe So Westpac's Gail Kelly, potentially the $55 million CEO according to the latest beneficent offer from her board, was a dud CEO at St George. Or the Australian Competition and Consumer Commission's Graeme Samuel is a fool. You choose the correct statement and disregard the other. Those alternatives were (perhaps unintentionally) proposed in yesterday's Chanticleer column in the Australian Financial Review, which claimed St George could not have survived the global financial crisis as an independent entity as it “was too heavily exposed to the securitisation market”. According to Chanticleer and general market opinion, that's why Samuel waved through Westpac's acquisition of St George in 2008. If the Westpac takeover didn't have to happen – if it wasn't another case of the regulators and bank club quietly engineering the solution to a crisis – Samuel has to...
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  • Denise
    Denise says #
    As a DUD, Gail Kelly sure caused a lot of misery to thousands of decent ordinary older folk both at St George Bank (remember Henry
  • doyla66
    doyla66 says #
    Organza, I left the workforce in 1999 but even back then you would see all the prospective job applicants rolling up with their C/
  • doyla66
    doyla66 says #
    Do you recall in a previous comment I mentioned how desperately I had been finding to find a job and had even applied for some wit
  • doyla66
    doyla66 says #
    Also remember exPM Julia Gillard appointed Gail Kelly head of the B20 to represent Australia at the G20 to promote investing here.
  • doyla66
    doyla66 says #
    And she is now presiding on the throne as Chairman of the Australian Bankers’ Association? Looks to me like the world has indeed
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Hello    I find it increasingly hard to believe that FOS, COSL and ASIC can sit on the fence and tell us that we have not provided enough details to convince them that our BANKS have a MAJOR INVESTIGATION coming their way.    Our case has reached a substantial level now with FOS and our evidence is all clear, concise and points to three very guilty parties all working  together to make a maximum return with a calculated and sinister efficiency. All “our ducks are in a row” as Denise would say, but it now appears that FOS are giving us a new diversion, saying that there is no evidence of us supplying our tax returns for the three years prior to our taking the loan. That of course is a load of rubbish. We have always supplied figures no matter if we were intending to buy equipment, vehicles or as in this case, a property.  Common...
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  • doyla66
    doyla66 says #
    Right down to the depths of Hades itself I'm afraid and a lot more involved than one might ever suspect. They have created such a
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BFCSA: Denise Brailey slam dunks MFAA about Loan Application FraudThe people who complain about Loan Application Fraud are consumers.  MFAA knows that brokers will not complain as they do not ask the bank to send the client the LAFs, therefore Brokers do not see the fraud.  Consumers complain to BFCSA as a support group and we demand the LAFs.    It is inappropriate for MFAA to say "no systemic issues" when it has not seen the relevant documentation.  The very reason there is a Senate Inquiry into ASIC is due to the large number of complaints from consumers to ASIC which it ignored for ten years, on the subject of toxic lending. ASIC has never taken a Lender to Court.  MFAA also has Lenders as Members.  Something to explore I would think and for consumer victims of bank fraud to consider.  Denise Brailey   ...
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  • doyla66
    doyla66 says #
    They have got their moles in every kind of institution and organization I am afraid and look at how they keep on telling people to
  • doyla66
    doyla66 says #
    education, experience, ETHICS... I think not.. Not after reading a few of the Consumer stories here. (including my own experience)
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"Why would a BROKER feel the need to give my husband & I a direct deposit from his own personal account to ours of $7,000 ?  I can tell you why now…..  GUILT MONEY  EVIDENCE, EVIDENCE & MORE EVIDENCE……YOU BANKING GANGSTERS ! YOU & THE BROKER WORKED IT TOGETHER BUT YOU STUPID IDIOTS SIGNED OFF ON THE APPROVAL ONLY SEVERAL WEEKS BEFORE DECLINING IT!!!!!  So I NOW have it in writing, the first time I have seen this, no wonder life has been such a struggle.   I just got it in the mail….thank-you ANZ for all you help and for all the PAIN and suffering you have inflicted on my family!!!  ANZ think it’s OK to live off $111 per month with 2 kids in 2012. Really??  I wonder if the BANK CEO can live off this…………….  Bankwest tell me I have NO CHILDREN but then when my mortgage was refinanced by ANZ all of...
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  • doyla66
    doyla66 says #
    Me thinks you just might get your wish and hell they say hath no fury!
  • doyla66
    doyla66 says #
    Oh yes I know I already hear the gasps in their voice when I say my name. I just keep asking for everything on file and each perso
  • doyla66
    doyla66 says #
    Keep on their hammer for that is what they hate the most!
  • doyla66
    doyla66 says #
    They sure do organza.... KNOBSTERS I fell off the chair when I saw the DECLINE.... It's proof in the big fat pudding that somethin
  • doyla66
    doyla66 says #
    ANZ sure have a big problem with dates don't they? Have you yet found their ANZ spot and refer referral program advertised freely
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