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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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Whistleblowers' Corner!
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Denise Brailey
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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Bank Staff Hurting: Call Me
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There area number of bank staffers from several banks that are hurting. They were encouraged to also borrow funds on a discounted rate, yet four years on are finding as our members have found, that they have paid massive hikes in mortgage payments - at times double the original agreements. Interest rates were lumped on at 4 - 5% higher than the RBA rates and no reduction in rate applied at any stage.
What was the Treasurer doing about this gouging process by greedy bankers? Not a great deal. Staffers then found they were being offered buffer loans to assist them with "affording" payments for another couple of years. Now they are being threatened with eviction buy their own employer or ex employer. How far into the employment sector do these bank scams wander?
Staffers affected can contact me and confidentiality assured. We want to assist you.......do not be intimidated by these banks. These loans were highly illegal and yet regulators permitted fraudulent practices to multiply.
Contact me and tell me your story: Denise Brailey
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Sunday, 02 September 2012THe blog about Maladministration in lending to own staff was NOT my case and nor did I pretend at anytime to be that person. The piece was published on a public website as it's term and conditions stated so. I copied it to highlight that the banks have no regards for anyone and everyone is a potential victim. I also at the time felt sorry for her and thought she could use some assitance of the group. I have copied others blogs of other victims and have never claimed to be them either.
EDITOR: This is the utter truth of the matter. Thanks Jane for bringing it to our attention.
Exploitation of staff as well ... what a charming lot!
Staff under stress leads to customers under pressure ...
Bill Shorten had a rant at the banks last year over their staff complaints.
We just have to wait for the bank staff to get sick of it and talk to us.