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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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BFCSA: Your new How to Vote Card

Posted by on in Political Blindness
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Our members do not care whether Ms Gillard saw a letter 17 years ago.  

What they do care about, is cleaning up a corrupt industry known as the Australian Banking Sector.  The Opposition needs to get hold of some REAL issues and start assisting BFCSA in getting this message out there, lest the entire nation is swallowed up in our own GFC.

The hard working Senators have yet to reveal the extent of the damage down-under.   Watch for the findings of the Senate Inquiry - Banking Post GFC on November 28th and listen to what the Senators have to say on the Senate website.  Make sure you pre-download a media pack to receive it. 

There will be a flow on effect of this scandal for both major parties.  Most people now know someone who has been caught in the Australian Mortgage Scandal.  Smaller Agencies have been advising their Members of Parliament of this dirty mortgage  "phenomena" for years.  Is the solution to cover-up the awful truth, remain on damage control, run the entire nation into the ground and pretend the elephant isn't in the room?

I cannot remember, in our Parliamentary history, where the two major parties ignored the ripple down effect of hundreds of thousands of families simultaneously facing losing their homes and forced to sleep in tents and old caravans for shelter.  Children are being deprived of a home....I guess there is always Nauru in winter and the lawns of Parliament House in summer.  Grandparents and Parents will have to tell their children "camping" can be fun.

Loss of one's Castle affects the entire extended family and friends.

You can only imagine how they will vote.   Notice how the Terms of Reference were restricted to post GFC, when our own Australian Mortgage Scandal originated in the late 1990's.

You will know soon who to vote for......the Party with the greatest integrity and courage to swing out there on a limb and say enough is enough: ROYAL COMMISSION INTO BANKING SECTOR - Wide Terms of Reference.

Australians know how to swing their vote around.  Gone are the days of staying with one Party for life.

Let's pray these Senators collectively make the right decision.

ROYAL COMMISSION INTO AUSTRALIAN BANKING & FINANCE INDUSTRY - Wide Terms of Reference including Insurance Companies, Superannuation Managers, Liquidators ADI's and Non ADI's.

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Guest Friday, 28 February 2020