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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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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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KIWIS and Aussies Unite: give Winston Peters a call

Posted by on in NZ KIWI's Fight Back
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I wonder if he has been reasing about the Senate do and Denise's brilliant contributions


NZ First leader Winston Peters wants an inquiry into the "obscene" profits foreign-owned banks are making.

All New Zealand's big banks are Australian-owned and Mr Peters says ANZ National is on target to post a record profit of more than $1 billion.

"We are in the middle of a global financial crisis yet a single bank is in the process of manufacturing a record profit from the wallets of hard working New Zealanders," he said on Tuesday.

"Year on year they are making extraordinary profits - last year the big four Australian banks on average increased profits by 28 per cent, it's totally outrageous."

Mr Peters says a full scale, independent inquiry must be held and its brief should be to find way to ensure a bigger slice of the profits stay in New Zealand.

"With the economic gloom showing little sign of lifting, now is the time for an inquiry into banks' obscene profit margins."

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  • doyla66
    doyla66 Tuesday, 21 August 2012

    Geoff, I and others love your posts. You are doing a lot of research and coming up with Gems of info that you can't put a $ figure to it. Great work.

  • doyla66
    doyla66 Tuesday, 21 August 2012

    That's brilliant, Geoff. Just getting a pollie to speak out like that is a really good sign. Regardless of his politics. Do you think Australians could congratulate him on his initiative? Would that help?
    Every time one of them gets it right if we praise them, they do like it in Australia. That's how they find out what we like about their efforts and they are more likely to keep doing that.

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