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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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My credit file. Veda

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I was advised long ago, when my dispute with the bank started to have an update alert put on my VEDA credit file. I did so. I am now advising others to do so too.

The cost is aprox $60 for the year, but it send you alerts of updates and changes that are made to your credit file

The link is www.mycreditfile.com.au

You maybe also surprised what you find on there. I do regular print off for my records.

 

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  • doyla66
    doyla66 Sunday, 25 November 2012

    It is obvious that the banks never did their checks or followed proceedures or we would not be in the positions we are. They now have to back track and try and prove they did. Anything unusual that occurs on your file can be presented if you are viligant in keeping records on it.

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Guest Monday, 28 September 2020