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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 Blog

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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Subscribe to this list via RSS Blog posts tagged in APRA useless
All Banks have to do to boast Prudent Lending Practices that advantage their customers, is to PRESS THE EASY BUTTON?  Will Banks do that and stop their nefarious activities in Toxic Liar Loan Mortgage Lending?  Not likely. They say all too hard as no profit in clean products but obscene profits in toxic mortgage products...engineered by four Major Banks.   Bankers use Fraud, Forgery and Maladministration in Lending in approval processing aided by their favourite weapon:   the dreaded service calculator.  Next banks will move the loan approval process OFFSHORE as if a Nigerian Scam...............wait for it....coming to a bank nearest YOU! ASIC and APRA will bleat: outside our jurisdiction.......................Back to 1950's BUYER BEWARE OF BANKERS and toxic financial products. They simply tell our Australian Prudential Regulator ("APRA") to bugger off.....same as bankers have been doing for two decades.  Then ASIC sends form letters to aggrieved consumers complainants re Banks,  to clear off as...
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