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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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Jenny Mack CEO of Choice thinks FOS is a good system for consumers.  We deal with the end users of the services on a daily basis.  The long suffering victims of bank generated RESIDENTIAL MORTGAGE FRAUD.  We are not criticising Jenny Mack for her lack of knowledge in this area, as CHOICE mainly deal with manufactured products and not financial services.  BFCSA are at the coal face of dud financial products and services investigations.   Choice do an excellent job but are restrained from "road-testing" financial products.   How do you road test a mortgage and wait 3 years into a 30 year loan for the inevitable IMPLOSION of product?    Jenny Mack needs to be careful not to comment on things she is unfamiliar with other than ridiculous and untrustworthy ASIC briefs.  I say this as I noted "Andy's comments" in today's comment section.    Also comments by Linda Sterling-Levis, at...
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  • doyla66
    doyla66 says #
    I can remember reading a FOS company complaint blacklist. One of the companies I complained about was top of the list. It was publ
  • doyla66
    doyla66 says #
    Yes Lisa; right now FOS hierarchy silence (great) case-manager since alerted to FOS linked ING-forged-doc on ING letterhead-- FOS
  • doyla66
    doyla66 says #
    My personal experience with FOS only serves to cement the inconsistencies and incapabilities of the FOS trained staff.
  • doyla66
    doyla66 says #
    If Jenny Mack is restrained from road testing financial products then who is doing the road testing? Answer: We are! We, the Aus
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